Meta's AI agent vision fails to impress investors, shares tumble 11%

Meta reported quarterly earnings that missed analyst expectations, with EPS of $6.18 vs $7.22 forecast. Revenue guidance for the current quarter also fell short. Despite CEO Mark Zuckerberg's promises of AI agents for everything, investors were disappointed, sending shares down 11%.

Meta Anthropic OpenAI

Samsung predicts memory chip shortage to last until 2028

Samsung Electronics stated during its quarterly financial report that the memory chip shortage will worsen and persist until 2028. The company signed long-term supply agreements with five major data center companies and is close to a deal with five more, securing 60-70% of its capacity for at least five years.

Samsung