Meta reported better-than-expected financial results and shares rose 10%. CEO Mark Zuckerberg laid out ambitious visions for AI.
Ana-Maria Tapescu
.webp)
International
Foto: shutterstock.com
Always see our news on Google
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
19:01
UDMR supports Siegfried Mureșan for prime minister / PSD votes are decisive
18:55
Mircea Abrudean salută desemnarea lui Siegfried Mureșan ca premier de către Nicușor Dan
18:44
PPC intends to acquire Flanco as it expands into the retail of electro-IT products and energy solutions
18:31
The Ukrainian Embassy is examining the closure of the Romanian-language class in Orlivka, just four days after it opened
18:21
De la autonomie strategică la independență
See more news
NEWS ON THE SAME TOPICS
.webp)
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
