Meta’s ad machine still looks strong, but heavy spending on AI and data centers is squeezing the cash the business actually throws off. The key question is whether that spending soon turns into better ads and new products—or stays a long, costly bet that keeps returns to shareholders under pressure.Read more

SPX Technologies sits in a sweet spot of the fast-changing data-center world, as liquid cooling shifts spending from big chillers toward simpler outdoor heat-removal equipment. But a closer look shows parts of the business are slowing, recent deal-making adds complexity, and the stock price already assumes a lot goes right.Read more

Vertiv builds the power and cooling systems that keep the world’s biggest data centers running, and its push into liquid cooling puts it in the middle of the AI buildout. The big question is whether data center projects keep moving on schedule—or get slowed by grid constraints and rising competition.Read more

Citigroup is trying to streamline how it runs the bank and lean harder on automation, betting that a simpler setup can cut costs and lift results over time. A big plan to buy back shares and a push into wealth management could help, but the payoff depends on the economy holding up and the company keeping a lid on overhaul costs and regulatory surprises.Read more

Alphabet looks like one of the strongest “everyday habit” businesses on earth, but the market is already treating its future like a sure thing. This take argues the real story is the huge spending push into artificial intelligence—whether it strengthens Google’s money engine or quietly weakens it, and what a patient buyer should watch for before jumping in.Read more