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HomeBig Tech AI Spending

Tag: Big Tech AI Spending

CoreWeave is plummeting after spending  billion, despite disappointing sales
IT & Tech

CoreWeave is plummeting after spending $35 billion, despite disappointing sales

CoreWeave said it expects capital expenditures of between $30 billion and $35 billion in 2026, sharply higher than the $14.9 billion it spent in 2025. Shares of CoreWeave fell more than 8 percent in after-hours trading on Thursday after the Nvidia-backed AI cloud infrastructure company unveiled plans to nearly double capital spending this year even […]

author
By Tomasa Rizzotti
February 27, 2026February 27, 2026
Wall Street tumbles as Big Tech AI spend sends investors into turmoil
Business

Wall Street tumbles as Big Tech AI spend sends investors into turmoil

A screen shows the Dow Jones Industrial Average and other trading numbers after the closing bell on the New York Stock Exchange (NYSE) in New York City, USA, February 5, 2026. | Photo credit: REUTERS/Brendan McDermid Wall Street ended sharply lower on Thursday, with the Nasdaq dragged to its lowest level since November by losses […]

author
By Tomasa Rizzotti
February 6, 2026February 6, 2026

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