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Meta, Wall Street
Meta Blows Past Q4 Expectations With Record Revenue and Profit as Zuckerberg Touts Massive AI Investment
Meta reported record quarterly revenue and net profit for Q4 2024 as it looks to massively boost spending on AI in 2025.
Meta’s Q4 profits exceed Wall Street’s expectations
Meta's fourth quarter profits rose to $48.39 billion thanks to higher ad revenue on its social media properties.
Meta posts sharply higher Q4 profit, revenue, topping Wall Street's expectations
Meta Platforms Inc. posted sharply higher profit and revenue for its fourth quarter on Wednesday, thanks to higher ad revenue on its social media properties
Meta to pay $25M to Trump
Low sales threaten Meta’s AI investments amid $25m Trump settlement
Meta Platforms expects its sales in the first quarter of 2025 to be around $39.5 billion. The figures fall short of the $41.7 billion analyst projections. The
Meta to pay $25 million to settle Donald Trump lawsuit, Zuckerberg hails administration
The suit was brought after Facebook, among other social media platforms, suspended Trump's account following the Jan. 6 insurrection that attempted to overthrow the 2020 election.
Meta to Pay $25 Million to Settle Trump's 2021 Lawsuit Over Suspended Accounts
Discussions about the lawsuit, which had not gotten very far since the fall of 2023, started again after Meta CEO Mark Zuckerberg visited Trump's Florida Mar-a-Lago club for a din
Microsoft, Meta CEOs defend hefty AI spending
Microsoft, Meta CEOs defend hefty AI spending after DeepSeek stuns tech world
Satya Nadella, CEO of Microsoft, said the spending was needed to overcome the capacity constraints that hampered the tech giant's ability to capitalize on AI.
Microsoft, Meta Talk Up Their Big AI Ambitions and Spending Plans
The tech giants on Wednesday talked up their AI strategies and said they are sticking with ambitious investments in the technology despite the investor panic this week over the ri
Tech stocks mixed as Meta, Microsoft affirm big AI spending plans after DeepSeek turmoil
Key tech stocks were a mixed bag in early trading Thursday after executives at Meta and Microsoft said they plan to keep pouring billions of dollars into AI – despite lingering anxiety over the launch of China-based DeepSeek’s AI model.
7d
Meta to invest up to $65 billion this year to power AI goals, Zuckerberg says
"This will be a defining year for AI," Zuckerberg said in a Facebook post. "Over the coming years, it will drive our core ...
3d
Prediction: This Artificial Intelligence (AI) Stock Will Be Worth More Than Meta in 2025
Microsoft alone is projecting $80 billion of infrastructure spend for data centers in 2025; meanwhile, OpenAI, Oracle, and ...
AFP on MSN
2d
Meta posts big profit, plans massive AI investment
Social media giant Meta on Wednesday reported surging profits and revenue for 2024, announcing ambitious plans to expand its ...
8h
on MSN
Microsoft, Meta, Tesla & Apple: What this week’s tech earnings tell us about the AI boom
Microsoft, Meta, Tesla and Apple kicked off the tech earnings season this week, giving us snapshot of how spending on AI is shaping the tech sector. Here’s what we’ve learnt about the AI boom so far.
1d
Meta's AI Investments, Llama Expansion, Ad Tech Growth Earn Analyst Conviction
Meta Platforms (NASDAQ: META) stock rose as firms raised price targets & company reported strong Q4 sales. Analysts see ...
1d
Mark Zuckerberg downplays DeepSeek’s disruption, defends Meta’s massive AI investment
While DeepSeek has caused a significant sell-off in AI stocks due to fears that powerful AI models may no longer require ...
1d
on MSN
Mark Zuckerberg reveals thoughts on DeepSeek as Meta’s AI spending under scrutiny
Chinese startup DeepSeek’s launch of its latest AI models triggered a selloff in global tech stocks this week on concerns ...
1d
on MSN
Meta Platforms Revenue Tops Estimates
Meta Platforms posted robust earnings, surpassing expectations due to gains in AI-driven advertising, despite challenges with ...
The Manila Times on MSN
1d
Meta's profits soar 59pc as AI investment plans drive market optimism
Social media giant Meta yesterday reported surging profits and revenue for 2024, announcing ambitious plans to expand its ...
1d
on MSN
Broadcom Stock Gains. Why the AI Chip Maker Got a Boost From Meta.
Broadcom stock was getting a much-needed boost early Thursday. The company looks set to benefit from greater use of its chip ...
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