Meta lifts capital expenditure forecast, doubling down on AI push

Meta Platforms is significantly increasing its capital expenditure forecast to between $125 billion and $145 billion by 2026, doubling down on AI infrastructure investments despite planned layoffs. The Facebook-parent’s user base continues to grow, with daily active people reaching 3.56 billion.

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EMS players rally after govt extends customs duty sops

Electronic manufacturing services players’ shares rose Thursday after duty concessions were extended. This relief covers machinery for lithium-ion battery and display component manufacturing. The government’s

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