Meta blows past Q4 estimates, expects up to $119B in 2025 expenses
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Meta Platforms (META) outpaced earnings and revenue expectations for the fourth quarter as the social media giant published revenue of $48.39 billion (vs. expectations for $46.98 billion) and adjusted earnings per share of $8.02 (vs. expectations for $6.78).
Market Domination Overtime Anchors Josh Lipton and Julie Hyman are joined by Interactive Brokers chief strategist Steve Sosnick as they report the breaking details, including Meta's full-year expense forecast of $114 billion to $119 billion, which many experts expect to go toward artificial intelligence (AI).
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This post was written by Luke Carberry Mogan.
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