NurPhoto / Contributor / Getty Images Meta shares lost ground Monday amid reports of job cuts and indications the social media giant could face a probe by European regulators over its efforts ...
Meta Platforms beat estimates on the top and bottom lines. However, investors were skeptical of the company's plan to increase spending again. CEO Mark Zuckerberg continues to see a big ...
Meta’s move into the open social web, also known as the fediverse, is puzzling. Does the Facebook owner see open protocols as the future? Will it embrace the fediverse only to shut it down ...
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Shares in Meta plunged Thursday, as the Facebook owner’s plans to “invest aggressively” in artificial intelligence spooked investors. The stock fell as much as 15% to $421.40 when the Nasdaq ...
Jerome Pesenti has a few reasons to celebrate Meta’s decision last week to release Llama 3, a powerful open source large language model that anyone can download, run, and build on. This is an ...
Meta reported revenue and profits that easily surpassed expectations. However, it was the company's spending plans that spooked investors. Meta plans to increase its capital expenditures to ...
Meta (META) reported its first quarter earnings on Wednesday, and while it beat analysts' expectations on the top and bottom lines, a disappointing Q2 forecast sent shares of the social media ...
The late-day slump in Meta's stock value was just short of the $232 billion one-day loss suffered on Feb. 3, 2022, which was the record one-day loss of market capitalization for any U.S. company.
Meta Platforms disappointed investors on Wednesday with forecasts of higher expenses and lighter than expected revenue, evaporating $200 billion in stock market value and raising fears that the ...