Facebook-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.

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Silicon Valley stocks with buybacks are getting a lot of ...

But shares for Meta were down sharply in after hours trading on Wall Street on Wednesday, with investors concerned about ...

Though Snap's growth accelerated, it still fell behind that of Meta, which reported 27% growth in its better-than-expected ...

There are several ways to build a massive business here,” Meta CEO Mark Zuckerberg told investors Wednesday in an attempt to ...

Revenue at Amazon Web Services increases to $25bn as retail giant releases earnings report surpassing Wall Street ...

Tesla shares rocketed higher ... has moved between gains and losses Wednesday ahead of more big-tech earnings. Meta is due to report results after the market close, with Microsoft and Google ...

Snap is also benefiting from advertisers looking to reduce dependency on Google and Meta,' analyst says Shares of Snap Inc. rocketed higher after hours on Thursday after the social-media platform ...

Snap now expects second-quarter revenue between $1.23-billion and $1.26-billion, above analysts’ estimates of $1.22-billion, ...

Its net profit in the January to March period rose to US$12.4 billion (S$16.9 billion) Read more at straitstimes.com.

But shares for Meta were down nearly 17 percent in after hours trading on Wednesday, with investors concerned by signs that expenditure was creeping back up. Because of investments in AI ...