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
23:01
Serious accident in Prahova: one young man died, two were injured
22:32
Siegfried Mureșan: “We will build on the good things accomplished by the Bolojan Government”
21:50
Nicușor Dan signed the decree appointing Siegfried Mureșan as prime minister (sources)
21:21
New border crossing point with Ukraine. Sighetu Marmației II will operate permanently from December 31, 2027
20:31
NATO’s Military Committee Chair says the alliance is “prepared” for a “false flag” attack by Russia
See more news