Three of the biggest US tech companies reported record profits and record infrastructure spending on Wednesday, fueling speculation about a possible AI market bubble.
AI is booting engagement across Meta's social media platforms and driving interest in Meta glasses, but it comes at the cost ...
The magnificent Kothi Mahal of the Scindia royal family in Ujjain, a symbol of regal grandeur and over a century of history, ...
The Finnish group gained over 20%, or $7 bln, after the chip giant unveiled a $1 bln investment. But the partnership is not ...
Meta forecasts significant increase in total expenses next year, with capital costs notably larger than this year's.
Despite the EPS miss, Meta's CEO Mark Zuckerberg remains optimistic about the company's future. He said, "We had a strong ...
Asia-Pacific digital market infrastructure operator Marketnode is collaborating with Maybank Asset Management Singapore to ...
However, reported earnings were sharply lower due to a $15.93 billion non-cash income tax charge, linked to the ...
10hon 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 Platforms reported a 26% increase in its third-quarter revenue that exceeded its own forecasts for the period. But the company also saw a 32% increase in its costs as it spent heavily to recruit ...
Meta Platforms Inc. (NASDAQ: META) is one of the stocks that should double in 3 years. On October 24, Truist analyst Youssef ...
Meta reported robust third-quarter revenue driven by ad demand, but a $15.9 billion one-time tax charge weighed on its profit ...
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