Meta Just Crushed Earnings. Is It a Better Buy Than Alphabet? @themotleyfool #stocks $META $GOOGL $GOOG

Meta Just Crushed Earnings. Is It a Better Buy Than Alphabet? @themotleyfool #stocks $META $GOOGL $GOOG

Meta jumped on its earnings report after it easily beat estimates.

Meta’s Stock Surges After AI-Boosted Ad Sales Overshadow CapEx Surge | The Middle East Observer

Meta Platforms delivered a bullish second-quarter performance and raised its third-quarter guidance far above Wall Street expectations, as artificial intelligence continues to turbocharge its advertising business. The news triggered an 11% jump in after-hours trading, adding around $152 billion in market value to Meta alone, in tandem with Microsoft’s gains that pushed combined AI-related stock value […]

Meta Platforms (META) Shares Decline

Shares of the US tech giant Meta Platforms (META) hit a record high last week, climbing above $780 following the release of a strong earnings report:→ Earnings per share (EPS) came in at $7.14, significantly exceeding the forecast of $5.88.→ The company also outperformed expectations on key metrics related to advertising growth.→ Additionally, the media has highlighted the growing importance of AI technology to Meta’s business.However, shortly a…

Meta and Microsoft Surge on Robust Earnings Amid AI Spending Boom

Shares of Meta rose 11%, while Microsoft’s stock climbed 4% on Thursday following better-than-expected quarterly earnings that beat both revenue and profit forecasts. Both companies have been heavily investing in artificial intelligence infrastructure and plan to maintain their high capital expenditures. Meta raised its full-year capital spending estimate to between $66 billion and $72 billion, up from a previous range of $64 billion to $72 bill…