by Chris Dubois | Jul 30, 2025 | AI News
Good numbers for now are outweighing concerns over massive expenses for the AI buildout.
by Chris Dubois | Jul 30, 2025 | AI News
[[{“value”:” posted nice numbers for the June quarter with revenue surging 22% to $47.5 billion and net income up 36% to $18.3 billion. Earnings per share of $7.14 was also beat Wall Street’s expectations, as did daily active users rose to 3.48...
by Chris Dubois | Jul 30, 2025 | AI News
[[{“value”:” Meta’s artificial intelligence spending spree appears to be paying off with investors, who sent the company’s stock soaring after hours on Wednesday following a blowout quarterly earnings report. The Menlo Park, California-based company...
by Chris Dubois | Jul 30, 2025 | AI News
Daniel Howley · Technology Editor Updated 3 min read Facebook parent Meta (META) reported its second quarter earnings on Wednesday, outperforming expectations and offering a better-than-expected outlook for Q3. The company says it anticipated between $47.5 billion and...
by Chris Dubois | Jul 30, 2025 | AI News
Jaspreet Singh and Echo Wang 2 min read By Jaspreet Singh and Echo Wang (Reuters) – Meta Platforms forecast third-quarter revenue well ahead of Wall Street expectations, and raised the lower end of its capital expenses forecast for the year, sending its shares...
