Meta's stock plunges 10% on light revenue guidance, dwindling free cash flow
Meta's guidance just told the street its ad growth is cooling and its capex discipline is tightening, which reads less like confidence in efficiency gains and more like a reality check on the cost per marginal AI dollar.
- 02Microsoft beats Q4 cloud expectations as full-year Azure revenue tops $100 billion
Microsoft's $100 billion Azure haul came not from the AI gold rush but from ordinary customers with ordinary workloads, a reminder that the real cloud story is always the boring one.
CNBC Top News - 03FIFA's controversial plans explained
FIFA is shopping a minority stake to private investors for up to $20 billion, betting that the World Cup's global reach can be monetized faster than the sport's governing body has ever tried.
ESPN - 04'The Man Will Burn' and the Battle Beneath Burning Man's Chaos
Jehane Noujaim and Vikram Gandhi spent five years inside Burning Man's counterculture machinery and found the founding contradiction, you cannot scale anti-establishment conviction without becoming the thing you fled.
Hollywood Reporter - 05Macy's Removes Its Iconic Sign
Macy's took down the Herald Square sign because the real estate beneath it is worth more than the symbol above it, which is how you know the flagship era is officially over.
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