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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 ...
That could bring Meta’s total expenses to around $150 billion in 2026—nearly triple what the company spent just five years ...
Meta Platforms Inc. (NASDAQ:META) has reportedly invested a staggering $250 million to secure the talents of 24-year-old AI ...
Beyond Huang, another technological visionary who is worth paying close attention to is Mark Zuckerberg, the CEO of Meta ...
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Meta lets you share your chats with its AI bot to a public feed. Google can index that feed — and make your searchable and ...
A San Francisco federal court jury on Friday found Meta Platforms Inc. violated the California Invasion of Privacy Act in a ...
The company held its top capital-spending projections steady for the first time this year, an issue investors have watched ...
The Meta CEO is signaling a major strategic shift in the company's approach to generative AI.
If the company’s core business continues growing at the current rate and its Superintelligence efforts gain traction, ...
Meta Platforms forecast third-quarter revenue well above analysts' estimates on Wednesday, as artificial intelligence once ...
Meta CEO Mark Zuckerberg saw his fortune surge to an all-time high following blockbuster second-quarter earnings on Wednesday ...
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