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Meta earnings beat by a wide margin, and the stock is surging
Meta posted a second-quarter profit that beat expectations by a wide margin, and revenue that topped forecasts for a 12th-straight quarter, as active users, ad impressions and ad prices all rose. The company also provided a revenue outlook for the current quarter that was better than forecast.
Nvidia still looks like a strong buy here, especially if you have a longer-term mindset of at least three to five years.
Meta Platforms forecast third-quarter revenue well above analysts' estimates on Wednesday, as artificial intelligence once ...
Wall Street's AI heavyweights added a combined half a trillion dollars in stock market value late on Wednesday (Jul 30) after ...
Decades of expertise in information technology (IT) and cloud systems could propel this artificial intelligence (AI) ...
Shares in the software giant rose 7.3 percent to $551 in after-hours trading as investors anticipate greater artificial ...
The agreement could bolster the company's unprofitable contract manufacturing business, but Samsung faces challenges securing ...
Nvidia stock has been at the center of the artificial intelligence (AI) revolution for three years, but another chip stock ...
Mark Zuckerberg’s AI hiring spree is costing a lot of money. His investors don’t care. Meta’s stock price shot up over 10 ...
Yves Lamoureux has shifted his view on stocks to neutral from “extremely bullish,” as he says investors have turned into ...
Entering trading this week, the stock had risen by more than 65% year to date. Its relatively modest valuation, however, ...
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