News
Meta's stock jumps into record territory, as earnings blow past expectations
Meta posted a second-quarter profit that beat expectations by a wide margin, and revenue that topped forecasts for a 12th-straight quarter, as active users, ad impressions and ad prices all rose. The company also provided a revenue outlook for the current quarter that was better than forecast.
Looking ahead to the third quarter, the analysts noted that guidance suggests higher AI investment spending, albeit supported ...
Beyond Huang, another technological visionary who is worth paying close attention to is Mark Zuckerberg, the CEO of Meta ...
That could bring Meta’s total expenses to around $150 billion in 2026—nearly triple what the company spent just five years ...
Meta Platforms is pressing ahead with efforts to bring in outside partners to help fund the massive infrastructure needed to ...
Meta Platforms Inc. is taking advantage of its lucrative advertising business and stepping up spending next year, with ...
The company held its top capital-spending projections steady for the first time this year, an issue investors have watched ...
Meta Platforms forecast third-quarter revenue well above analysts' estimates on Wednesday, as artificial intelligence once ...
Meta is pouring money into the physical and technical infrastructure needed to scale its AI ambitions. The company said ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback