It's no secret: I think Rivian's (RIVN 2.84%) upcoming R2 launch could be a game changer for the EV stock. The R2 will be Rivian's first vehicle priced under $50,000. Customer deliveries are expected to start this April. Why is the R2 such a big deal for Rivian? For starters, a big majority of people...

Meta, the parent company of Facebook, is reportedly preparing to lay off thousands of workers as it prioritizes its investments into artificial intelligence, according to a new report. Reuters reported that Meta was gearing up to cut approximately 20 percent of its workforce, which would account for roughly 16,000 workers. If true, the layoffs would...

Gartner forecasts that global information technology (IT) spending will hit $6.15 trillion this year, up 10.8% over 2025 levels. Many of the top tech companies in the world have announced massive increases in their capital expenditure (capex) for 2026 to pay for data center infrastructure. Amazon announced it planned to spend $200 billion in 2026,...