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Meta raised its capital-expenditure forecast, but it’s also posting strong enough revenue growth to support that spending.
Shares in artificial intelligence and cloud-computing-related companies were rising sharply in late trade on Wednesday after ...
Meta said it plans to raise its capital spending this year to $64 billion to $72 billion to speed up AI capacity.
The results come as Meta faces a high-stakes trial in Washington, in which the Federal Trade Commission is seeking to ...
The trends are impressive. In 2024, Meta's annual revenue surged 22%, and record earnings per share (EPS) of $23.86 marked a ...
Meta's earnings call is today at 5 pm ET. META stock heads into the report down 7% YTD. Analysts are focused on AI spending ...
Microsoft CEO Satya Nadella says he is “very optimistic” that technology has sufficiently advanced to support more complex, ...
Instagram and Facebook parent Meta Platforms Inc. posted better-than-expected results Wednesday for the first quarter thanks ...
Meta Platforms on Tuesday announced an application programming interface in a bid to woo businesses to more easily build AI ...
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