$585.39
-7.61 (-1.28%)
At Close: Jun 08, 2026
Meta and Microsoft: AI's Spending Champs Won't Be Tapping the Brakes.
05:30am, Thursday, 31'st Oct 2024
Sharply rising capital investments show no sign of slowing as the latest reports fail to excite investors.
Nvidia Stock Falls. Why Meta, Microsoft Earnings Are Giving Investors a Hallowe'en Fright.
05:24am, Thursday, 31'st Oct 2024
Investors are fretting about how long the AI boom can last after the Big Tech companies forecast that their capital spending will carry on rising.
Meta user 'miss' wipes $56bn from the Facebook owner's value
04:26am, Thursday, 31'st Oct 2024
A surprise fall in the active user base of Facebook and Instagram owner Meta Platforms Inc (NASDAQ:META, ETR:FB2A, SWX:FB) took the gloss off an otherwise solid set of quarterly numbers, wiping arou
Microsoft and Meta shares fall in Frankfurt despite earnings beat
03:19am, Thursday, 31'st Oct 2024
Frankfurt-listed shares in Microsoft and Meta both fell in early trading on Thursday, even as earnings at the two U.S. tech groups beat Wall Street expectations.
Meta, Microsoft lift AI spending, worrying Wall Street ahead of Amazon results
10:39pm, Wednesday, 30'th Oct 2024
Big tech including Microsoft and Meta are stepping up spending to build out AI data centers in a rush to meet vast demand, but Wall Street is hungry for a quicker payday on the billions invested.
Meta's Zuckerberg Touts AI Progress but Warns of ‘Serious Infrastructure'
09:27pm, Wednesday, 30'th Oct 2024
The old saying is you've got to spend money to make money. For Meta, notching a third quarter earnings report with record revenues, the fact remains that the long-term artificial intelligence (AI) roa
Meta Platforms, Inc. (META) Q3 2024 Earnings Call Transcript
09:05pm, Wednesday, 30'th Oct 2024
Meta Platforms, Inc. (NASDAQ:META ) Q3 2024 Earnings Call Transcript October 30, 2024 5:00 PM ET Company Participants Kenneth Dorell - Director of IR Mark Zuckerberg - Founder, Chairman and Chief Exec
With Reality Labs, Meta risks heading down slippery slope of overspending again
09:03pm, Wednesday, 30'th Oct 2024
Zuckerberg said that he is going to keep building out Meta's infrastructure and data centers, because the opportunity is so huge, even if investors don't like it.
Meta Says It's 'Making a Lot of Progress' With AI as Spending Grows
09:00pm, Wednesday, 30'th Oct 2024
Meta Platforms (META) CEO Mark Zuckerberg said in Wednesday's earnings call that more spending on artificial intelligence (AI) products and infrastructure "is maybe not what investors want to hear in
Even Mark Zuckerberg seems surprised by Meta's pace of spending on AI
08:12pm, Wednesday, 30'th Oct 2024
Meta has been so quick to build out its massive data center and computing infrastructure for AI that even CEO Mark Zuckerberg is a bit surprised. Meta raised the low end of its capital expenditures gu
Markets Give Back Gains as Hovering Continues
07:41pm, Wednesday, 30'th Oct 2024
As we've stated in this space previously, the big news the market is waiting for is not here yet.
Meta Platforms (META) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
07:36pm, Wednesday, 30'th Oct 2024
While the top- and bottom-line numbers for Meta Platforms (META) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metric
Meta Platforms Q3: Massive Earnings Beat
06:43pm, Wednesday, 30'th Oct 2024
Meta Platforms, Inc. reported a double beat, the seventh in a row. Meta Platforms keeps growing its margins, resulting in outsized earnings growth. Meta's valuation is not very high, considering its g
Meta warns of ‘significant acceleration' in costs tied to AI after strong Q3
06:31pm, Wednesday, 30'th Oct 2024
Meta's earnings come after encouraging results from digital ad bellwethers Alphabet and Snap.
Meta Platforms (META) Beats Q3 Earnings and Revenue Estimates
06:20pm, Wednesday, 30'th Oct 2024
Meta Platforms (META) came out with quarterly earnings of $6.03 per share, beating the Zacks Consensus Estimate of $5.19 per share. This compares to earnings of $4.39 per share a year ago.
Sign In
Buy META