Alphabet (NASDAQ: GOOGL) and Meta Platforms (NASDAQ: META) saw contrasting stock reactions following their third-quarter ...
The social-media company said it would “aggressively” raise spending to stay competitive in the artificial-intelligence arms ...
Meta on Wednesday forecast "notably larger" capital expenses next year thanks to investments in artificial intelligence, ...
The company warned of accelerating capital expenditures around artificial intelligence, sending shares down 7% after hours.
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 reported a rare earnings miss on Wednesday, due to a big one-time charge on deferred tax assets, sending the stock ...
Meta, the parent of Facebook, Instagram and more, saw its top-revenue jump 26% to a whopping $51.2 billion. But a provision ...
Meta plans to spend up to $72 billion on AI infrastructure this year, with CEO Mark Zuckerberg defending the long-term ...
On an earnings call, Zuck acknowledged that Meta’s massive AI spend might not go as intended in the near future.
A $15.9 billion tax charge dragged down Meta's earnings last quarter. Mark Zuckerberg announced plans to spend even more on ...
Mark Mahaney, Evercore ISI head of internet research, joins 'Squawk Box' to discuss Meta and Alphabet's quarterly earnings ...
The Silicon Valley company projected more spending this year and said it would continue in 2026 as it hires A.I. researchers ...