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The Latest Breaking News from Meta

Meta Profits Soar But Costs Of AI Cause Worry

The company founded by Mark Zuckerberg said that net profit in the January to March period rose to $12.4 billion with total revenue, mainly from selling ads, up an impressive 27 percent, at $36.5 billion.

Meta Stock Drops 16% In Frankfurt Amid Revenue Forecast

Meta Stock Drops 16% In Frankfurt Amid Revenue Forecast

Meta shares plummeted 16% in Frankfurt due to increased AI spending and revised revenue forecast, sparking concerns about future financial performance.

You won't get an affordable Apple Vision Pro in 2025, but there's a perfect VR headset you can buy now

You won't get an affordable Apple Vision Pro in 2025, but there's a perfect VR headset you can buy now

You don't have to pay $3,500 for the Apple Vision Pro, and you don't have to wait any longer for an affordable version. Here's why you should consider the Meta Quest 3 and Meta Quest 2.

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Asian Markets Mixed As Global Rally Stalls, Eyes On Yen

Asian equities were mixed Thursday as investors turned cautious after the past three days' sizeable gains, with Meta's warning that it will spend far more than expected this year fuelling worries that the latest tech-led rally may have gone too far.

International Business Times

Meta's new spatial framework could transform Horizon OS into a true Apple Vision Pro competitor

Horizon OS is getting a new spatial framework that will let mobile developers easily bring existing or new apps over to Meta's Quest headsets or any new headsets running Horizon OS.

Meta Q1 2024 earnings highlight AI focus amid strong Quest sales

Meta released its Q1 2024 earnings on Wednesday, beating revenue expectations with increased ad spend and strong Quest sales.

Android Central

Meta Forecast Impacts Tech Peers In Extended Trade

Meta Platforms Inc.'s disappointing forecast causes stock price declines in tech industry, raising concerns about future growth prospects.

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Meta Sees Profits Soar In First Quarter

Meta Sees Profits Soar In First Quarter

Facebook-owner Meta on Wednesday said its quarterly profits soared last quarter as the company continues to see stellar ad growth across its family of world-leading social media apps.

International Business Times

Dow Jones Futures Fall As Meta Dives, Chipotle Eyes Buy Point; Key Economic Data Due

Dow Jones Futures Fall As Meta Dives, Chipotle Eyes Buy Point; Key Economic Data Due

The rally attempt paused Wednesday as Nvidia reversed lower. Meta, Chipotle and ServiceNow led key earnings late.

Investors Business Daily

Meta Increases 2024 Expenses To Boost AI Development

Meta Increases 2024 Expenses To Boost AI Development

Meta, formerly Facebook, increases expenses to advance AI technologies, enhancing user experiences and staying competitive in the digital landscape.

Meta says revenue will be weak as it spends even more on AI

Meta says revenue will be weak as it spends even more on AI

Push to integrate AI into Meta products boosts financial results, with sales and profits beating analysts’ expectations

The Guardian - US

IAB Makes Three Appointments to Its Leadership Team

IAB Makes Three Appointments to Its Leadership Team

The group fills key positions with Cintia Gabilan as VP of Media Center, Arlene Mu, assistant general counsel, and Nadine Karp McHugh, executive in residence

Meta Stock Crashes Despite Strong Report. 'AI Fever Claims Yet Another Victim.'

Meta Stock Crashes Despite Strong Report. 'AI Fever Claims Yet Another Victim.'

Meta stock sank late Wednesday, despite the social media giant reporting a better-than-expected Q1.

Investors Business Daily

Stock Market Today: Stocks Run Out of Steam Ahead of Meta Earnings

Stock Market Today: Stocks Run Out of Steam Ahead of Meta Earnings

The Dow Jones Industrial Average snapped a four-day winning streak after Boeing's first-quarter results.

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TikTok Ban Passes Ahead of Meta Earnings: What To Know

Lawmakers voted in favor of banning social media platform TikTok just ahead of rival Meta Platforms' earnings report.

Investors Business Daily

Biden Signs TikTok Sell-Or-Ban Bill. Here's What It Could Mean For Meta, Google, Oracle.

President Biden signed the TikTok sell-or-ban bill. Here's what analysts say it could mean for Meta, Google, Oracle.

Investors Business Daily

Indexes Mixed As Meta Crashes On Earnings; Tesla Jumps On Musk's 'Cheap Car' Target

The Dow Jones and other indexes tried to keep the rally going early Wednesday. Tesla soared after CEO Musk signaled an entry into new markets soon.

META Q1 Earnings Preview: Will Meta Platforms Go the Way of Tesla, or Netflix?

Meta Platforms will release its Q1 earnings after the bell today. Will the stock hit new record highs after the report, as it did after its previous earnings call - or plunge, like its FAANG peer Netflix?

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Investors Business Daily

Dow Jones Falls As Boeing, Tesla Jump On Earnings; Meta Earnings Next

Stock Market Today: The Dow Jones fell Wednesday as Boeing and Tesla jumped on earnings. Meta earnings are due late.

A huge Meta AI update finally arrives on Ray-Ban Meta smart glasses... for some

Your Ray-Ban Meta smart glasses finally got the Meta AI update we've been waiting for, in the US and Canada only.

Stock Market Today: Stocks lower with Meta earnings on deck; Tesla soars

Wall Street is looking to extend its recent rally ahead of the first of the Big Six big tech earnings after the closing bell.

Nasdaq Futures Rise on Tesla Boost, Meta Earnings in Focus

June Nasdaq 100 E-Mini futures (NQM24) are trending up +0.53% this morning as Tesla surged on new EV promises and investors looked ahead to the next round of corporate earnings.

Investors Business Daily

Dow Jones Futures: Tesla, AI Play Surge On Earnings, Meta Looms

A rally attempt is underway. Tesla and AI play Vertiv were big earnings winners. Meta and ServiceNow loom tonight.

International Business Times UK

Elon Musk Woes Continue: Meta Threads Poised to Overtake X

Meta's Threads challenges X (formerly Twitter) in the US with a positive user experience focus but faces an uphill battle against X's 550M users.

Android Central

Ray-Ban Meta smart glasses just got a huge AI boost and video calling support

In a massive update, Meta added video call and multimodal AI support to its Ray-Ban smart glasses, and is offering a new frame option too.

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