Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Spotify.Getty Images Good morning! Here is the latest in trending:More downsizing: Wall Street Breakfast yesterday discussed why hiring is slowing. Today, Amazon (AMZN) announced plans to cut 14,000 corporate jobs, or about 5% of its professional workforce.Making the rounds: President Trump has landed in Japan on the latest leg of his Asian tour. A critical minerals pact was deepened amid pro ...

Core Insights - ENGIE has signed a power purchase agreement (PPA) with Meta for the Swenson Ranch solar farm, which will be ENGIE's largest asset in the US upon commissioning in 2027 [1] - The project will have a capacity of 600MW and will contribute significantly to local economies, creating 350 skilled jobs and generating approximately $160 million in local tax revenues [2] Group 1: Project Details - The Swenson Ranch solar farm is set to deliver 600MW of electricity, becoming ENGIE's largest asset in the US [1] - The project will be operational by 2027 and will increase the total capacity of renewable PPAs between ENGIE and Meta to over 1.3GW across four major projects in Texas [2] Group 2: Economic Impact - The construction of the solar farm is expected to create 350 skilled jobs for the local community [2] - The project will contribute approximately $160 million in local tax revenues throughout its operational lifespan [2] Group 3: Strategic Importance - ENGIE's partnership with Meta reflects a shared commitment to promoting a sustainable energy model [3] - The project illustrates ENGIE's capability to design and deliver large-scale renewable projects while efficiently mobilizing the local value chain [4] Group 4: Market Position - ENGIE aims to secure 4.3GW of renewable PPAs by 2024, reinforcing its position in the global market, particularly in the US, where demand for renewable energy is increasing [5]

In this articleMETAMark Zuckerberg, chief executive officer of Meta Platforms Inc., wears a pair of Meta Oakley Vanguard AI glasses during the Meta Connect event in Menlo Park, California, US, on Wednesday, Sept. 17, 2025.David Paul Morris | Bloomberg | Getty ImagesMeta's AI app has seen a major jolt in downloads since launching its Vibes feed of AI-generated videos, giving investors a glimpse of the company's artificial intelligence strategy ahead of Wednesday's third-quarter earnings.Since releasing Vibes ...

这周最大的事情是几家大厂的业绩。 首先是微软 最后是meta 亚马逊 | META US Equity Interactive Calculator Entitlements Export . Settings Company Financials | | | | | | | --- | --- | --- | --- | --- | --- | | Meta Platforms Inc Currency III( (USD) 4 | | | | | | | Peer Comparison: Social Media KPIC » Earnings: 10/29/25 EVTS » | | | | | | | Single Period Hultiple Periods Single Measure | | | | | | | Est. Source Consensus · Analytics None. Periodicity Quarters | | | | | | | In Millions of USD 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2025 Q2 0 ...

This is The Takeaway from today's Morning Brief, which you can sign up to receive in your inbox every morning along with: What we're watching What we're reading Economic data releases and earnings The top 10 stocks in the S&P 500, led by the AI giants, have surged back to dot-com era levels of dominance, according to new data from Lori Calvasina, head of US equity strategy research at RBC. Her chart shows the group’s equal-weighted performance versus the rest of the S&P is approaching the highs of th ...

整理 | 华卫 刚刚，这样一个消息在 Reddit 上引发热议：硅谷似乎正在从昂贵的闭源模型转向更便宜的开放源替代方案。 被称为"SPAC 之王"的知名美国企业家和投资人 Chamath Palihapitiya 公开表示，其团队是 Bedrock 的前 20 大用户，但现在已将大量 工作负载迁移至 Groq 平台上的中国模型 Kimi K2，因为该模型的性能显著更优，且比 OpenAI 和 Anthropic 都要便宜得多。 Kimi K2 是由月之暗面团队开发的混合专家（MoE）大型语言模型，总参数量达 1 万亿，激活参数量为 320 亿。此前，知名云端开发 平台 Vercel、AI 编码助手 Cline 和 Cursor、Perplexity 和 GensparkAI 应用也都接连宣布接入 Kimi K2 模型。 "最终决定切换到开源模型，核心就是成本考量。"Palihapitiya 透露，其使用的编程工具仍然通过 Anthropic 的系统运行，Anthropic 的 技术很棒但成本太高。而 DeepSeek 模型一推出就便宜很多，但要切换过去得花费几周甚至几个月时间。"AI 模型迭代这么快，要突然 ...

华尔街单日股价波动规模达数千亿美元已成为常态。随着推动股市持续上涨的大型科技公司波动性加剧，这一现象凸显了投资者面临的风险。 今年以来，个股单日市值涨跌超1000亿美元的情况已出现119次，创下历史年度最高纪录。 这种"千亿级"股价波动的增多，部分源于英伟达（NVDA）、微软（MSFT）、苹果（APPL）等巨头的庞大体量——这些公司市值均超过3万亿美元，是推 动大盘剧烈波动的主要力量。 但即便考虑到股市整体规模的增长，今年的波动幅度仍堪称异常。美国银行分析显示，2025年大型科技股的"脆弱性事件"（即股价波动远超常规区间）数 量，已突破2024年创下的纪录。 "如今大盘股单日波动10%、20%甚至30%都有可能，"美国银行全球跨资产量化投资策略主管阿比·德布（Abhi Deb）表示，"这种波动幅度在过去极为罕 见。" 科技股不寻常的大幅波动已经变得更加寻常 高盛表示，股价波动的一大推手是衍生品市场：散户投资者与对冲基金围绕财报季和宏观事件，大量押注个股短期走势。这迫使做市商通过建立自身头寸进 行对冲，进而加剧股价波动。 高盛数据显示，本月个股期权交易量达到2021年"迷因股热潮"以来的最高水平，其中散户投资者 ...

As the tech world braces for a flurry of earnings reports from the Magnificent 7 companies this week, market expert Gary Black has identified Nvidia Corp., Alphabet Inc., Meta Platforms Inc., and Microsoft Corp. as the clear “big winners” based on rising year-to-date earnings revisions.‘Big Winners’ With Rising Earnings Revisions: NVDA, GOOG, META, MSFTBlack’s recent X post highlighted these four titans as significantly outperforming the benchmark Nasdaq 100 index, even as the remaining Mag 7, Apple Inc., A ...

Core Insights - Meta is undergoing a significant leadership change in its AI division, appointing Vishal Shah as the new VP of AI Products, following the recent layoff of 600 employees in the AI team [1][5][12] - The urgency of this change is highlighted by the poor performance of Meta's newly launched AI video application, Vibes, which struggled against OpenAI's Sora [1][7][10] - Shah's primary mission is to bridge the gap between technology and application, ensuring that Meta's AI capabilities translate into user value [1][4][10] Leadership Changes - Vishal Shah, a veteran with a decade of experience at Meta, previously led Instagram and was instrumental in its growth to over one billion users [3][4] - Shah will report directly to Nat Friedman, who oversees the AI product team, and will focus on product management and integration strategy [3][4] - The restructuring reflects a shift in Meta's strategy, emphasizing the need to become an AI company rather than just having an AI team [10][12] Product Focus - Shah's role will involve integrating Meta's AI technologies into various applications and hardware, including smart glasses, which are crucial to Meta's "super intelligence" strategy [4][10] - The AI team will focus on flagship products like Meta AI, while application teams for Instagram and WhatsApp will create their own AI experiences based on foundational models [4][10] - The rushed launch of Vibes was a response to competition from OpenAI's Sora, leading to a partnership with Midjourney to enhance Vibes' capabilities [7][8] Strategic Shift - Meta's recent internal turmoil and the shift in focus from the metaverse to AI indicate a strategic pivot in response to market challenges and technological hurdles [12][13] - Despite the shift, Meta's CTO emphasized that the metaverse remains a strategic priority for the company [12][13] - The overarching goal is to develop an AI model that surpasses human intelligence, providing personalized services to billions of users [13]

Core Insights - The article discusses the potential for Meta Platforms to join the exclusive $3 trillion market cap club, highlighting its growth prospects and competitive advantages in the AI sector [4][10]. Company Overview - Meta Platforms has a current market cap of approximately $1.8 trillion, requiring a stock price increase of about 66% to reach $3 trillion [11]. - The company operates popular social media platforms including Facebook, Instagram, and WhatsApp, leveraging data from nearly 3.5 billion daily users to enhance its AI capabilities [6]. Financial Performance - In Q2, Meta reported revenue of $47.5 billion, a 22% increase year-over-year, with diluted earnings per share (EPS) of $7.14, reflecting a 38% rise [8]. - Wall Street estimates that Meta will generate revenue of $196 billion in 2025, leading to a forward price-to-sales (P/S) ratio of 9 [11]. Growth Projections - Meta's revenue growth is forecasted at nearly 15% annually over the next five years, potentially allowing it to surpass a $3 trillion market cap by 2029 [12]. - The company has achieved a remarkable 897% growth in trailing-12-month revenue over the past decade, indicating strong historical performance [13]. Competitive Advantages - Meta's use of AI has improved ad conversion rates, with a reported increase of 5% on Instagram and 3% on Facebook, contributing to higher advertising revenue [9]. - The company's content strategy has resulted in users spending 5% more time on Facebook and 6% more on Instagram, further enhancing its advertising potential [9].