It reported sales of $48.4 billion and earnings of $8.02 per share, compared to the consensus estimates of $47.0 billion and ...
Meta delivered fantastic results for Q4 2024. The company increased earnings per share for the quarter by 50% year over year, ...
Microsoft alone is projecting $80 billion of infrastructure spend for data centers in 2025; meanwhile, OpenAI, Oracle and ...
Meta is now spending tens of billions on AI, and there is a war going on between the Big Caps on who can pour the most money into AI. DeepSeek also didn’t hurt Meta as much, and the recent full-year ...
Meta Platforms shares rose 2.3% after the company reported results that beat expectations, including a 21% increase in sales. The owner of Facebook and Instagram reported earnings per share of $8.02, ...
Investors were looking to Microsoft and Meta to provide reassurance that they will keep spending heavily on Nvidia chips.
DeepSeek just shook up the artificial intelligence (AI) world in the biggest way since OpenAI launched ChatGPT in late 2022.
The Dow Jones and S&P 500 pulled ahead on the stock market today. Tesla climbed while Microsoft sold off following earnings reports.