The e-commerce giant is pulling ahead of rivals in the AI investment race with plans for more than $100 billion in capital expenditures this year.
Specifically, analysts expect S&P 500 companies in aggregate to report revenue growth of 5.8% and earnings growth of 14.8% in ...
Artificial intelligence was the focus when tech giants Microsoft and Meta kicked off the first round of Big Tech earnings of 2025. Here's what we learned.
"Investing 'very heavily' in capital expenditure and infrastructure is going to be a strategic advantage over time," Mark ...
Meta said earnings per share were up annually by 50% to $8.02, versus Wall Street’s consensus estimate of $6.76.
CEO Mark Zuckerberg addressed the pressing issues of massive AI (artificial intelligence) expenditure and DeepSeek’s AI ...
Meta CEO Mark Zuckerberg said in Wednesday’s earnings call that the rapid rise of new competitors from China has only bolstered the tech giant’s commitment to its AI ambitions as it spends billions on ...
Microsoft shares dropped 5 per cent, while Meta was up 2 per cent after their October-December Q1 results, both companies ...
Not only did Meta (META) stand by its forecast for $60 billion to $65 billion in capital expenditures this year, which Chief Executive Mark Zuckerberg first shared on Facebook last week, but ...
For the current quarter, Meta said it expects revenue of 39.5 billion dollars (£31.79 billion) to 41.8 billion (£33.64 billion). Analysts are expecting revenue at the high end of that range — 41.68 ...
President Trump had sued Meta and other tech firms in 2021, arguing that he had been wrongfully censored by them. Meta also ...
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