Strong earnings report pushes Meta shares up amid heavy AI spending

Strong earnings report pushes Meta shares up amid heavy AI spending

Meta, Technology, US news, Facebook, Instagram, WhatsApp, Business, Social networking Business | The Guardian

​Stock price grew around 5%, which revealed the company outperformed analysts’ expectations for its second quarterMeta’s shares rose in after-hours trading on Wednesday off the back of a strong earnings report that comes as the company is spending heavily on AI tools.The company’s stock price grew around 5% following the report, which revealed the company outperformed analysts’ expectations for its second quarter. Continue reading… 

Stock price grew around 5%, which revealed the company outperformed analysts’ expectations for its second quarter

Meta’s shares rose in after-hours trading on Wednesday off the back of a strong earnings report that comes as the company is spending heavily on AI tools.

The company’s stock price grew around 5% following the report, which revealed the company outperformed analysts’ expectations for its second quarter.

Continue reading… 

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