Meta (META) CEO says the Co. is increasing infrastructure Capex forecasts for this year, most of that due to higher component costs, particularly in memory pricing
Meta's revision of its infrastructure Capex forecasts signals increased operational costs largely driven by rising component prices, especially for memory.
US President Trump posts that the US is studying and reviewing the possible reduction of troops in Germany with a determination to be made over a short period of time
Newsquawk Daily Asia-Pac Opening News - 30th April 2026
Meta (META) CEO says the Co. is increasing infrastructure Capex forecasts for this year, most of that due to higher component costs, particularly in memory pricing
BCB cuts 25bps to 14.50%, as expected; decision was unanimous and it affirms serenity and caution in the conduct of monetary policy
A surveillance drone near the US embassy in Baghdad has been shot down, according to Iraqi security sources
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This escalation may pressure margins and could lead to reassessments of the company's near-term earnings outlook, impacting sentiment towards tech equities broadly.
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