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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.
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 ...
Meta Platforms CEO Mark Zuckerberg expects to deliver “personal superintelligence for everyone” but his ambitious bets on AI ...
Meta Platforms forecast third-quarter revenue well above analysts' estimates on Wednesday, as artificial intelligence once ...
Meta Platforms Inc. is taking advantage of its lucrative advertising business and stepping up spending next year, with ...
Meta’s heavy AI spending is boosting ad revenue — and the company is only getting more profitable in the process.
Meta is pouring money into the physical and technical infrastructure needed to scale its AI ambitions. The company said ...
The Facebook, Instagram and WhatsApp-owner is pumping billions of dollars into artificial intelligence projects.
If Meta investors had concerns about the company’s huge spending on artificial intelligence infrastructure and talent, ...
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