Meta stock price soars on strong Q4 ad sales. Spending on AI is way up, too

Expenses for the Facebook and Instagram parent company grew 40% to $35.15 billion in the fourth quarter, but investors seem ...

Meta Platforms Stock Investors Just Got Fantastic News from CEO Mark Zuckerberg

CEO Mark Zuckerberg revealed that Meta has been reaping the benefits of its foray into AI. In the fourth quarter, ad ...

Meta stock dubbed cheap by ‘historic norms’ as Q4 earnings beat estimates

Meta reports market-beating Q4 earnings and guides for $135 billion in CAPEX. Analyst explains why META shares are cheap at ...

TSLA stock price: Why Tesla stock is surging today – strong earnings, $2 billion xAI investment, and Cybercab production outlook

TSLA stock price: Tesla shares surged following a $2 billion investment in Elon Musk's AI venture, xAI, and confirmation of ...
CNA

Meta boosts annual capex sharply on superintelligence push, shares surge

Instagram-owner Meta on Wednesday boosted its capital spending plans for the new year by 73 per cent in the pursuit of "superintelligence," an effort to offer deeply personalized artificial ...

Why Wall Street isn't concerned with Meta's hefty AI spending this time around

Meta's top-line results and outlook mean investors are giving the company a pass on its artificial-intelligence spending, ...

1 Massive Number From Meta Platforms' Earnings Report Every Investor Needs to See

We knew Meta's full-year capital expenditure forecast would exceed $100 billion; we just didn't know the exact range. Now we ...

Fed pauses interest rate cuts. Live updates on interest rate decision

The January meeting marks the first since Fed Chair Jerome Powell confirmed the Department of Justice subpoenaed the central ...