Meta surges after Q2 results blow past expectations
META’s artificial intelligence’s sprequency seems to be encountering investors who rise in the company’s shares after the explosion report every three months.
The California -based company Menlo Park easily defeated Wall Street’s second quarter expectations, helping a user base growing on higher advertising revenue and flagship social media platforms. Money helps to finance the company’s major investments in AI development and to hire the best skills at dazzling compensation levels.
Forrester Research Director Mike Proulx said, “Meta not only takes steps that can be shown by AI, but also if the application family is affected by the current Anti-TruST case or changes their social media feelings, it also helps future evidence as a growth company,” he said.
Meta is now waiting for an antitröst case that is now waiting for a judge’s decision and can force the company WhatsApp and Instagram to break it.
The company won $ 18.34 billion per share (A28.50 $) or $ 7.14 per share during the April-June period. This increased by $ 13.47 billion per share (A20.93 billion) or $ 5.16 per share (A8.02 $) per share in the same period of the previous year.
The revenue rose from $ 39.07 billion (A60.71 billion) to $ 47.52 billion (A73.84 billion).
According to a survey conducted by Flagset, analysts expect Meta to earn $ 5.88 (A9.14 $) with $ 44.81 billion (A69.63 billion) per share.
The daily active user base in Meta’s applications was 3.48 billion, an increase of 6.0 percent, an increase of 6.0 percent.
Meta said he expects the costs to increase because he attracted highly compensated employees while spending billions of spending on infrastructure and working in AI ambitions. 2025 expenses will be in the range of USD $ 114 billion ($ 177 billion) to $ 118 billion ($ A183 billion) with an increase of 20 % to 24 percent annually.
In the last demonstration of AI enthusiasm, CEO Mark Zuckerberg published a note on Wednesday, which detailed his views on “personal super -siperism ,, which he believes that humanity would help to accelerate our progress”.
He did not detail how it would be achieved or exactly what “supergiz” meant, while saying that the Superintelligigence is now “apparently”.
The abstract idea of “Superintelligigence ği is what competitors call artificial general intelligence or network. In 2021, the latest Pivot for a technology leader who made everything in Metaverse, changes the name of the company and invests billions of investments.
“The vision of Meta is to bring personal superity to everyone. Zuckerberg wrote.
“This is different from the others in the sector that believes that all valuable works in the sector should be directed to the center of the sector, and then will live on a donut of the output of humanity.”
In a conference meeting, Zuckerberg said that his glasses would be the main way to integrate super -sipering ”.
Last month, Meta invested 16.3 billion dollars (A22.2 billion dollars) on the AI company scale and hired Alexandr Wang, CEO to participate in a team that developed “Super -Superingance .. The technology giant made a 20 -year agreement at the beginning of June to secure nuclear energy to meet the increasing demand for AI and other information processing needs.
Meta ended the quarter with 75,945 employees with an increase of 7.0 percent compared to the previous year.
Meta’s shares, $ 81.87 in USD (A127.22 $) or an increase of 11.8 percent to $ 777.08 (A1,207.55 $) increased, after the opening of the stock market on Thursday to reach a record level in post -time transactions to reach a record level.
Australian Associated Press is a beating heart of Australian news. AAP has been the only independent national Newswire of Australia and has been providing reliable and fast news content to the media industry, the government and the corporate sector for 85 years. We inform Australia.
