27mon MSN
Meta forecasts bigger capital costs next year as Zuckerberg lays out aggressive AI buildout
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 an earnings call, Zuck acknowledged that Meta’s massive AI spend might not go as intended in the near future.
Meta’s stock slid in after-hours trading Wednesday after the tech giant posted strong third-quarter results but warned that ...
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 ...
9hon MSN
Meta earnings recap: Stock tumbles 9% after big tax charge and plans to spend even more on AI
A $15.9 billion tax charge dragged down Meta's earnings last quarter. Mark Zuckerberg announced plans to spend even more on ...
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 ...
Meta Platforms missed profit expectations by a wide margin, due a one-time income tax charge. Earnings per share dropped 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 ...
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