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Meta Platforms reported its second-quarter earnings with one issue dominating investor attention: the soaring cost of its artificial-intelligence expansion.Meta is not alone. Amazon raised...

Financial News

Amazon (AMZN) stock blasted off post-earnings as Wall Street celebrated evidence that its whopping artificial intelligence (AI) spending was producing a measurable payoff. For...

Financial News

The cool news is that the latest data from the Federal Reserve’s preferred inflation indicator came in lower than consensus in June, primarily due...

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Financial News

Verizon recently scored some wins in improving customer retention within its business; however, it is seeing an unexpected slowdown in demand for a service...

Financial News

June’s cooling PCE data looks like good news for homebuyers, but high oil prices and Fed caution mean mortgage rates won’t drop anytime soon.On...