Meta expects its April-June revenue in the range of $36.5 billion-$39 billion, with a midpoint of $37.8 billion, lower than analysts' estimates of $38.3 ...
Push to integrate AI into Meta products boosts financial results, with sales and profits beating analysts' expectations.
Meta Platforms' earnings round-up: Share price plunged despite 1Q beat.
Meta CEO Mark Zuckerberg unnerved investors on the company's quarterly earnings call Wednesday by focusing on its long-term investments in AI and the ...
The midpoint of its range would represent roughly 18% year over year revenue growth for Meta's second quarter, compared to sales growth of 27%, 24.7% and 23.2% ...
Meta's stock sank after hours. Share prices were down 17% after Facebook's parent company issued weak revenue guidance on today's earnings call.
The stock is getting hit by a double-whammy of higher spending on AI and slightly disappointing growth expectations for the June quarter. Meta shares have ...
Meta chief executive Mark Zuckerberg used a first quarter financial update to flag a $US3 billion ($4.6 billion) increase in spending on AI, adding the company ...
With projections of increasing costs and lower-than-expected income, Meta's shares are trading lower.
The Meta Platforms' share price is down 10% after the company reported Q1 earnings per share growth of 117%. Does that put the stock in value territory?
The firm said expenses would be higher this year as it spends heavily on artificial intelligence.
Meta shares tumbled on Thursday after the company issued weak revenue guidance that overshadowed its first-quarter earnings beat.
A lower stock price indicates investors are less confident in Meta's future earnings potential. Historically, job cuts have been the go-to, ...
Meta Platforms' earnings round-up: Share price plunged despite 1Q beat.
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidance.
Shares of Meta Platforms sank 13% on Thursday, sparking a selloff in big technology stocks after the social media firm signaled its costly bet on AI could ...