Meta Plans on Doubling AI Investment in 2026

Meta’s (Nasdaq: META) fourth quarter results outpaced market expectations and sent the stock soaring 10% in the after-hours trading session. The company continues to invest heavily in AI infrastructure and recently announced several partnerships to the effect.

Apple Spends AI Dollars Cautiously

Last month, Apple (Nasdaq: AAPL) reported its quarterly earnings that continued to outpace all market expectations. The market was buoyed by the high demand for the latest iPhone, and that sent the stock climbing 16% in the after hours trading session.

Cloud Stocks: Alphabet Acquires Intersect to Build AI Capacity

Last week, Alphabet (Nasdaq: GOOG) announced its fourth quarter results that soared past market expectations. The company is looking to fund the AI initiatives by raising money through bonds.

Cloud Stocks: Microsoft Needs to Deliver Faster AI Returns

Microsoft (Nasdaq: MSFT) recently announced strong quarterly results, but despite their performance, the market was not happy. The stock slid 12% after results were announced as investors remain concerned about the high spending on AI and slow growth on cloud. This was the biggest fall for Microsoft since 2020.

Cloud Stocks: Analysis of IBM’s Confluent Acquisition

IBM (NYSE:IBM) recently announced the $11 billion acquisition of Confluent as it positions itself to cater to the evolving AI driven IT landscape.

Cloud Stocks: For Adobe, is the Semrush Acquisition Enough?

Adobe’s (NASDAQ: ADBE) stock had a tough run last year, having dropped 21% as the market remains concerned on AI making it so much easier to do what Adobe helped designers do. Adobe has been addressing the issue by aggressively investing in its AI features and embedding AI capabilities into its offerings. Recently, it also

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Cloud Stocks: Atlassian Grows Through Acquisitions

Enterprise collaboration solutions provider Atlassian (Nasdaq: TEAM) continues to deliver strong growth over the quarters. It recently announced a series of acquisitions that are helping it drive growth inorganically.

Eventbrite Suffers Deeply from COVID-19

Earlier this year, an IBIS World research report had projected online event ticket sales in the country to grow 9.5% to $13.2 billion in 2020. But like several other industries, the global pandemic has upended those forecasts significantly. San Francisco-based Eventbrite (NYSE:EB), a leading player in the industry, is struggling with its results as events

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