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Meta profits soar but costs of AI cause worryFacebook-owner Meta on Wednesday said its quarterly profits soared last quarter, but worries about the cost of artificial ...
Meta said its global workforce now stood at 69,329, slightly more than last quarter, but down from a peak of more than 87,000 ...
Snap shares SNAP, +5.38% jumped 25% after hours on Thursday. As other much-larger competitors — like Alphabet Inc.’s Google and Meta Platforms Inc.’s Facebook and Instagram — pull in ...
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Meta profits soar but costs of AI cause worryFacebook-owner Meta on Wednesday said its quarterly profits soared last quarter, but worries about the cost of artificial intelligence saw its share price take a hit on Wall Street. The company ...
But shares for Meta were down sharply in after hours trading on Wall Street on Wednesday, with investors concerned about expenditure creeping back up.
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