The parent company of Facebook, Instagram, and WhatsApp saw its net income soar 59 percent to $62.36 billion for the full ...
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 exceeded Wall Street's expectations with its fourth-quarter revenue, reporting USD 48.4 billion compared to the forecasted USD 47 billion. However, its guidance for the first quarter of 2025, ...
Mark Zuckerberg said that 2025 will be a “pivotal year for the metaverse” as Meta's Reality Labs' losses reach $60 billion ...
Pivotal Research analyst Jeffrey Wlodarczak has reiterated their bullish stance on META stock, giving a Buy rating on January 28.Invest with ...
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 ...
Meta's Reality Labs division has lost the company more than $60 billion since 2020 as investors and analysts question whether ...
Meta Platforms Inc. Chief Executive Officer Mark Zuckerberg defended the company’s ambitious spending plans, predicting a ...
Meta Platforms, the owner of Facebook, Instagram and WhatsApp, on Wednesday reported 21% higher fourth-quarter revenue of $48 billion, slightly faster growth than the previous quarter. But the company ...
Revenues: $48.4 billion, up 21% year-over-year. Meta’s Q4 sales from Zack’s Investment Research estimated revenues of $47 ...
Meta’s Reality Labs unit recorded an operating loss of $4.97 billion while generating $1.1 billion in sales during the fourth ...