Meta Crushes Wall Street Earnings Estimates As It Ramps Up AI Spending ...Middle East

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Meta Crushes Wall Street Earnings Estimates As It Ramps Up AI Spending
source : NY Times News ( Middle East ) () 45
Meta Platforms Inc., the owner of Facebook, Instagram and WhatsApp, handily beat Wall Street estimates in its third-quarter earnings, delivering revenue of $40.6 billion, net income of $15.7 billion and earnings per share of $6.03, all up substantially from 2023. The Street had been targeting revenue of $40.3 billion and EPS of $5.25. However, the […] The post Meta Crushes Wall Street Earnings Estimates As It Ramps Up AI Spending appeared first on NY Times News Today.

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