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Meta Q2 earnings recap: Stock surges 12% after hours on strong results as AI talent costs heat up

Meta's strong earnings report sent its stock soaring after hours. The company also made it clear that the AI talent wars come with a hefty price tag.

Associated Press News on MSN · 2d

Meta stock surges after Q2 results blow past expectations despite heavy AI spending

In the midst of an artificial intelligence spending spree, Meta posted stronger-than-expected results for the second quarter, buoyed by growing ad revenue even as its expenses increased.

24/7 Wall St. on MSN · 7h

As Meta Surges 12%, Is the Tech Stock a Good Option for Baby Boomers?

Recent Q2 earnings reports have brought unexpected good news for both Meta (META) and Microsoft (MSFT). The stronger-then-expected reports have caused a broader market rally, pushing tech index Nasdaq to new record levels.

3hon MSN

Analysts revamp Meta price target after earnings

Looking ahead to the third quarter, the analysts noted that guidance suggests higher AI investment spending, albeit supported ...

4h

Mark Zuckerberg just had a $20 billion week, with Meta's earnings beat sending his net worth soaring to new heights

Meta CEO Mark Zuckerberg saw his fortune surge to an all-time high following blockbuster second-quarter earnings on Wednesday ...

58mon MSN

Nvidia CEO Jensen Huang Just Gave Meta Investors Great News -- or Did He?

Beyond Huang, another technological visionary who is worth paying close attention to is Mark Zuckerberg, the CEO of Meta ...

23hon MSN

Meta to share AI infrastructure costs via $2 billion asset sale

Meta Platforms is pressing ahead with efforts to bring in outside partners to help fund the massive infrastructure needed to ...

2don MSN

Meta Shares Soar as Ad Business Continues to Fuel AI Ambitions

The company held its top capital-spending projections steady for the first time this year, an issue investors have watched ...

2don MSN

Zuckerberg signals Meta won’t open source all of its ‘superintelligence’ AI models

Meta is shifting how it plans to ensure widespread access to superintelligence, a suggestion that the company’s most advanced ...

2don MSN

Meta shares jump as AI fuels ad sales, outweighing big capital costs

Meta Platforms forecast third-quarter revenue well above analysts' estimates on Wednesday, as artificial intelligence once ...

1don MSN

Your chats with Meta's AI might end up on Google — just like ChatGPT until it turned them off

Meta lets you share your chats with its AI bot to a public feed. Google can index that feed — and make your searchable and ...

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