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Meta earnings beat by a wide margin, and the stock is surging
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.
Meta CEO Mark Zuckerberg gave details about its new superintelligence strategy as the company pours billions into data ...
Meta is pouring money into the physical and technical infrastructure needed to scale its AI ambitions. The company said ...
Meta’s heavy AI spending is boosting ad revenue — and the company is only getting more profitable in the process.
Meta Platforms forecast third-quarter revenue well above analysts' estimates on Wednesday, as artificial intelligence once ...
Meta is shifting how it plans to ensure widespread access to superintelligence, a suggestion that the company’s most advanced ...
Meta CEO Mark Zuckerberg told investors that his new research lab will focus on building AI models that can learn with ...
The Silicon Valley giant, which has been on a spending spree to hire A.I. researchers, also posted a 36 percent quarterly ...
Meta Platforms CEO Mark Zuckerberg expects to deliver “personal superintelligence for everyone” but his ambitious bets on AI ...
Mark Zuckerberg’s AI hiring spree is costing a lot of money. His investors don’t care. Meta’s stock price shot up over 10 ...
The company held its top capital-spending projections steady for the first time this year, an issue investors have watched ...
If Meta investors had concerns about the company’s huge spending on artificial intelligence infrastructure and talent, ...
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