Meta Platforms Inc. posted sharply higher profit and revenue for its fourth quarter on Wednesday, thanks to higher ad revenue on its social media properties.
Meta reports earnings Wednesday afternoon. Investors will be focused on the implications of DeepSeek’s success — and on the less flashy topic of currency pressures.
Meta Platforms (NASDAQ:META) is gearing up for its latest quarterly readout with the social media giant slated to release Q4 earnings today
In a meeting with Meta employees on Thursday, Mr. Zuckerberg also doubled down on recent changes to the company’s online speech policies and ending its diversity initiatives.
Meta (META) stock climbed by around 4% in after-hours trading after chief executive Mark Zuckerberg said on the company’s earnings call that itplans to invest “hundreds of billions of dollars” in artificial intelligence infrastructure in the longterm.
CEO Mark Zuckerberg addressed the pressing issues of massive AI (artificial intelligence) expenditure and DeepSeek’s AI
Tesla’s fourth-quarter adjusted earnings miss analysts’ estimates but the stock rises on optimism over the electric-vehicle maker’s growth projections, Microsoft’s Azure growth misses estimates, and Meta’s fourth-quarter profit handily tops forecasts.
Mark Zuckerberg said Meta underestimated TikTok's rise and dismissed it for not thinking it was truly social.
Meta CEO Mark Zuckerberg teased a "return to OG Facebook" as part of his key goals for 2025 in Wednesday's Q4 earnings call with investors. While the
Welcome to Tech In Depth, our revamped daily newsletter with reporting and analysis about the business of tech from Bloomberg’s journalists around the world. Today, Kurt Wagner writes that the emergence of an AI model developed at a lower cost by a Chinese startup might prove beneficial to Meta Platforms Inc.
The critical success factors for Meta include robust advertising revenue from its apps, ongoing development strategies for the metaverse, and innovation in artificial intelligence. These elements are pivotal for sustaining its competitive edge and fuelling its overall growth objectives.