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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 ...
16mon MSN
In a world racing toward AI autonomy, 24-year-old Matt Deitke has become a symbol of the field’s new era. From walking away ...
That could bring Meta’s total expenses to around $150 billion in 2026—nearly triple what the company spent just five years ...
Mark Zuckerberg is currently the third-richest person in the world and he keeps getting richer thanks to Meta's $20 billion ...
Meta Platforms Inc. (NASDAQ:META) has reportedly invested a staggering $250 million to secure the talents of 24-year-old AI ...
Meta Platforms is pressing ahead with efforts to bring in outside partners to help fund the massive infrastructure needed to ...
Beyond Huang, another technological visionary who is worth paying close attention to is Mark Zuckerberg, the CEO of Meta ...
Both tech giants raised their capital spending on AI. Read more at straitstimes.com. Read more at straitstimes.com.
Meta is pouring money into the physical and technical infrastructure needed to scale its AI ambitions. The company said ...
1don MSN
Meta lets you share your chats with its AI bot to a public feed. Google can index that feed — and make your searchable and ...
Zuckerberg, who holds a 13% stake in Meta, surpassed Amazon chairman Bezos ($247.4 billion) to become the third-richest ...
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