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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 Platforms Inc. is taking advantage of its lucrative advertising business and stepping up spending next year, with ...
Meta Platforms and Microsoft are both showing that obscene spending on new businesses can work—as long as the older ones are ...
Meta Platforms forecast third-quarter revenue well above analysts' estimates on Wednesday, as artificial intelligence once ...
Meta CEO Mark Zuckerberg gave details about its new superintelligence strategy as the company pours billions into data ...
The company held its top capital-spending projections steady for the first time this year, an issue investors have watched ...
Mark Zuckerberg’s AI hiring spree is costing a lot of money. His investors don’t care. Meta’s stock price shot up over 10 ...
S&P 500 and Nasdaq futures climbed to record levels on Thursday, after blockbuster earnings from Meta and Microsoft signaled ...
Nvidia stock was heading for new highs early Thursday. Earnings from Microsoft and Meta Platforms reinforced expectations of ...
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