Despite this robust Q3 beat and upbeat Q4 outlook, the company’s rising AI capex/opex has tempered near-term margin view.
Stocks finished higher Friday as Amazon's strong quarterly results boosted the Nasdaq, with major indexes ending the week and ...
Don't click that "buy" button just yet! Meta Platforms (META) might look appetizing to some dip buyers after Wednesday's earnings massacre, but even a quick glance at the daily chart tells us that the ...
Meta has signed two Power Purchase Agreements (PPA) with US-based independent power producer Treaty Oak Clean Energy in ...
A massive one-time tax charge, triggered by Trump's One Big Beautiful Bill Act, turned profits down to $2.71 billion and earnings per share down to $1.05.
Investors are counting on a big payoff from Meta's massive AI spending. For Meta investors, revenue growth is no longer the main thing to watch. Sure, in the meantime, the company is firing on all ...
Some Wall Street analysts are comparing Meta's AI-centric spending spree to its ill-fated foray into the metaverse, which ...
While Reddit had plenty to crow about on the ad front, it was less sanguine about gen AI search, which CEO Steve Huffman said ...
If Roku’s third quarter earnings call could be distilled into a single phrase, it would be “early days.” (With “bullish” as a ...
The spike in employee compensation costs was primarily driven by “technical” hires, particularly AI talent, CFO Susan Li said ...
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