Mark Zuckerberg

3 months ago

Meta Reports Q1 Earnings Beat, Raises Capital Expenditure

Meta (META) posted its first-quarter results after the bell on Wednesday, exceeding expectations on both earnings and revenue. Despite concerns about a potential advertising slowdown amid tariff uncertainty, the company raised its

meta's-$14.8-billion-investment-in-scale-ai-what-it-means

Tech

2 months ago

Meta’s $14.8 Billion Investment in Scale AI: What It Means

Meta’s Strategic Move into AI Meta Platforms (META) has agreed to acquire a 49% stake in artificial intelligence startup Scale AI for $14.8 billion. The deal, which is still awaiting finalization, is

meta-surges-on-ai-spending,-but-analysts-eye-valuation

Tech

2 months ago

Meta Surges on AI Spending, But Analysts Eye Valuation

Meta Platforms Inc. continues its aggressive push into artificial intelligence, drawing investor support despite the growing size of its AI-related spending. The stock has soared nearly 45% from its April lows, buoyed

Meta Surges 10% After Earnings Beat and AI Push

Revenue and AI Strategy Fuel Investor Optimism Meta’s stock jumped over 10% after the company posted second-quarter earnings that topped Wall Street expectations. Revenue reached $47.52 billion, outpacing forecasts of $44.80 billion.

2 weeks ago

Investing

Meta Increases Executive Bonuses Amid Layoffs and Growth

Executives at Meta are set to receive bigger bonuses this year after the company approved an increase in the target bonus percentage for its annual executive bonus plan. According to a corporate

6 months ago

Business

Meta Lays Off 4,000 Workers in Latest Cost-Cutting Move

Meta is laying off thousands of employees as part of its latest push for higher productivity, according to a Business Insider report. The cuts, affecting about 5% of the company’s workforce, will

6 months ago

Business

Wealth and Power Collide at Trump’s Inauguration

What Happened The inauguration of Donald Trump as the 47th President of the United States on Monday was marked by the presence of the world’s wealthiest individuals, drawing comparisons to the annual

7 months ago

Investing