Meta Earnings Top Estimates Amid Big Growth in AI Spending
Jan 29, 2025 · Meta Is Boosting Its Spending on AI The results came as the company boosted its spending to support its AI ambitions, with $39 billion in expenditures for 2024, up from $28 billion in 2023.
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Meta Earnings Top Estimates Amid Big Growth In AI Spending
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Jan 29, 2025 · Meta Is Boosting Its Spending on AI The results came as the company boosted its spending to support its AI ambitions, with $39 billion in expenditures for 2024, up from $28 billion in 2023.
investopedia.com
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Zuckerberg Says DeepSeek ‘Strengthened Our Conviction' As Meta …
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Jan 30, 2025 · Meta, the Facebook and Instagram parent, on Wednesday reiterated its forecast of $60 billion to $65 billion in capital expenditures this year as it bets big on AI. (It also topped …
investopedia.com
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Meta Plans To Spend As Much As $65B In 'Defining Year For AI' Says ...
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Jan 24, 2025 · Meta Earnings Top Estimates Amid Big Growth in AI Spending Zuckerberg Says DeepSeek ‘Strengthened Our Conviction' as Meta Spends Big on AI What Analysts Think of …
investopedia.com
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Meta Earnings Beat Amid AI Push. Wall Street: Meta Has 'Earned
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Further, Meta last week said it plans to hike 2025 capital spending to a range of $60 billion to $65 billion, topping Wall Street estimates of $51.4 billion. AI Investments To Boost Revenue Growth?
msn.com
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Meta's Earnings Top Estimates As It Lifts Spending Projections
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Oct 30, 2024 · Advertising revenue, the bulk of Meta's revenue, climbed 18.6% to $39.89 billion, just above estimates of $39.56 billion, benefitting from the tech giant's advances with AI.
yahoo.com
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Meta To Increase AI Spend As Revenue Soars - Siliconrepublic.com
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Oct 31, 2024 · The tech giant plans to spend big on AI because it sees ‘strong momentum’ in this area. Meta’s third-quarter revenue was up 19pc to $40.59bn, the highest in recent years, …
siliconrepublic.com
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Meta Platforms Results Beat Estimates; Zuckerberg Predicts 'really …
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Jan 29, 2025 · Meta has also reiterated a $60 billion to $65 billion investment as capex in 2025 to fuel its AI Strategy. “In AI, I expect that this is going to be the year when a highly intelligent and …
cnbctv18.com
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Meta Posts Sharply Higher Q4 Profit, Revenue | AP News
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Jan 29, 2025 · Analysts, on average, were expecting earnings of $6.76 per share on revenue of $47 billion, according to a poll by FactSet. “We continue to make good progress on AI, …
apnews.com
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Meta's AI Push Seeing Big Returns - LinkedIn
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Jan 29, 2025 · CEO Mark Zuckerberg has accelerated Meta’s AI ambitions and plans to increase spending on the technology to as much as $65 billion this year. ... Meta Earnings Top …
linkedin.com
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Meta Stock: Meta Earnings Top Wall Street Targets. March-Quarter ...
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Jan 29, 2025 · Further, Meta last week said it plans to hike 2025 capital spending to a range of $60 billion to $65 billion, topping Wall Street estimates of $51.4 billion. AI Investments To …
investors.com
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Meta Is On An AI Spending Spree. It's Only Going To Get Bigger
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Oct 31, 2024 · In its third-quarter earnings report Wednesday, Meta raised capital expenditure estimates for the 2024 fiscal year to between $38 billion and $40 billion, from $37 billion to $40 …
yahoo.com
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Meta Profits Surge 35% As The AI Spending Spree Continues - Yahoo
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Oct 30, 2024 · It lowered its full-year expense expectations to $96-98 billion, and raised capital expenditure estimates to $38-40 billion. Meta expects “significant capital expenditures growth …
yahoo.com
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Tech Earnings: Meta, Microsoft Will Keep Spending Big On AI
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Oct 31, 2024 · Here’s the quarterly report card for Facebook parent: Earnings per share: $6.03, above estimates of $5.22 Revenue: $40.6 billion, above estimates of $40.2 billion And …
inc.com
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Meta Stock Gains. Investors Shrug Off Bigger-Than-Expected $65 …
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Jan 24, 2025 · Meta Stock: Why Investors Are Shrugging Off Growing Costs. Meta has focused capex on data centers that can power the company's AI ambitions. Capital expenditures are …
investors.com
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Microsoft, Meta Talk Up Their Big AI Ambitions And Spending Plans
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Meta Platforms unveiled plans to make artificial intelligence more personalized this year, and Microsoft MSFT-0.28% decrease; red down pointing triangle predicted “exponentially more …
wsj.com
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How Meta Eased Wall Street's Worries About AI Spending
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Aug 1, 2024 · Meta on Wednesday reported capital expenditures (CapEx) increased 33% in the second quarter to $8.17 billion. It also raised the low end of its 2024 CapEx forecast to $37 …
investopedia.com
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Meta Platforms' Revenue Jumps As It Plans To Invest Big In AI
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4 days ago · From a valuation perspective, Meta stock trades at a forward price-to-earnings (P/E) ratio of under 24, based on 2025 analyst estimates. Given its revenue growth of over 20% and …
nasdaq.com
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