Meta Platforms Inc. found record-shattering demand for its bond sale on Thursday even as its shares plunged, in a sign that ...
AI may be booming, but not everyone is having a good time. Meta has recently let go hundreds of AI employees - here's the ...
Meta Platforms, Inc.'s has strong revenue growth and user base, but heavy AI and VR investments raise risks. Click to see if ...
Mark Zuckerberg pledged that Meta Platforms Inc. will spend even more aggressively on artificial intelligence in the year ...
Meta Platforms Inc. sold $30 billion of corporate bonds on Thursday, the biggest such offering of the year, after the company ...
Some Wall Street analysts are comparing Meta's AI-centric spending spree to its ill-fated foray into the metaverse, which ...
The company warned of accelerating capital expenditures around artificial intelligence, sending shares down 7% after hours.
On Wednesday, Alphabet and Microsoft also signaled higher AI investments. OpenAI CEO Sam Altman on Tuesday said he would ...
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Meta Platforms Stock Falls Despite Strong Growth-Here's Why
Alphabet (NASDAQ: GOOGL), and Microsoft (NASDAQ: MSFT) all reported earnings on Oct. 29. Based on after-hours trading, Meta ...
Meta Platforms is cutting roughly 600 artificial intelligence jobs even as it continues to hire more workers for its ...
For Q3, Meta is expected to report earnings per share of $6.72 on revenue of $49.6 billion, according to Bloomberg consensus ...
The Facebook and Instagram parent also said capital expenditure next year would be “notably larger” than in 2025.
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