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Meta Blows Past Q4 Expectations With Record Revenue and Profit as Zuckerberg Touts Massive AI Investment
Meta turned in a big beat for the fourth quarter of 2024, with the parent of Facebook and Instagram reporting record quarterly revenue and net profit to close out the year. The strong results come as the company is looking ahead to a massive increase in AI-fueled capital spending in 2025 — and as Meta
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.
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
Wall Street weighs on Meta's outperformance in Q4 driven by AI efforts, ad market dominance
On Wednesday after the bell, Meta (NASDAQ:META) reported fourth-quarter results, where it topped forecasts for revenues, profit, and users. Q4 revenues grew 21% year-over-year to $48.39B, easily topping analyst consensus for $46.
23h
on MSN
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 ...
9h
on MSN
IBM stock jumps 12% after strong Q4 results, fueled by AI growth
IBM saw a remarkable 12% surge in its stock price on Thursday, driven by a strong fourth-quarter performance that showcased ...
22h
IBM Beats Q4 Estimates, Bets Big On AI With $2 Billion Generative AI Business
IBM delivered better-than-expected fourth-quarter results and unveiled its big bets on artificial intelligence strategies and ...
Marketing Dive
12h
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 ...
2d
on MSN
SAP Q4 sales boosted by Cloud revenue, appoints execs to advance AI strategy
SAP's (SAP) fourth quarter revenue beat estimates and the European tech giant expects accelerating cloud revenue growth in ...
9h
Meta Reports Strong Q4 Earnings, Zuckerberg Highlights AI and Ad Growth
Reflecting up to 15% annual growth, Meta projects first-quarter 2025 income between $39.5 billion and $41.8 billion ahead.
fingerlakes1
10h
Corning Inc. reports strong Q4 results fueled by AI
Corning Inc. posted record fourth-quarter 2024 core sales of $3.9 billion, an 18% increase year over year, surpassing Wall ...
2d
on MSN
IBM Q4 Earnings Ahead: AI momentum and Red Hat business in focus
Multinational technology company, International Business Machines (IBM) is scheduled to report its fourth quarter earnings ...
1d
Corning Beats On Q4: AI Boom Powers 51% Optical Sales Surge, Stock Climbs
Corning Inc GLW shares are trading higher after the company reported fourth-quarter 2024 results. Core sales grew 18% year-on ...
2d
Meta to announce Q4 earnings amid AI spending spree
Shares of Meta are up 65% over the last 12 months.
16h
Tsai Capital’s Q4 2024 Investor Letter
Tsai Capital, an investment management company, released its fourth quarter investor letter. Tsai Capital celebrated 25 years ...
13h
on MSN
Celestica surges as Q4 results, outlook strengthened by AI spending
Celestica (CLS) shares rose more than 14% in early trading on Thursday on the back of strong results. Read for more.
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