Meta shares rose more than 10% after the company reported earnings per share of $7.14, beating estimates. CEO Mark Zuckerberg discussed investing in AI and the concept of "personal superintelligence." Meta invested $14.3 billion in startup Scale AI and expects Q3 revenue of $47.5-50.5 billion. Although the Reality Labs division has been loss-making, Meta is strengthening its position in social media, with 3.48 billion daily active users. This transition to AI has impressed investors, generating a significant surge in shares.
Sources
Meta câştigă 10% într-o zi, pe fondul unor rezultate peste aşteptări şi promisiunilor mari în domeniul AI
Acţiunile Meta au crescut miercuri cu peste 10%, după ce compania a raportat rezultate financiare peste așteptări pentru trimestrul II. Investiții masive în AI
Creştere de 10% a acţiunilor Meta, miercuri, după rezultate peste aşteptări şi o viziune ambiţioasă prezentată de Zuckerberg privind inteligenţa artificială
Latest News
22:07
Dominic Fritz supports Siegfried Mureșan and announces that USR is seeking a parliamentary majority: “We are prepared to find points of compromise, even with PSD”
22:00
The Republic of Moldova denounces repeated violations of its airspace by drones at the OSCE
21:59
Debbie Hewitt calls on Gianni Infantino for an independent review of private investors and the Folarin Balogun case
21:30
PMB resumes work on the building in Rahova affected by the explosion
21:12
European Parliament calls for limits on addictive design and an ad-free mode for young people without targeted advertising on online platforms
See more news