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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.
Meta's closest competitor in digital advertising is Alphabet, which, as the parent of Google Search, is the biggest digital ...
Anthropics CEO, Dario Amodei, has criticised Metas aggressive attempts to poach AI talent, stating that his company will not ...
The company held its top capital-spending projections steady for the first time this year, an issue investors have watched ...
Meta Platforms Inc. (NASDAQ:META) has reportedly invested a staggering $250 million to secure the talents of 24-year-old AI ...
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Meta lets you share your chats with its AI bot to a public feed. Google can index that feed — and make your searchable and ...
Zuckerberg, who holds a 13% stake in Meta, surpassed Amazon chairman Bezos ($247.4 billion) to become the third-richest ...
If the company’s core business continues growing at the current rate and its Superintelligence efforts gain traction, ...
Meta is pouring money into the physical and technical infrastructure needed to scale its AI ambitions. The company said ...
Meta Platforms is pressing ahead with efforts to bring in outside partners to help fund the massive infrastructure needed to ...
Looking ahead to the third quarter, the analysts noted that guidance suggests higher AI investment spending, albeit supported ...
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