Revenue rises 17% to a record $81bn, but 66% surge in capital expenditures revives debate about returns on vast AI costs
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Gold jumps over 3% to fresh highs as Asia stock markets trade mixed after U.S. Fed holds rates
The bullion rose more than 3% on Thursday to breach the $5,500 per ounce mark for the first time.
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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.
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Samsung’s profit triples, beating estimates as AI chip demand fuels memory shortage
Samsung Electronics reported an over three-fold surge in fourth-quarter profits, hitting a new record and beating analysts’ estimates.