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Meta Shares Jump

Meta Shares Jump After Strong Third-Quarter Sales Forecast

Meta Platforms Inc. topped projections for second-quarter sales and gave a stronger-than-expected forecast for the current period, a sign that the social media company’s advertising business is still growing quickly enough to support aggressive spending on artificial intelligence.

Reuters on MSN · 32m

Meta jumps on big revenue forecast beat, small capex raise

Meta Platforms forecast third-quarter revenue well ahead of Wall Street expectations, and raised the lower end of its capital expenses forecast for the year, sending its shares up 10% in extended trading.

MarketWatch · 1h

Meta's stock jumps into record territory after a big profit beat

Meta's stock was surging toward a record high in the after-hours sessions, after the social-media giant reported Q2 EPS that jumped 38.4% from a year ago to $7.14, well above the FactSet consensus of $44.

Zuckerberg, AI and Meta

Variety on MSN · 1h

Meta Smashes Q2 Expectations as Zuckerberg Touts AI Future: Company Will ‘Bring Personal Superintelligence to Everyone’

Meta now reaches nearly 3.5 billion users across Facebook, Instagram and other apps. And Mark Zuckerberg says the company's mission is to bring AI "personal superintelligence" to all of them.

Fox Business on MSN · 7h

Zuckerberg wants to give everyone their own personal superintelligence through Meta's new vision

Meta CEO Mark Zuckerberg revealed plans for a personal AI superintelligence that will help individuals achieve goals and pursue creative endeavors over productivity tools.

Inc.com · 4h

Mark Zuckerberg Says Meta’s AI Seems to Be Getting Smarter on Its Own

Years removed from the failed promises of the metaverse, Zuckerberg has gone all-in on AI, hiring former Scale AI CEO Alexandr Wang to lead a new “superintelligence” team at Meta, poaching top performers from rival firms like OpenAI and Apple, and making deals to build massive AI infrastructure projects.

Meta Stock Pops

Associated Press News on MSN · 1h

Meta stock surges after Q2 results blow past expectations despite heavy AI spending

In the midst of an artificial intelligence spending spree, Meta posted stronger-than-expected results for the second quarter, buoyed by growing ad revenue even as its expenses increased.

MarketWatch · 58m

Meta earnings beat by a wide margin, and the stock is surging

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.

Investopedia on MSN · 16m

Meta Stock Pops as Earnings Blow Past Estimates

Meta (META) reported second-quarter revenue and profits that topped analysts' expectations, sending shares to new highs in extended trading. The Facebook, Instagram, and WhatsApp owner's shares rocketed 9% higher to above $757 in after-hours trading,

52m

Strong earnings from Meta, Microsoft but misses 1 critical metric

Both Meta and Microsoft have strong quarterly earnings that beat analysts' expectations, but neither company mentioned crypto ...

1hon MSN

Meta Posts 22% Revenue Growth as Ad Business Continues to Fuel AI Ambitions

The second-quarter results showed the Facebook parent’s core ad business remains strong at a time when the company is ...

Meta narrows annual capital expenditures outlook for 'superintelligence' push, shares surge

Meta Platforms narrowed its annual capital expenditures forecast on Wednesday, driven by the social media giant's high-stakes ...

36m

Stock Movers: Microsoft, Meta, Ford

Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies ...

1hon MSN

Qualcomm highlights growth in Meta smartglasses as company looks to post-Apple future

Qualcomm reported fiscal third-quarter earnings on Wednesday that beat Wall Street expectations and provided a ...

13hon MSN

Meta faces Italian competition investigation over WhatsApp AI chatbot

Italy's antitrust authority said on Wednesday it had launched an investigation into Meta Platforms over allegations the ...

Meta's AI Firepower Could Ignite Magnificent Seven ETFs

Meta Platformsis expected to report its 11th consecutive revenue beat, attracting attention from stock pickers and ETF ...

3hon MSN

Meta eyes AI-powered ad growth

CNBC’s Julia Boorstin joins 'The Exchange' to discuss Meta's AI upside and marco headwinds as the company eyes AI-powered ad ...

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Meta Shares Jump

Zuckerberg, AI and Meta

Meta Stock Pops

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