Meta Platforms’ revenues of $40.6 billion in Q3 reflected a 19% y-o-y rise, driven by a 7% rise in ad impressions and an 11% ...
Investors continue to be nervous about the company's spending.
Meta Platforms reported better-than-expected earnings results on Wednesday but forecast rising infrastructure expenses next ...
This growth, alongside heightened engagement across platforms such as Instagram and Facebook, led to a 7% year-over ...
The company posted $40.59 billion in sales, an all-time high that slightly beat Wall Street's view. Higher AI capex could ...
Meta and Snap are both countering ByteDance's TikTok with their own short video platforms. Meta's Reels seems to be gaining ...
Drops for Big Tech companies including Microsoft and Facebook's parent company Meta Platforms led Wall Street lower ...
Meta delivered a beat on its third-quarter earnings, though user growth was lower than expected. It also expects AI costs to increase into 2025.
Meta beat analysts' Q3 top- and bottom-line estimates for the quarter, but heavy spending plans sent shares lower.
Meta's results are set to arrive with Wall Street analysts overwhelmingly bullish on the shares, though at present calling for comparatively little further update.
Meta's stock was still falling in after hours, and was down 2.67%. Meta Platforms Inc. Meta said it expects to see greater operating losses in its Reality Labs business for 2024, due to ongoing ...