Meta Earnings Top Estimates Amid Big Growth in AI Spending
Meta Platforms reported fourth-quarter earnings that topped analysts' estimates as revenue grew more than 20% year-over-year.
Meta Platforms Revenue Tops Estimates
Meta Platforms posted robust earnings, surpassing expectations due to gains in AI-driven advertising, despite challenges with Reality Labs.
Meta warns first-quarter revenue will miss Wall St expectations
Meta Platforms fourth-quarter revenue beat Wall Street expectations on Wednesday but the company predicted sales in the current first quarter may not meet forecasts, sending mixed signals about how bets on pricey artificial intelligence-powered tools are paying off.
Meta Earnings Crushed Estimates. The Stock Isn’t Crushing It.
Meta said earnings per share were up annually by 50% to $8.02, versus Wall Street’s consensus estimate of $6.76.
Meta Platforms Beats Fourth-Quarter Estimates, Issues Soft Revenue Outlook
Meta Platforms' (META) first-quarter revenue outlook fell short of market estimates at the midpoint, but shares of the technology giant rose early Thursday as it recorded better-than-expected results in the preceding three-month period.
Meta forecasts first quarter revenue below estimates
Meta Platforms forecast first-quarter revenue below Wall Street estimates on Wednesday, signaling its bets on pricey artificial intelligence-powered tools were struggling to attract additional digital ad dollars to its social media platforms.
Meta Projects Weak Sales Forecast
Meta Platforms Inc. is projecting worse-than-expected sales in the current quarter, risking doubt that it can grow its digital advertising business quickly enough to support significant planned investments in artificial intelligence and other futuristic products.
Meta’s (NASDAQ:META) Q4 Sales Top Estimates But Quarterly Revenue Guidance Significantly Misses Expectations
Social network operator Meta Platforms (NASDAQ:META) in Q4 CY2024, with sales up 20.6% year on year to $48.39 billion. On the other hand, next quarter’s revenue guidance of $40.65 billion was less impressive,
Meta Platforms, Inc. (META): Billion-Dollar AI Expansion for User Tools
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Meta Platforms Sales Soar to Record, Bolstering Zuckerberg’s AI Spending Spree
Revenue grows to $48.4 billion, helping fuel the chief executive’s bets on augmented reality and artificial intelligence.
Prediction: This Artificial Intelligence (AI) Stock Will Be Worth More Than Meta in 2025
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Meta to invest up to $65 billion this year to power AI goals, Zuckerberg says
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Meta Stock Rallies on AI Ambitions: Is the $60B Bet Worth the Hype?
Meta is now spending tens of billions on AI, and there is a war going on between the Big Caps on who can pour the most money into AI. DeepSeek also didn’t hurt Meta as much, and the recent full-year ...
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Meta’s Cranking up the AI Spend—Will the Efforts Pay Off?
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Meta Platforms: Strong Performance and AI Investments Drive Positive Outlook for Tech Investors
Maria Ripps, an analyst from Canaccord Genuity, maintained the Buy rating on Meta Platforms (META – Research Report). The associated price ...
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Meta AI’s memory powers smarter recommendations
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Meta will keep investing millions in AI after DeepSeek's arrival
Meta CEO Mark Zuckerberg says the company will stick to its plan to invest billions in AI despite the impact of DeepSeek.
Chinese state-linked accounts hyped DeepSeek AI launch ahead of US stock rout, Graphika says
Chinese state-linked social media accounts amplified narratives celebrating the launch of Chinese startup DeepSeek's AI ...
Meta Gains After Zuckerberg Predicts ‘Really Big Year’ in AI
Meta Platforms Inc. Chief Executive Officer Mark Zuckerberg exuded confidence in his company’s artificial intelligence ...