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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.
Meta is pouring money into the physical and technical infrastructure needed to scale its AI ambitions. The company said ...
The Facebook, Instagram and WhatsApp-owner is pumping billions of dollars into artificial intelligence projects.
If the company’s core business continues growing at the current rate and its Superintelligence efforts gain traction, ...
Meta founder Mark Zuckerberg overtook Amazon’s Jeff Bezos to become the world’s third-wealthiest person Thursday, as Meta’s ...
The company held its top capital-spending projections steady for the first time this year, an issue investors have watched ...
Smart glasses are an ideal form factor for AI assistance. They give AI access to everything you hear and see from your POV, ...
Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies ...
Meta told employees that it is going to allow some coding job candidates to use an AI assistant during the interview process, ...
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