By Jon Nielsen Key highlights: Meta shares dropped over 12%, marking the worst intraday loss since October 2022. Q3 earnings per share missed estimates due to a one-time $15.9 billion tax charge. Meta raised its capital expenditures outlook to up to $72 billion for 2025, fueling investor concerns. Trade on Plus500 CFDs are complex instruments […]
Tag: AI
By Jon Nielsen Key highlights: Caterpillar shares surged as much as 12% to a record high following stronger-than-expected Q3 earnings. Energy and transportation sales climbed 17%, driven by growing demand from AI data centers and mining. Despite tariff headwinds and economic uncertainty, Caterpillar sees modestly higher sales heading into 2025. Caterpillar Inc. (NYSE: CAT) shares […]
By Marco Piccolo Key highlights: Nvidia has taken a $1 billion equity stake in Nokia, acquiring over 166 million newly issued shares at $6.01 each. Nokia stock surged 18.4% following the announcement, trading at $7.57 at the time of writing. The partnership focuses on advancing AI-powered networking and 6G technology development. Nokia (NOK) stock surged […]