Meta shares tumble 10% as Mark Zuckerberg’s AI spending spree stuns Wall Street

Meta Platforms reported a precipitous 91% drop in second-quarter free cash flow on Wednesday, underscoring the financial strain of the social media giant’s costly AI buildout despite an uncertain payoff. The Facebook parent company reported free cash flow of $784 million in the second quarter ended June 30, down from $8.55 billion…

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Nordstrom Rack to add 24 new stores to the map by August

The retail renaissance is here. Shoppers may have seemingly sworn off brick-and-mortar as scrolling has made scooping up your favorites as easy as sitting on your couch. Major retailers all have apps and online storefronts offering super easy access with…

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Jets add wideout Tim Patrick in veteran depth move

The Jets added a veteran to their wide receiver corps on Wednesday. The team agreed to a deal with Tim Patrick, a source confirmed. Patrick, 32, has history with Jets general manager Darren Mougey from his time with Broncos (2018-23) and…

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Massive impact cellphones are having on kids revealed: study

Giving your grade-schooler a cellphone could be hurting their ability to read—even if the device never leaves the house, according to a new study. Researchers found elementary school children who owned their own phones consistently scored worse on reading comprehension tests than classmates without…