Meta plans to invest $10 billion to build an AI datacenter in Louisiana.
Meta, the parent company of Facebook, announced on Wednesday that it plans to invest $10 billion in establishing an artificial intelligence datacenter in Louisiana, USA, which will be the largest datacenter globally for this tech giant. The mega datacenter is set to be located in Richland Parish, Louisiana, aiming to process large amounts of data needed to support digital infrastructure, including AI workloads. The day before this announcement, Meta stated that it is seeking advice from nuclear power developers to help achieve its AI and environmental goals, mentioning its aspirations for the 30th century.
Futu Morning Report | Optimistic sentiment is rising again! The three major U.S. stock indexes have all reached new highs; bullish financial reports for AI applications and chip stocks are driving an investment boom, with marvell technology soaring over 2
Powell: The economy is stronger than expected, the Federal Reserve can lower interest rates "more cautiously", and the Trump administration cannot appoint a shadow Fed chair; Trump nominates crypto-friendly Paul Atkins to be the SEC chair.
Express News | Microsoft maintains its quarterly dividend at $0.83 per share.
US Stock Markets Surge To Record Highs As Tech Shares Lead Rally
Hong Kong stocks early report on December 5: Most china concept stocks declined, Meitu cleared cryptocurrency profits of about 0.571 billion yuan.
① The latest Beige Book survey by the Federal Reserve shows a slight increase in economic activity in November. ② Powell said the Federal Reserve can be cautious when seeking a neutral interest rate. ③ Trump chose digital assets advocate Paul Atkins to be the chairman of the U.S. Securities and Exchange Commission, leading to a big surge in cryptos and their concept stocks. ④ The three major U.S. stock indexes hit new all-time highs on Wednesday, while most popular China concept stocks declined.
Google CEO Sundar Pichai Says He'd Love to Do Side-by-side Comparison With Microsoft's AI Models
U.S. stocks closed: all three major indexes hit new highs as Trump ignited a cryptos frenzy, while AI applications and the chip sector showed more bullish earnings reports.
1. Jerome Powell's wording was "just right", and the Dow Jones Industrial Average closed above 45,000 points for the first time in history; 2. AI applications and chip sectors once again showed bullish financial report news; 3. The CEO of the largest health insurance company in the usa was assassinated on the street; 4. Trump nominated an SEC chairman with a pro-cryptos stance.
MicroStrategy's Bitcoin Bet Has Made Its Stock a Big Winner. Will Other Companies Soon Follow Suit?
Microsoft Options Spot-On: On December 4th, 487.43K Contracts Were Traded, With 2.53 Million Open Interest
On December 4th ET, $Microsoft(MSFT.US)$ had active options trading, with a total trading volume of 487.43K options for the day, of which put options accounted for 27.08% of the total transactions,
Microsoft Confirms the Windows 11 TPM Security Requirement Isn't Going Anywhere
Microsoft Seeks Probe Into FTC Disclosure Practice of Non-Public Information to Media
IDC Says World-Wide Tablet Shipments Are Expected to Grow 9.8% This Yr, Outpacing 0.8% Growth in PCs
IDC Says PC and Platform Makers Are Gearing Up for AI PCs and Tablets to Be the Next Big Thing, But Lack of Clear Use Cases and a Bump in Avg Selling Prices Has Buyers Questioning the Utility
IDC Says 2025 Is Expected to Be a Yr of Recovery for PCs, With Growth Anticipated at 4.3%, Driven by Comml Upgrades From Windows 10 to Windows 11
IDC Says Tablets Are Leading the Charge With Nearly Double-Digit Growth Projected for the Yr
IDC Says Many Corporate Budgets Are Constrained Due to Overall Macro Environment, Companies Continuing to Evaluate Need for AI PCs/Tablets, Which Often Come at a Higher Cost
IDC Says There Seems to Be a Big Disconnect Between Supply and Demand
IDC Says Global Market for Personal Computing Devices, Including PCs and Tablets, Is Set to Grow 3.8% in 2024
PCs and Tablets Expected to Grow in 2024, But AI Isn't the Main Driver --Yet, IDC Says
Making Money From Crowd Stampede – Palantir Becomes Largest Defense Contractor In Blink Of An Eye