Data center technology spending skyrocketed 34 percent in 2024, according to Synergy Research Group. It is soaring past a ...

Following $500 billion Project Stargate launch, Meta is also dolling out the dollars Meta's $65 billion is lower than ...

The cofounder and CEO of Meta doubled down on plans to spend hundreds of billions of dollars on AI infrastructure as China's DeepSeek raises questions about the costs of the AI arm's race.

U.S. GDP growth slowed to 2.1% in Q4, with consumer and government spending offset by a decline in investment and rising ...

U.S. economic growth decelerated in the fourth quarter, but still grew at a solid rate, powered by an uptick in consumer spending. ...

Key tech stocks were a mixed bag in early trading Thursday after executives at Meta and Microsoft said they plan to keep ...

Economists expect that real GDP grew about 2.3% in the period, below the third quarter’s growth rate, due to a trade deficit ...

Mastercard reported a fourth-quarter profit that beat Wall Street estimates as a resilient economy encouraged consumers to ramp up spending during the holiday season, sending the payments processor's ...

The US economy expanded at a solid pace at the end of 2024, fueled by a generous tailwind from consumer spending that more than offset drags from a strike at Boeing Co. and much leaner inventory ...

Consumer spending, which comprises the largest share of economic activity, advanced at a 4.2% pace — the first time since late 2021 that outlays have exceeded 3% in consecutive quarters.

Days after Chinese upstart DeepSeek revealed a breakthrough in cheap AI computing that shook the U.S. technology industry, ...

U.S. gross domestic product grew by 2,3% in Q4 2024 after expanding by 3.1% in Q3. Consumption was the lion's share of growth as investment fell on inventory declines.