Meta is standing by their VR projects as their foot in the door for the Metaverse, but it's becoming an expensive investment.
In a meeting with Meta employees on Thursday, Mr. Zuckerberg also defended recent changes to the company's online speech policies and ending its diversity initiatives.
Mark Zuckerberg addressed several recent policy changes in a company all-hands meeting on Thursday. Zuckerberg admitted that the company was slow to respond to TikTok's rapid growth.
Meta CEO Mark Zuckerberg addressed Chinese AI startup DeepSeek's latest model in an all-hands. The Meta chief praised its "novel infrastructure optimization advances" in a recording seen by BI.
On Thursday, Meta Platforms, Inc META stock is trading higher after multiple firms raised their price forecasts on the stock after the company reported better-than-expected fourth-quarter sales results yesterday.
Meta Platforms (META) continues to reach new highs after reporting what Ali Mogharabi considers an excellent quarter for the company. Ali thinks Meta's A.I.
With earnings in full swing, Wall Street's stock analysts are releasing upgrades left and right for stocks they think will soar. Above, you can see 10 of yesterday's upgrades, including for META, from some of the best analysts in the business — and one you can ignore.
Shares of Meta Platforms (META 1.69%) were flying higher on Thursday. The stock gained 2% as of 12:15 p.m.
Meta Platforms' fourth-quarter 2024 performance benefits from higher advertising revenues, expanding AI integration and a strong user base.
Meta Platforms beats fourth-quarter estimates for both top and bottom lines but forecasts higher expenses this year than the last.
Meta CEO Mark Zuckerberg teased a “return to OG Facebook” as part of his key goals for 2025 in Wednesday's Q4 earnings call with investors. While the company was short on details as to what specific changes lay in store, it's clear that Meta is in desperate need of younger Facebook users to sustain itself for the next generation.
CNBC's Julia Boorstin reports on Meta's quarterly earnings results.