The company warned of accelerating capital expenditures around artificial intelligence, sending shares down 7% after hours.

On an earnings call, Zuck acknowledged that Meta’s massive AI spend might not go as intended in the near future.

Meta reported a rare earnings miss on Wednesday, due to a big one-time charge on deferred tax assets, sending the stock ...

On Oct. 29, Meta will release its earnings report on its investor relations website after the bell. At 4:30 p.m. ET, company ...

Meta plans to spend up to $72 billion on AI infrastructure this year, with CEO Mark Zuckerberg defending the long-term ...

A $15.9 billion tax charge dragged down Meta's earnings last quarter. Mark Zuckerberg announced plans to spend even more on ...

Meta on Wednesday forecast "notably larger" capital expenses next year thanks to investments in artificial intelligence, ...

Meta Platforms missed profit expectations by a wide margin, due a one-time income tax charge. Earnings per share dropped to ...

Louisiana approved Meta's $10 billion project in August, saying it would bring "hope" for economic growth, but some experts ...

Meta has laid off 600 employees in its AI unit as it restructures operations and consolidates leadership under Wang Jian to ...

The Silicon Valley company projected more spending this year and said it would continue in 2026 as it hires A.I. researchers ...

The move comes after Strike 3 Holdings discovered illegal downloads of some of its adult films on Meta corporate IP addresses ...