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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.
Meta CEO Mark Zuckerberg saw his fortune surge to an all-time high following blockbuster second-quarter earnings on Wednesday ...
Looking ahead to the third quarter, the analysts noted that guidance suggests higher AI investment spending, albeit supported ...
Beyond Huang, another technological visionary who is worth paying close attention to is Mark Zuckerberg, the CEO of Meta ...
Meta Platforms is pressing ahead with efforts to bring in outside partners to help fund the massive infrastructure needed to ...
That could bring Meta’s total expenses to around $150 billion in 2026—nearly triple what the company spent just five years ...
Meta is shifting how it plans to ensure widespread access to superintelligence, a suggestion that the company’s most advanced ...
Meta Platforms forecast third-quarter revenue well above analysts' estimates on Wednesday, as artificial intelligence once ...
The company held its top capital-spending projections steady for the first time this year, an issue investors have watched ...
Meta Platforms Inc. is taking advantage of its lucrative advertising business and stepping up spending next year, with ...
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