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Meta Platforms shares surged nearly 12% premarket after Q2 earnings and revenue topped Wall Street forecasts, fueled by ...
However, Meta has continued to grow its server estate. Its stated capital expenditure was $17bn, driven by investments in servers, datacentres and network infrastructure. Li reported that Meta has ...
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 ...
We view Meta as the clear leader in social media. The firm’s application lineup, which includes Facebook, Instagram, WhatsApp, and Messenger, has close to 4 billion monthly active users, giving Meta ...
Meta is now firmly focused on artificial intelligence, but its core business is still booming.
During its annual Q2 earnings call, Meta CEO Mark Zuckerberg doubled down on AI, chasing superintelligence for everyone.
Meta's stock, meanwhile, has surged 9.1% in after-hours trading on a bumper earnings beat. Revenue increased 22% year-on-year ...
The full year 2025 total expenses outlook was updated "to be in the range of $114 billion to $118 billion, narrowed from our prior outlook of $113 billion to $118 billion," with Li adding, "we expect ...
For the quarter, analysts expect Meta to report earnings per share (EPS) of $5.89 on revenue of $44.83 billion, according to ...
Nightfall AI launches Nyx, the first autonomous data loss prevention platform using AI to cut false alerts by 90% and protect enterprise data from insider threats and ChatGPT leaks.
A fter spending billions of dollars to recruit top AI talent from rival AI companies, Meta CEO Mark Zuckerberg has shared his ...