Meta Platforms Inc Class A (META)
Meta stock sinks as Q2 earnings disappoint on multiple fronts
Meta Platforms (META) shares are slipping in extended hours on Wednesday as investors react to a messy Q2 earnings release that reignited aggressive spending fears. The giant's revenue reached $60.80 billion – up a better-than-expected 28% year-on-year – but its per-share profit at $6.18 failed to meet consensus estimates.
Meta's Profit Falls 14 Percent as A.I. Spending Continues
The Silicon Valley company's costs rose more steeply than revenue growth, as it continues to invest heavily in artificial intelligence.
Meta's Reality Labs lost over $4.6 billion in second quarter
Reality Labs continues to bleed cash, though its loss in the second quarter was narrower than expected. The unit builds virtual reality and wearable devices powered by AI.
Meta's Mark Zuckerberg blasts AI ‘centralization,' opposes US ban on Chinese models
Meta CEO Mark Zuckerberg blasted the “centralization” of AI in the hands of a few powerful companies and even opposed potential bans on Chinese AI models as he hailed open access to the new tech as a way to unlock prosperity.
Venture Capitalist Warns Meta Will Keep Spending Big on AI Even If Shareholders Hate It
Sarah Kunst, Managing Director at Cleo Capital, argued in a CNBC interview on July 29 that Meta's enormous AI infrastructure spending reflects Mark Zuckerberg's personal conviction and is likely to continue despite investor pushback.
Why Meta's Risk Profile Screams Buy Right Now
At $593.41, Meta Platforms (NASDAQ:META | META Price Prediction) screens as an attractive setup for research.
Meta expected to beat Q2 estimates as AI investments meet investor scrutiny
Meta Platforms Inc (NASDAQ:META, XETRA:FB2A, SIX:FB) is expected to post second-quarter results above Wall Street expectations, with analysts pointing to healthy advertising demand and early returns from artificial intelligence investment even as investors press the company for clearer evidence its AI spending will pay off. Bank of America expects Meta to report revenue of $60.6 billion and earnings per share of $7.50, above consensus of $60.2 billion and $7.18, citing healthy ad growth and potential upside from May's workforce reductions.
Zuckerberg's Bitter Complaints As Meta Stock Buckles
Meta (NASDAQ: META | META Price Prediction) founder and CEO Mark Zuckerberg has just done the rounds of the business press complaining about the way Anthropic and OpenAI rule the AI sector.
Here's How Much Traders Expect Meta Stock to Move After Earnings
Meta Platforms is slated to post its quarterly earnings after markets close today, with traders pricing in a sizable move from the social media giant's stock.
Meta's Zuckerberg says US should not block Chinese AI models, FT reports
Meta CEO Mark Zuckerberg told the Financial Times the U.S. government should not block Chinese models to gain an edge in the AI race, and warned against "regulatory capture" by American frontier labs that could stifle domestic competition.
Why Investors Should Wait For Meta's Post Earnings Dip
At $593.87, Meta (NASDAQ:META | META Price Prediction) is a Hold heading into its July 29 earnings report.
Meta EPS Preview: Can AI Monetization Justify Soaring CAPEX?
While heavy AI spending has been a point of contention, Meta's strong ad-targeting performance and low valuation make for a must-watch report.
