Meta posts sharply higher Q4 profit, revenue, topping Wall Street's expectations
Meta Platforms Inc. posted sharply higher profit and revenue for its fourth quarter on Wednesday, thanks to higher ad revenue on its social media properties, sending its shares up in after-hours trading even as it forecast increasing expenses on its artificial intelligence efforts.
Meta Blows Past Q4 Expectations With Record Revenue and Profit as Zuckerberg Touts Massive AI Investment
Meta reported record quarterly revenue and net profit for Q4 2024 as it looks to massively boost spending on AI in 2025.
Meta Smashes Earnings Expectations in Q4, Mark Zuckerberg Touts “U.S. Administration That Is Proud of Our Leading Companies”
Meta Platforms Inc., the parent company of Facebook and Instagram, revealed a blowout Q4 in its latest earnings report, but warned Wall Street that its capital expenditures will soar in 2025, partly due to its investment in generative AI technology.
Wall Street weighs on Meta's outperformance in Q4 driven by AI efforts, ad market dominance
On Wednesday after the bell, Meta (META) reported fourth-quarter results, where it topped forecasts for revenues, profit, and users.
Meta Q4 2024 Profit Up 49% At $20.8 Billion, No Impact of Content Moderation Removal On Ad Spends: CFO
Meta witnessed a 49% year-on-year growth in profit in Q4 2024; ad revenue grew 21% despite changes easing content moderation.
Meta’s Q4 profits exceed Wall Street’s expectations
Meta's fourth quarter profits rose to $48.39 billion thanks to higher ad revenue on its social media properties.
Stock market today: Meta Platforms rallies as most of Wall Street ticks higher
Most U.S. stocks are ticking higher following a rush of profit reports from some of the country’s most influential companies. The S&P 500 was up 0.2% in morning trading. The Dow Jones Industrial Average was up 150 points,
Meta Earnings Beat Amid AI Push. Wall Street: 'Meta Has Earned The Right To Invest.'
Wall Street continues to cheer higher investments in artificial intelligence as a long-term growth driver for Meta stock amid Q4 earnings.
META Earnings: Meta Platforms’ Financial Results Top Wall Street Forecasts
Social media giant Meta Platforms (META) has reported fourth-quarter 2024 financial results that beat Wall Street forecasts on both the top and
Wall Street analysts generally bullish on Meta's AI focus following earnings beat
CNBC's Julia Boorstin reports on Meta's quarterly earnings results. DC plane crash live updates: No survivors expected, soldiers had night vision goggles 13 Bad Work Habits That Make You Seem Unprofessional—and How to Break Them Historic asteroid sample reveals the ‘building blocks of life are in fact extraterrestrial in origin,
Meta Platforms leads most of Wall Street higher
U.S. stocks are mostly rising following a rush of profit reports from some of the country’s most influential companies.
Meta Q4 Beats On Top & Bottom Lines Amid AI Jitters, Reported Legal Settlement With President Trump
Meta beat on key fourth quarter numbers but forecasts for the current first quarter disappointed. Founder-CEO Mark Zuckerberg ...
Meta Platforms (META) Q4 2024 Earnings Call Transcript
At this time, I would like to welcome everyone to the Meta fourth quarter and full year 2024 earnings conference call. All ...
Buy, Sell, Or Hold META Stock At $690?
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 Platforms Q4 strong but outlook ‘more mixed,’ says JPMorgan
JPMorgan says Meta Platforms (META) reported strong Q4 results with an outlook that is “more mixed,” largely due to higher expenses, and framed ...
Microsoft shares slide on cloud outlook; Meta up after Q4 beat
Microsoft shares fell in Europe on Thursday after it issued a downbeat forecast for its cloud business, while Facebook parent ...
Marketing Dive2h
Meta’s AI tools attract more advertisers as tech enters ‘defining’ year
More than 4 million advertisers are now using the company’s generative AI offerings while Meta is working to streamline its Advantage+ ad products.
Meta Platforms’ Robust Q4 Performance and Promising Future Drive Buy Rating
Analyst Brian White from Monness maintained a Buy rating on Meta Platforms (META – Research Report) and increased the price target to $775.00 ...
Meta Platforms Sales Soar to Record, Bolstering Zuckerberg’s AI Spending Spree
Revenue grows to $48.4 billion, helping fuel the chief executive’s bets on augmented reality and artificial intelligence.