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That isn't to say the gains have been enormous, but compared to the broad market, shares of META have been outperforming and are currently up 1.53% year-to-date. For comparison, other Magnificent ...
Meta stock (NASDAQ: META) recently reported its Q1 results, with revenues and earnings well above the street estimates. It reported sales of $42.3 billion and earnings of $6.43 per share, compared ...
SAN FRANCISCO, California — Tech giant Meta on Wednesday reported quarterly profits that were well above expectations, brushing aside market worries that its heavy investments in cloud computing and ...
Revenues of $42.31 billion beat the Zacks Consensus Estimate by 2.61% and increased 16.1% year over year. At constant currency (cc), revenues soared 19% year over year. META’s Top-Line Growth ...
The company touted its AI tools on Wednesday. "We're making good progress on AI glasses and Meta AI, which now has almost 1 billion monthly actives," Meta founder and CEO Mark Zuckerberg said in a ...
Meta reported a $4.2 billion loss in Reality Labs, totaling over $60 billion since 2020. Reality Labs faced layoffs and struggles with declining revenue and underperforming Quest sales.
For instance, the CEO attended Trump's inauguration in January, and Meta donated $1 million to Trump’s inauguration fund. Also in January, the Wall Street Journal reported that Meta had reached a $25 ...
Meta Platforms said sales reached $42 billion in the first quarter and indicated growth would remain steady in the coming months, blunting concerns that President Trump’s tariffs would harm its ...
Tech giants beat Wall Street expectations after weeks of volatility in US stocks. Tech giants Microsoft and Meta posted better-than-expected results in the first quarter of the year, offering some ...
In the end, the company beat estimates on EPS by $1.21–a considerable margin. The big question mark hanging over Meta Platforms’ recent earnings releases has been capital expenditure (CAPEX).
Meta Platforms Inc. (META) reported robust financial results for the first quarter of 2025, significantly surpassing market expectations. The company posted an earnings per share (EPS) of $6.43, well ...
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