Meta reports earnings Wednesday afternoon. Investors will be focused on the implications of DeepSeek’s success — and on the less flashy topic of currency pressures.

Meta Platforms Inc. posted sharply higher profit and revenue for its fourth quarter on Wednesday, thanks to higher ad revenue on its social media properties.

Meta (META) stock climbed by around 4% in after-hours trading after chief executive Mark Zuckerberg said on the company’s earnings call that itplans to invest “hundreds of billions of dollars” in artificial intelligence infrastructure in the longterm.

Meta Platforms (NASDAQ:META) is gearing up for its latest quarterly readout with the social media giant slated to release Q4 earnings today

CEO Mark Zuckerberg addressed the pressing issues of massive AI (artificial intelligence) expenditure and DeepSeek’s AI

CEO Mark Zuckerberg expects 2025 to “be the year when a highly intelligent and personalised AI assistant reaches more than 1 billion people”

The $60 to $65 billion in projected capital expenditures this year is more than double the $27 billion Meta spent in 2023.

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 billion dollars (£33.54 billion).

President Trump had sued Meta and other tech firms in 2021, arguing that he had been wrongfully censored by them. Meta also reported revenue and profit growth for the fourth quarter.

Mark Zuckerberg said Meta underestimated TikTok's rise and dismissed it for not thinking it was truly social.

Meta overhauled its approach to US moderation on Tuesday, ditching fact-checking, announcing a plan to move its trust and safety teams, and perhaps most impactfully, updating its Hateful Conduct policy. As reported by Wired, a lot of text has been updated, added, or removed, but here are some of the changes that jumped out at us.