The data center developer company on Thursday reported an adjusted core loss of $295.4 million, compared to the profit of $321.6 million recorded in the corresponding period a year ago.
Affirm Holdings saw its provision for credit losses jump to $214.2 million in the second quarter compared to nearly $153 million from the same quarter a year ago.
The Future Fund Managing Partner Gary Black said in a post on X on Thursday that nothing indicates more confidence in a company than its CEO buying shares.
Meta is positioning artificial intelligence at the core of its business strategy following stronger-than-expected fourth-quarter results and outlining ambitious plans for 2026.
Texas Instruments said that it will acquire Silicon Labs for $231.00 per share in an all-cash transaction, representing a total enterprise value of approximately $7.5 billion.
Gary Black, managing partner of Future Fund, said in a post on X that PayPal’s limitation is that it is very expensive for sellers compared to other online payment providers.
Late on Monday, the company launched a new Model Y variant in the U.S., called the Model Y AWD for $41,990, and renamed the cheaper Model Y Standard to Model Y RWD.
According to a Bloomberg report, the proposal aims to encourage home builders to construct homes under a plan that would allow people to transition from renting to owning.
