AI BusinessCNBCJust now

Meta tanks 10%, Alphabet climbs 5% as each company raises capex spend

AI Summary

Both Alphabet and Meta said they expect their capital expenditures to keep growing this year, but investors sent Alphabet's shares up, while Meta's stock slid.

Read Full Article on CNBC

Recommended Tools

SponsoredProductivity

Notion AI

AI-powered workspace for docs, projects, and knowledge management.

Learn more →

SponsoredAI Marketing

Jasper AI

Enterprise AI for marketing teams. Generate on-brand content at scale.

Learn more →

> Intelligence Brief

Stay ahead in AI & Tech

Get the top AI and tech stories delivered weekly. Curated summaries, no spam, unsubscribe anytime.

No spam. Unsubscribe anytime.

CNBC

Jim Cramer says Amazon going up another 15% and 'not stopping' there

Just now The Verge

Now California’s cops can give tickets to driverless cars

Just now CNBC

Jim Cramer crowns Alphabet the hyperscale earnings winner, sees more upside ahead