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Meta jumps on big revenue forecast beat, small capex raise
Meta Platforms forecast third-quarter revenue well ahead of Wall Street expectations, and raised the lower end of its capital ...
Meta narrows annual capital expenditures outlook for 'superintelligence' push
Meta Platforms narrowed its annual capital expenditures forecast on Wednesday, driven by the social media giant's high-stakes ...
Meta Shares Soar as Ad Business Continues to Fuel AI Ambitions
Meta Platforms posted 22% revenue growth in the second quarter, showing its core ad business remains strong at a time when the company is investing billions of dollars into artificial intelligence.For ...
Meta stock surges after Q2 results blow past expectations despite heavy AI spending
In the midst of an artificial intelligence spending spree, Meta posted stronger-than-expected results for the second quarter, ...
The Business Times58m
Meta beats expectations sending share price soaring
SAN FRANCISCO] Meta reported robust second-quarter financial results on Wednesday, with revenue jumping 22 per cent year-over-year to US$47.5 billion as the social media giant continues investing ...