Todd Spangler / Variety: Meta says it expects its capex for FY2025 to be $64B to $72B, an increase from its prior expectation of $60B to $65B  —  Social-media giant Meta isn’t forecasting a slowdown in business at this point, handily topping Wall Street expectations for the first quarter and issuing Q2 guidance within analyst forecasts. Lees verder op Tech Meme

Ian King / Bloomberg: Qualcomm reports Q2 revenue up 17% YoY to $11B, vs. $10.6B est., handsets revenue up 12%, forecasts Q3 revenue slightly below est.; QCOM drops 5%+ after hours  —  Revenue in the period ending in June will be $9.9 billion to $10.7 billion, the company said Wednesday in a statement. Lees verder op Tech Meme

Helene Braun / CoinDesk: Robinhood reports Q1 revenue up 50% YoY to $927M, vs. $920.1M est., crypto transaction revenue up 100% to $252M, increases share buyback authorization by $500M  —  The trading platform’s results could give an indication for Coinbase’s earnings on May 8.  —  What to know: Lees verder op Tech Meme

Mary Ann Azevedo / TechCrunch: Nuvo, a B2B startup that scales trade partnerships by streamlining credit approvals and more, raised a $34M Series A from Sequoia Capital and Spark Capital  —  Nuvo, a company that has built a social-like platform to facilitate easier purchasing of physical goods between businesses … Lees verder op Tech Meme

Lucas Ropek / Gizmodo: Marc Andreessen says VC may be one of the last fields safe from AI after it replaces most workers, as it requires “intangible” skills like psychological insight  —  In the future, AI will apparently be able to do everybody’s job—except Marc’s.  —  Egg-headed venture capitalist … Lees verder op Tech Meme

Reuters: Microsoft’s Q3 capex rose 52.9% YoY to $21.4B, vs. $22.4B est.; Microsoft reiterated this month that it would spend $80B on its data center build-out this year  —  Microsoft (MSFT.O) topped quarterly revenue expectations on Wednesday on strong Azure cloud-computing growth … Lees verder op Tech Meme

Sriparna Roy / Reuters: Amazon says it will spend $4B+ to expand its US rural delivery network by the end of 2026, growing the network to 200+ delivery stations and creating 100K jobs  —  Amazon (AMZN.O) said on Wednesday it is investing over $4 billion by the end of 2026 to expand its delivery network … Lees verder op Tech Meme

Liz Napolitano / Decrypt: Galaxy Digital plans to list on the Nasdaq Global Select Market on May 16; it will still have shares listed on the Toronto Stock Exchange for some time  —  The listing, which will tentatively go live on May 16, could increase Galaxy Digital’s access to capital from U.S. investors.  —  In brief Lees verder op Tech Meme