Meta reports earnings Wednesday afternoon. Investors will be focused on the implications of DeepSeek’s success — and on the less flashy topic of currency pressures.
Meta (META) stock climbed by around 4% in after-hours trading after chief executive Mark Zuckerberg said on the company’s earnings call that itplans to invest “hundreds of billions of dollars” in artificial intelligence infrastructure in the longterm.
Meta Platforms Inc. posted sharply higher profit and revenue for its fourth quarter on Wednesday, thanks to higher ad revenue on its social media properties.
Meta (META) is expected to release its fourth-quarter earnings results at the end of the trading day on Wednesday.
Meta Platforms (NASDAQ:META) is gearing up for its latest quarterly readout with the social media giant slated to release Q4 earnings today
CEO Mark Zuckerberg expects 2025 to “be the year when a highly intelligent and personalised AI assistant reaches more than 1 billion people”
Now, over the course of just six weeks, Meta has dismantled diversity programs, including supplier diversity, that took years to build, and Mark Zuckerberg has attributed them to former COO Sheryl Sandberg as he distances himself from all DEI.
Meta said earnings per share were up annually by 50% to $8.02, versus Wall Street’s consensus estimate of $6.76.
CEO Mark Zuckerberg addressed the pressing issues of massive AI (artificial intelligence) expenditure and DeepSeek’s AI
For the current quarter, Meta said it expects revenue of 39.5 billion dollars (£31.79 billion) to 41.8 billion (£33.64 billion). Analysts are expecting revenue at the high end of that range — 41.68 billion dollars (£33.54 billion).
President Trump had sued Meta and other tech firms in 2021, arguing that he had been wrongfully censored by them. Meta also reported revenue and profit growth for the fourth quarter.