Meta reports record profits and revenue in 2024, driven by ad growth and plans massive AI infrastructure investment.

Social media giant Meta on Wednesday reported surging profits and revenue for 2024, announcing ambitious plans to expand its ...

It reported sales of $48.4 billion and earnings of $8.02 per share, compared to the consensus estimates of $47.0 billion and ...

Social media giant Meta on Wednesday reported surging profits and revenue for 2024, announcing ambitious plans to expand its ...

Bank of America Securities analyst Justin Post reiterated a Buy rating on Meta Platforms (META – Research Report) today and set a price target ...

Maria Ripps, an analyst from Canaccord Genuity, maintained the Buy rating on Meta Platforms (META – Research Report). The associated price ...

Meta was able to keep 48 cents of every dollar of revenue in operating profit in the fourth quarter. The tax rate is falling.

AI chatbots have changed the way we work, think through problems, and discover information. While Apple Intelligence doesn’t offer ...

At this time, I would like to welcome everyone to the Meta fourth quarter and full year 2024 earnings conference call. All ...

Microsoft boss Satya Nadella (pictured) hailed the AI revolution as a 'massive opportunity' as he doubled down in the face of ...

Meta beat on key fourth quarter numbers but forecasts for the current first quarter disappointed. Founder-CEO Mark Zuckerberg ...

The tech giants vow to barrel ahead despite the jolt from China’s DeepSeek.