CEO Mark Zuckerberg has accelerated Meta’s AI ambitions and plans to increase spending on the technology to as much as $65bn ...
Meta Platforms beats fourth-quarter estimates for both top and bottom lines but forecasts higher expenses this year than the ...
Meta Platforms posted robust earnings, surpassing expectations due to gains in AI-driven advertising, despite challenges with Reality Labs.
Meta witnessed a 49% year-on-year growth in profit in Q4 2024; ad revenue grew 21% despite changes easing content moderation.
Infrastructure and compensation will be some of the biggest expense drivers for 2025 at Meta, according to its 2024 financial ...
Bank of America Securities analyst Justin Post reiterated a Buy rating on Meta Platforms (META – Research Report) today and set a price target ...
Maria Ripps, an analyst from Canaccord Genuity, maintained the Buy rating on Meta Platforms (META – Research Report). The associated price ...
The tech giants vow to barrel ahead despite the jolt from China’s DeepSeek.
Meta was able to keep 48 cents of every dollar of revenue in operating profit in the fourth quarter. The tax rate is falling.
Meta concluded FY24 with $164.5 billion in revenue—a 22% annual growth, and a net profit of $62.4 billion—a 59% increase from ...
While the firm’s investments in AI stand to increase its capital expenditure considerably over the next few years, the firm’s advertising business remains a cash-generating machine, churning out tens ...
Meta’s CEO says its consumer AI offering “is going to be one of the most transformative products that we’ve made.” ...