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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.
The company just crushed Wall Street's earnings expectations, fueled by AI-driven efficiency gains in its thriving ad ...
If the company’s core business continues growing at the current rate and its Superintelligence efforts gain traction, ...
Meta's strong earnings report sent its stock soaring after hours. The company also made it clear that the AI talent wars come ...
Meta and Microsoft have been investing heavily in AI infrastructure in recent years, and are set to still shell out billions ...
The company held its top capital-spending projections steady for the first time this year, an issue investors have watched ...
Meta's chief AI scientist, Yann LeCun, disagreed with Elon Musk's latest take on the difference between engineers and ...
Meta has begun piloting the use of mass timber in the construction of its data center campuses. The tech giant began the ...
Meta is pouring money into the physical and technical infrastructure needed to scale its AI ambitions. The company said ...
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