By Andrew Ross Sorkin, Ravi Mattu, Bernhard Warner, Sarah Kessler, Michael J. de la Merced, Lauren Hirsch and Ephrat Livni
Meta just reported its best-ever first-quarter earnings. But for investors, that’s not enough — and that’s a warning to other tech giants set to announce their own financial results in the coming days.
Shares in the parent company of Facebook and Instagram are down 15 percent in premarket trading on Thursday, erasing more than $200 billion in market value, after […]
Wall Street's Patience for a Costly A.I. Arms Race Is Waning – The New York Times