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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.
Nvidia stock was heading for new highs early Thursday. Earnings from Microsoft and Meta Platforms reinforced expectations of ...
As Meta Platforms shifts focus and rides a bullish trend, investors should formulate a strategy for all likely outcomes. 24/7 ...
Meta’s heavy AI spending is boosting ad revenue — and the company is only getting more profitable in the process.
Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies ...
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 forecast third-quarter revenue well above analysts' estimates on Wednesday, as artificial intelligence once ...
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Meta Platforms Just Hired One of ChatGPT’s Co-Creators. Is META Stock a Buy Here as Zuckerberg Doubles Down on AI?
Mark Zuckerberg-led Meta Platforms (META) has appointed former OpenAI researcher Shengjia Zhao as the chief scientist of its ...
If Meta investors had concerns about the company’s huge spending on artificial intelligence infrastructure and talent, they’re likely to be assuaged by its blockbuster earnings report on Wednesday.
Meta is pouring money into the physical and technical infrastructure needed to scale its AI ambitions. The company said ...
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