Texas Instruments falls after the chip maker’s first-quarter earnings forecast misses estimates, Boeing declines after revealing it expects to post a wider fourth-quarter loss because of strikes at the aerospace giant,

Meta Platforms plans to spend between $60 billion and $65 billion this year to build out AI infrastructure, CEO Mark Zuckerberg said on Friday, joining a wave of Big Tech firms unveiling hefty investments to capitalize on the technology.

In response to the wildfires in California, Verizon executives said the company’s crisis response team has bene working with federal, state and local public safety agencies and that the Verizon network is “holding up strong.”

Verizon ( VZ 1.14%) stock is climbing Friday following the company's fourth-quarter earnings release. The telecom company's share price was up 1.3% as of 12:15 p.m. ET and had been up as much as 3.9% earlier in the daily session.

The carrier giant launched AI Connect during Verizon’s Q4 2024 earnings call. The carrier’s top executives also highlighted its fixed wireless, private networking and 5G wins in 2024.

Verizon Business has unveiled Verizon AI Connect, offering a suite of solutions to scale artificial intelligence operations. This initiative aims to meet the rising demand for real-time AI tasks.

Verizon introduces an expanded AI strategy built for hyperscalers, cloud providers and global enterprises. Verizon AI

Verizon Business revealed a suite of products designed to help enterprises, cloud providers and hyperscalers deploy AI workloads at scale.

S&P 500 steady as Meta rises on AI goals and Boeing warns of losses. Mixed economic data keeps traders cautious ahead of the Federal Reserve meeting.