Meta, Microsoft shares plunge as investors fear AI spending is overhyped

Bill Gates recently stirred the climate change debate by asserting that it shouldn't be viewed as an apocalypse. His comments challenge alarmist narratives and encourage a more balanced discussion on climate and energy policy. This perspective is significant as it may influence public opinion and policy-making, promoting a more constructive approach to addressing climate issues.

Meta is facing a significant $16 billion hit to its earnings due to Trump's new legislation, which raises concerns about the company's financial health. This news is crucial as it highlights the potential impact of political decisions on major corporations and signals that Meta's capital expenditures are expected to increase substantially next year, indicating a shift in their financial strategy amidst rising AI costs.

Meta has reported its financial results for the third quarter of 2025, showcasing a record quarterly revenue of $51.24 billion. However, a significant tax bill has impacted its earnings per share, leading to mixed reactions. This comes at a time when Meta is concluding a substantial hiring spree aimed at bolstering its artificial intelligence capabilities. The results highlight the ongoing challenges tech companies face in balancing growth with financial obligations, making it a crucial moment for Meta as it navigates its future in the competitive AI landscape.

Bill Gates has recently softened his previous alarmist views on climate change, suggesting that it won't lead to global catastrophe or human extinction. This shift has sparked significant criticism on social media, as many feel it undermines the urgency of addressing climate issues. Gates' comments matter because they influence public perception and policy discussions around climate action, potentially affecting how society responds to one of the most pressing challenges of our time.

OpenAI has successfully restructured itself, transforming its for-profit division into a public benefit corporation while granting its nonprofit a controlling stake. This significant change reflects OpenAI's commitment to its mission and ethical considerations in AI development. Additionally, the company has solidified its partnership with Microsoft, which now owns a 27 percent stake, ensuring continued investment and collaboration in advancing AI technologies.

A new book reveals that Mark Zuckerberg met with Attorney General Pam Bondi to seek advice on how to communicate effectively with President Trump regarding Meta's legal challenges. This meeting highlights the intersection of technology and politics, showcasing how major tech leaders navigate complex relationships with government officials, especially during times of legal scrutiny.

Bill Gates is advocating for a shift in the global approach to climate change, suggesting that efforts should focus more on improving lives by tackling disease and poverty rather than solely limiting temperature rises. This call for a 'strategic pivot' comes after the UN reported that humanity has missed the crucial 1.5C climate target. Gates' perspective highlights the interconnectedness of climate action and social issues, emphasizing that addressing these challenges can lead to a more sustainable future.

Microsoft's new deal with OpenAI, valuing the AI company at an impressive $500 billion, marks a significant milestone in the tech industry. With Microsoft retaining a 27% stake worth around $135 billion, this partnership not only strengthens their commitment to AI development but also highlights the growing importance of artificial intelligence in various sectors. This collaboration could lead to groundbreaking advancements and innovations, making it a pivotal moment for both companies and the future of technology.

The sudden passing of the influencer known as 'Coco Trucker Girl' has left a significant impact on the trucking community and her followers. She was a passionate advocate for gender equality in an industry often dominated by men, using her platform to share her experiences and inspire others. Her candid content not only highlighted the challenges faced by women in trucking but also celebrated their contributions. This loss is felt deeply, as she was a beacon of hope and change for many aspiring female truck drivers.

Greg Bovino, the Border Patrol Chief, is gaining attention for his proactive approach in targeting illegal immigrants with criminal records in Chicago. His leadership comes at a crucial time for the Department of Homeland Security, which is undergoing significant changes. Bovino's commitment to public safety and his determination to tackle crime head-on are resonating with many, making him a notable figure in the ongoing immigration debate.

JK Rowling has sparked outrage after Glamour UK named a group of trans individuals as 'Women of the Year.' Rowling criticized this decision, arguing that it undermines the identity of biological women. This controversy highlights ongoing tensions in the discussion about gender identity and women's rights, raising important questions about representation and inclusivity in media.

Linda Marie Hennen, the mother of the alleged ringleader of a significant NBA gambling scheme, expressed surprise when informed in federal court that she would need to post a $250,000 bail to keep her son out of jail. This case highlights the serious legal implications surrounding sports betting and the lengths to which families may go to support their loved ones during legal troubles.

Draymond Green has expressed skepticism about the New York Knicks' chances as serious contenders in the NBA. His comments highlight a broader conversation about the team's potential and the challenges they face in a competitive league. This matters because it reflects the doubts of seasoned players regarding the Knicks' ability to compete at the highest level, which could impact fan support and team morale.

Albert Pujols recently had a lengthy second interview with the San Diego Padres, which many see as a promising sign for his potential hiring. This development is significant as it highlights Pujols' continued relevance in the baseball world and the Padres' interest in bringing experienced talent to their team.