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
23:03
The Supreme Court gives Donald Trump a victory / The federal database for verifying voters’ citizenship may be used
22:55
Diesel fuel in Romania could become up to one leu more expensive per liter if the U.S. stops exports
22:43
Daniel Dăianu warns: Romania is facing an “economic hurricane”
22:27
Vladimir Putin says that Russia is not preparing hostilities against Europe and makes the resumption of negotiations with Ukraine conditional
22:11
EU calls on Great Britain to raise tariffs on Chinese cars
See more news