News

Meta Stock Jumps on Strong Earnings. Zuckerberg Promises Returns on Big Capex Spending.
Meta Platforms roundly beat first-quarter earnings expectations Wednesday afternoon. Its shares were rising in after-hours ...
Meta Platforms Stock Is Down 28% From Its Peak. Here's How the Rest of 2025 Could Play Out for This AI Stock.
The trends are impressive. In 2024, Meta's annual revenue surged 22%, and record earnings per share (EPS) of $23.86 marked a ...
Meta's Reality Labs 'a leaky bucket' as its losses continue to grow
Forrester Research analyst Mike Proulx said in an email that he sees Meta's Reality Labs business as a "leaky bucket," as its losses continue to grow, while revenue declined in the quarter. Meta's ...
Meta stocks up as company's Q1 earnings beat expectations, Zuckerberg touts 'strong start'
The social media giant reported revenues of $42.31 billion and an earnings per share of $6.43. That's a revenue increase of 16% and 37% per share.
Meta Boosts Spending Plans to Grow Its AI Capacity
Meta said it plans to raise its capital spending this year to $64 billion to $72 billion to speed up AI capacity.
Meta's stock extends gains, but halts at 200-day moving average
Meta's stock has rallied further as time passes after earnings, but took a breather after reaching a key chart level. The stock was up as much as 6.2% at its after-hours peak, so far, around $582.89, ...