News

Analysts revamp Meta price target after earnings
Looking ahead to the third quarter, the analysts noted that guidance suggests higher AI investment spending, albeit supported ...
Meta Just Paid $250M To Lure This 24-year-old AI Whiz Kid: A Strategic Move Or A Power Play?
Meta Platforms Inc. (NASDAQ:META) has reportedly invested a staggering $250 million to secure the talents of 24-year-old AI ...
Meta stock surges after Q2 results blow past expectations despite heavy AI spending
In the midst of an artificial intelligence spending spree, Meta posted stronger-than-expected results for the second quarter, ...
Mark Zuckerberg keeps talking about “superintelligence.” Meta’s stock is soaring for a less exciting reason
The parent company of Facebook and Instagram continues to exceed expectations for ad sales. Analysts are less sure about its ...
Nvidia CEO Jensen Huang Just Gave Meta Investors Great News -- or Did He?
Beyond Huang, another technological visionary who is worth paying close attention to is Mark Zuckerberg, the CEO of Meta ...
Meta to share AI infrastructure costs via $2 billion asset sale
Meta Platforms is pressing ahead with efforts to bring in outside partners to help fund the massive infrastructure needed to ...
Meta's stock jumps into record territory, as earnings blow past expectations
Meta posted a second-quarter profit that beat expectations by a wide margin, and revenue that topped forecasts for a ...
Meta’s $250M whiz kid’s last AI product ‘sucks at Google Chrome, flopped with Numbers’: users
Meta’s new AI whiz kid Matt Deitke’s last tech product called Vy handles repetitive tasks “with high accuracy” and does so without interrupting users while they browse, but some users ...
Meta shares jump as AI fuels ad sales, outweighing big capital costs
Meta Platforms forecast third-quarter revenue well above analysts' estimates on Wednesday, as artificial intelligence once ...
Your chats with Meta's AI might end up on Google — just like ChatGPT until it turned them off
Meta lets you share your chats with its AI bot to a public feed. Google can index that feed — and make your searchable and ...
Meta Shares Soar as Ad Business Continues to Fuel AI Ambitions
The company held its top capital-spending projections steady for the first time this year, an issue investors have watched ...
Meta Seizes Its Moment to Spend Aggressively in the AI Race
Meta Platforms Inc. is taking advantage of its lucrative advertising business and stepping up spending next year, with ...