Meta Raises AI Capex Floor to 130 Billion Dollars as Free Cash Flow Collapses to Near Zero
Mark Zuckerberg's company spent almost all operating cash flow on data centers in Q2 and shareholders are starting to ask when the AI spending spree pays off.
Mark Zuckerberg's company spent almost all operating cash flow on data centers in Q2 and shareholders are starting to ask when the AI spending spree pays off.
Scott Bessent's emergency intervention reveals how desperate officials have become to contain a bond market revolt threatening mortgages and retirement accounts.
The Raiders rallied to win but their number one pick threw an 80-yard interception for a touchdown and got benched at halftime.
Taylor Swift and Travis Kelce both debuted their wedding rings this week, confirming their July 3 Madison Square Garden wedding in front of 1,000 A-list guests.
Swedish hygiene giant Essity acquires Kenvue's Brazilian feminine care brands including Carefree and Sempre Livre for 284 million dollars in its second major deal this year.
Walmart delivered a rare earnings miss with its slowest quarterly growth in six years, while July retail sales fell 0.6 percent as tax refund spending fades.
49ers RB Christian McCaffrey has missed five straight practices with vague 'calf tightness,' igniting speculation of a contract hold-in just days before the season opener.
Madonna leads all artists at the 2026 MTV Video Music Awards with 11 nominations, including Video of the Year for her Confessions II short film, edging out Taylor Swift's nine nods.
Unitree Robotics raised 04 million and soared 460% in its Shanghai debut on August 19, becoming the first publicly traded humanoid robot maker in mainland China with a 0 billion valuation.
Retail sales posted the biggest drop in over a year in July, but major retailers are expected to report strong earnings this week, revealing a deepening divide between wealthy and middle-class consumers.
Baker Mayfield enters preseason playing out the final year of his Buccaneers contract with no extension in sight, and the Pittsburgh Steelers are watching closely as Aaron Rodgers' replacement.
Sony and Marvel's Spider-Man: Brand New Day crossed billion globally in just three weekends, becoming the second-fastest film to reach that milestone and Sony's highest-grossing release ever.