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Meta earnings recap: Stock tumbles 9% after big tax charge and plans to spend even more on AI
A $15.9 billion tax charge dragged down Meta's earnings last quarter. Mark Zuckerberg announced plans to spend even more on ...
Meta’s stock slid in after-hours trading Wednesday after the tech giant posted strong third-quarter results but warned that ...
AI is booting engagement across Meta's social media platforms and driving interest in Meta glasses, but it comes at the cost ...
The Silicon Valley company projected more spending this year and said it would continue in 2026 as it hires A.I. researchers ...
Meta’s third-quarter net profit dropped by 83% due to a tax charge implemented as part of President Donald Trump’s One Big Beautiful Bill Act. The tech giant generated $51 billion in revenue for the ...
Meta Platforms, Inc. is upgraded to Buy after Q3, despite initial market overreaction to a non-recurring tax charge. Learn ...
About an hour after Meta, Microsoft and Alphabet delivered quarterly earnings, shares in the latter were up 5.5 per cent in ...
Meta sinks on surprise tax hit, while Alphabet rallies on AI-fueled cloud strength. Microsoft beats, but investors want more.
Mark Zuckerberg, Meta's CEO, emphasized the company's AI advancements during the earnings call. He stated, "We had a strong quarter driven by AI progress across our apps and business," highlighting ...
Live Updates Live Coverage Updates appear automatically as they are published. Get The Best Meta Live Earnings Coverage Like ...
The Facebook-parent shares fell more than 8% in after-hours trading following a mixed earnings report that reflected the ...
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Alphabet stock rose more than 4% after reporting Q3 earnings above expectations
Alphabet’s stock surged by more than 4% in after-hours trading on Wednesday after the company reported third-quarter ...
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