Reported 1 day ago
Meta Platforms (META) reported earnings for Q2 that surpassed expectations, posting an EPS of $7.14 and revenue of $47.5 billion, prompting an 8% rise in stock value. The company anticipates Q3 revenue between $47.5 billion and $50.5 billion, exceeding Wall Street predictions. As part of its aggressive investment in AI, including hiring key talent and expanding data infrastructure, CEO Mark Zuckerberg outlined Meta's vision for personal superintelligence technology, indicating promising prospects for revenue growth.
Source: YAHOO