Breaking News: Technology
- Meta rises 8%, Microsoft sinks 11% as megacap tech stocks diverge after earnings - Meta jumped, while Microsoft plunged post-earnings as investors hunt for signs that big AI investments are paying off.
- Meta's Mark Zuckerberg gets green light from Wall Street to keep pouring money into AI - Meta's stock pop following the company's latest earnings beat is a sign that investors are OK with hefty AI spending as long as the core business stays strong.
- World’s largest sovereign wealth fund posts record $1.4 billion annual return, driven by tech and banking rally - Norway's $2 trillion sovereign wealth fund holds stakes in many of the world's biggest companies, including Apple, Nvidia and JPMorgan Chase.
- What tariffs? Toyota hits record sales in 2025, despite Trump’s auto levies - Toyota Motor retained its position as the world's top-selling automaker with record sales of 10.5 million in 2025, the Japanese auto giant reported on Thursday.
- SAP shares see biggest drop since 2020 after fourth-quarter cloud contract growth disappoints - It's the biggest daily fall since October 26 2020, when stock dropped 22% following disappointing third quarter results
- SK Hynix overtakes Samsung in annual profit for the first time as AI reshapes rivalry - SK Hynix beats rival Samsung Electronics in profits for 2025 for the first time ever, as the memory maker retains a lead in AI products.
- Meta’s Reality Labs posts $6.02 billion loss in fourth quarter - Meta’s Reality Labs posts $6.02 billion loss in fourth quarter.
- Tesla tops estimates for quarter, but wraps up first annual revenue drop on record - Tesla's earnings report comes weeks after Elon Musk's automaker reported another decline in vehicle deliveries.
- Meta shares rise on stronger-than-expected revenue forecast - Meta reported fourth-quarter earnings on Wednesday and provided stronger-than-expected sales guidance.
- Microsoft shows gain on OpenAI investment after restructuring as cloud growth slows - Microsoft’s finances look more favorable after OpenAI completed a restructuring.