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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.
Meta's closest competitor in digital advertising is Alphabet, which, as the parent of Google Search, is the biggest digital ...
Meta CEO Mark Zuckerberg is making some very grandiose statements amid his ludicrously expensive quest to build artificial ...
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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 ...
Meta Platforms Inc. (NASDAQ:META) has reportedly invested a staggering $250 million to secure the talents of 24-year-old AI ...
Meta Platforms is pressing ahead with efforts to bring in outside partners to help fund the massive infrastructure needed to ...
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 ...
The parent company of Facebook and Instagram continues to exceed expectations for ad sales. Analysts are less sure about its ...
Meta Platforms forecast third-quarter revenue well above analysts' estimates on Wednesday, as artificial intelligence once ...
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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