Meta (META) is testing robots to swap cables and reset servers. One could take 80% of some workloads, a worker says.
Wired reported Meta is testing robots from Kinova, ABB, and Watney Robotics to swap cables, power cycle servers, and reseat parts at its Iowa and Ohio data centers. One worker estimates a cable bot could replace up to 80% of some workloads. Meta says it needs more workers, not fewer.
Meta (META) is asking TikTok and YouTube to copy its teen limits. Saying yes costs Meta another $5.3 billion.
Meta ran full-page ads in three national papers urging TikTok and YouTube to adopt the teen limits from its settlement. If the rivals comply, Meta pays the states another $5.3 billion, and New York's payout nearly doubles.
Meta (META) could spend $10 billion a year on Anthropic even after restricting its own engineers from using its tools
Meta is one of Anthropic's largest customers and is spending hundreds of millions a month on its tools, the New York Times reported, two months after Meta limited engineers from using Claude Code.
Meta (META) eyes $720 million South Korea bond sale to fund AI spending
Meta is quietly testing South Korea's bond market. It's looking at selling at least 1 trillion won ($720M) of won bonds to help fund AI, which would put a rare big foreign name in the Arirang market.
Evercore keeps Meta (META) at Outperform with an $860 target after the $18 billion settlement
Meta settled the teen-safety cases for up to $18 billion, and Evercore ISI says that clears one of the stock's two overhangs. The bigger one, capex, is still parked right over the stock.
Meta (META) settled the states' teen-safety case for up to $18 billion. A $10 billion charge hits Q3.
Meta settled the states' teen-safety lawsuit mid-trial for up to $18 billion over 10 years, about $12.7 billion to states plus $5.3 billion contingent on TikTok and YouTube adopting the same limits. It will record a $10 billion legal charge in Q3 and left its July guidance unchanged.
Trump made about 7,000 stock trades in six months. Biden made 13 in four years.
In six months, Trump's accounts made about 7,000 stock trades. Biden made 13 in four years, and every president since Carter used a blind trust or index funds. Here's what the filings show, and why the Senate is asking questions.
OpenAI's data center chief left five months in, as the company commits $1.4 trillion to compute
Chris Malone, OpenAI's head of data centers, has left after about five months, the latest senior exit as the company pours money into compute.
Trump's latest disclosure shows five Berkshire trades among 1,051 June transactions
President Trump's latest financial disclosure, filed August 12 and published August 22, lists 1,051 stock, bond and ETF transactions from June. Berkshire Hathaway (BRK.B) turns out to have been bought three times and sold twice that month, not purchased once as early coverage suggested, and the filing's largest single trade was a $5 million to $25 million sale of the Vanguard Dividend Appreciation ETF (VIG).
Meta (META) gets $855 price target despite a 91% free cash flow drop
Meta (META) raised its 2026 AI capex guidance to $130-145 billion and free cash flow fell 91% last quarter to $784 million. BNP Paribas and Erste Group both still rate the stock a buy, betting the spending turns into ad and cloud revenue.
CoreWeave (CRWV) signed a multibillion-dollar AI cloud deal with Hudson River Trading, but neither company disclosed the terms.
CoreWeave signed a multi-year deal with Hudson River Trading to power the quant trading firm's AI research on Nvidia Vera Rubin NVL72 and HGX B200 systems. Neither company disclosed a dollar figure. It's CoreWeave's latest large infrastructure deal after a $21 billion Meta contract and a $104 billion revenue backlog.
ECB researchers say an AI stock market correction is likely, even if AI delivers. European households hold €440 billion of US tech stock.
Five European Central Bank researchers wrote on Aug. 17 that "a correction of current stock market valuations is likely," even if the technology succeeds. European households hold around €440 billion of US tech stock, and the authors say there is less room to cut rates against a crash than in 2000.
You can trade single-stock options premarket starting August 17 at 7:30 a.m. ET. The first session includes Nvidia (NVDA), Tesla (TSLA), Apple (AAPL) and 18 more.
Cboe Options Exchange begins trading single-stock options at 7:30 a.m. ET on Monday, Aug. 17, two hours before the regular open. Limit orders only, no market or stop orders, and trades in the new sessions do not count toward the day's high and low.
Bill Ackman buys Netflix (NFLX) again after a $400 million loss
Bill Ackman's Pershing Square disclosed a new Netflix (NFLX) stake in its interim report, four years after selling near the lows for a loss above $400 million.
CoreWeave (CRWV) crushed earnings and Cramer's IREN call aged well. Then Nebius (NBIS) crushed it too.
CoreWeave crushed its quarter and jumped about 15% after hours, five days after Jim Cramer told a caller to buy CRWV over IREN and called it cheaper and better. The backlog hit $104 billion. Nebius (NBIS) reports Wednesday morning, and it's the next test for the whole neocloud trade.
Meta (META) is giving $1 billion to its data center towns. Its capex budget this year runs to $145 billion.
Zuckerberg announced the Future Is For Everyone Fund inside his superintelligence essay on Monday. Meta put the size at $1 billion, against 2026 capex guidance of $130 billion to $145 billion.
Meta backed Texas's data center audit. Its $10 billion El Paso project sits outside the grid Abbott froze.
Governor Abbott's office said Meta will comply with the state's data center standards. Meta's largest Texas campus is not on the ERCOT grid, and the Texas Tribune reported the same day that its Fort Worth and El Paso abatements ran through Delaware shell companies. CleanSpark, whose entire 885 MW Texas portfolio is inside ERCOT, backed the audit on its own.
Max your 401k match, Roth IRA and HSA before you touch a single stock. Index funds come next, individual stocks come last.
The order I'd actually go in: 401k match, then Roth IRA and HSA, then a broad index fund (or X Money if you want zero market risk), then mega-caps and dividend ETFs, then single stocks last.
Michael Burry shorted Oracle (ORCL) at $144.63 and Nebius (NBIS) at $211.77. This time it's the stock, not puts.
Michael Burry shorted Oracle at $144.63 and Nebius at $211.77 on August 6, this time selling the shares short instead of buying puts. His argument: their AI-era earnings are inflated by understated chip depreciation.
CoreWeave (CRWV) secured priority SSD supply from SK Hynix's Solidigm in a multi-year deal, but key terms weren't disclosed.
CoreWeave announced a multi-year agreement with Solidigm for priority access to enterprise SSD capacity. The release carried no dollar value, no term length and no capacity figure, which is not how CoreWeave's $21 billion Meta agreement read. Enterprise SSD contract prices rose about 80% in the first quarter.
AMD gave Meta and OpenAI warrants on 320 million shares at a penny. They're now worth about $152 billion.
AMD issued Meta and OpenAI warrants on 160 million shares apiece at an exercise price of $0.01, vesting on 6 GW of Instinct shipments and a $600 share price. At Friday's close the pair is worth about $152 billion against $3.2 million to exercise. AMD's Q1 10-Q says none of it has vested or touched the financial statements yet.
The AI trade rallied Monday. Memory fell as much as 8% at the open even as chip prices kept rising.
Micron (MU) has lost a third of its value since June 25 and SanDisk nearly half. CoreWeave and Vertiv fell about half as far, and Nvidia rose. Memory contract prices never fell. What changed is the rate of increase, which went from 93-98% a quarter to a forecast 13-18%.
Microsoft (MSFT) grew Azure 43% with $678 billion already booked. That is what Nvidia (NVDA) and Micron (MU) needed to hear.
Microsoft held its capital spending outlook near $190 billion, grew Azure 43% and rose 7.6% after hours. Meta raised its capex range by $10 billion at the low end, missed on earnings at $6.18 against a $7.14 estimate, and fell 9.0%. The market stopped scoring hyperscalers on capex announcements and started scoring them on whether the revenue arrives. That is a better setup for Nvidia, Broadcom and Taiwan Semiconductor than another spending headline, though it does nothing about the memory supply problem that actually caused July.
Kioxia hit limit-down again and is down 60% from its June peak. Sandisk (SNDK) co-owns its factories (July 28, 2026)
Kioxia closed at its limit-down price of 44,550 yen ($272 USD), down 18.33%, after finishing at the bottom of its daily band on July 17 as well. It is 60.5% below the 112,700 yen peak it set on June 22. It shares the Yokkaichi and Kitakami NAND plants with Sandisk (SNDK), which is why the two keep falling together.