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Meta's stock jumps into record territory, as earnings blow past expectations
Meta posted a second-quarter profit that beat expectations by a wide margin, and revenue that topped forecasts for a 12th-straight quarter, as active users, ad impressions and ad prices all rose. The company also provided a revenue outlook for the current quarter that was better than forecast.
Meta raced to a new all-time high on Wall Street, with the parent company of Facebook and Instagram seeing its share price ...
The jury got to decide how seriously Big Tech takes privacy, the attorney for a class of Flo users said in closing arguments.
Key Takeaways Shares in Meta Platforms rose to start the week ahead of the tech giant’s highly anticipated quarterly earnings ...
Along with its strong quarter where it beat expectations, Meta spend $9.756 billion buying back its own stock.
Meta Platforms forecast third-quarter revenue well above analysts' estimates on Wednesday, as artificial intelligence once ...
If the company’s core business continues growing at the current rate and its Superintelligence efforts gain traction, ...
In its Q2 2025 earnings report, Facebook reported that Reality Labs lost $4.5 billion during the quarter. This is compared to ...
In 2016, Meta — then known as Facebook — pledged nearly $30 million fund to affordable housing, as part of its negotiations with Menlo Park to expand its footprint there.
The FTC fined Facebook $5 billion in 2019 after finding that it failed to comply with a 2012 agreement with the regulator to ...
Meta’s Facebook must face a consumer protection lawsuit brought by the District of Columbia's attorney general accusing the ...
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