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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.
That could bring Meta’s total expenses to around $150 billion in 2026—nearly triple what the company spent just five years ...
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Meta's strong earnings report sent its stock soaring after hours. The company also made it clear that the AI talent wars come ...
Meta Platforms forecast third-quarter revenue well above analysts' estimates on Wednesday, as artificial intelligence once ...
If the company’s core business continues growing at the current rate and its Superintelligence efforts gain traction, ...
Smart glasses are an ideal form factor for AI assistance. They give AI access to everything you hear and see from your POV, ...
Meta is pouring money into the physical and technical infrastructure needed to scale its AI ambitions. The company said ...
The company held its top capital-spending projections steady for the first time this year, an issue investors have watched ...
Meta told employees that it is going to allow some coding job candidates to use an AI assistant during the interview process, ...
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 ...
The Facebook, Instagram and WhatsApp-owner is pumping billions of dollars into artificial intelligence projects.
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