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Meta earnings beat by a wide margin, and the stock is surging
Meta posted a second-quarter profit that beat expectations by a wide margin, and revenue that topped forecasts for a 12th-straight quarter, as active users, ad impressions and ad prices all rose. The company also provided a revenue outlook for the current quarter that was better than forecast.
Meta's chief AI scientist, Yann LeCun, disagreed with Elon Musk's latest take on the difference between engineers and ...
Meta Platforms and Microsoft are both showing that obscene spending on new businesses can work—as long as the older ones are ...
If the company’s core business continues growing at the current rate and its Superintelligence efforts gain traction, ...
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Meta's strong earnings report sent its stock soaring after hours. The company also made it clear that the AI talent wars come ...
Meta is shifting how it plans to ensure widespread access to superintelligence, a suggestion that the company’s most advanced ...
The company held its top capital-spending projections steady for the first time this year, an issue investors have watched ...
Smart glasses are an ideal form factor for AI assistance. They give AI access to everything you hear and see from your POV, ...
Meta is pouring money into the physical and technical infrastructure needed to scale its AI ambitions. The company said ...
MANILA, Philippines (AP) — Asian shares were mixed on Thursday after most U.S. stocks slipped, as doubts rose on Wall Street ...
Meta CEO Mark Zuckerberg told investors that his new research lab will focus on building AI models that can learn with ...
Mark Zuckerberg’s AI hiring spree is costing a lot of money. His investors don’t care. Meta’s stock price shot up over 10 ...
Zuckerberg, who holds a 13% stake in Meta, surpassed Amazon chairman Bezos ($247.4 billion) to become the third-richest ...
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