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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.
Mark Zuckerberg is currently the third-richest person in the world and he keeps getting richer thanks to Meta's $20 billion ...
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 Platforms Inc. is taking advantage of its lucrative advertising business and stepping up spending next year, with ...
Meta Platforms Inc. (NASDAQ:META) has reportedly invested a staggering $250 million to secure the talents of 24-year-old AI ...
Both tech giants raised their capital spending on AI. Read more at straitstimes.com. Read more at straitstimes.com.
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Meta lets you share your chats with its AI bot to a public feed. Google can index that feed — and make your searchable and ...
Zuckerberg, who holds a 13% stake in Meta, surpassed Amazon chairman Bezos ($247.4 billion) to become the third-richest ...
Beyond Huang, another technological visionary who is worth paying close attention to is Mark Zuckerberg, the CEO of Meta ...
If the company’s core business continues growing at the current rate and its Superintelligence efforts gain traction, ...
Looking ahead to the third quarter, the analysts noted that guidance suggests higher AI investment spending, albeit supported ...
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