Investors continue to be nervous about the company's spending.
Shares of Meta Platforms Inc. slid 1.14% to $560.68 Monday, on what proved to be an all-around rough trading session for the ...
The company posted $40.59 billion in sales, an all-time high that slightly beat Wall Street's view. Higher AI capex could ...
Meta and Snap are both countering ByteDance's TikTok with their own short video platforms. Meta's Reels seems to be gaining ...
Meta posted third-quarter earnings after the closing bell, topping expectations with its results but talking up continued ...
Meta reported its third-quarter financials Wednesday, sending shares of the company down in after-hours trading.
Meta delivered a beat on its third-quarter earnings, though user growth was lower than expected. It also expects AI costs to increase into 2025.
The Dow Jones Industrial Average fell more than 250 points Thursday mid-morning, alongside sharp Nasdaq and S&P 500 declines, ...
Meta beat analysts' Q3 top- and bottom-line estimates for the quarter, but heavy spending plans sent shares lower.
Fima praised Meta for its dominance in targeted advertising and strong user engagement, which fosters a beneficial cycle ...
and Microsoft and Meta Platforms dragged U.S. stock indexes lower despite delivering strong profits for the summer. The S&P ...
Although the financials look good, investors were more concerned about Meta’s user growth. The company said it had 3.29 billion daily active users across apps such as Facebook, Instagram and WhatsApp ...