Meta’s Reality Labs unit recorded an operating loss of $4.97 billion while generating $1.1 billion in sales during the fourth ...
Meta Platforms expects its sales in the first quarter of 2025 to be around $39.5 billion. The figures fall short of the $41.7 ...
The Silicon Valley giant was criticized for giving away its core A.I. technology two years ago for anyone to use. Now that ...
Reality Labs of Meta, focused on metaverse tech, has reportedly suffered a staggering $5 billion loss. raising several questions ...
Meta's chief technology officer, Andrew Bosworth, told employees in an internal post that the company was seeing "massive sales growth in wearables." ...
Meta is now spending tens of billions on AI, and there is a war going on between the Big Caps on who can pour the most money into AI. DeepSeek also didn’t hurt Meta as much, and the recent full-year ...
Meta Platforms posted robust earnings, surpassing expectations due to gains in AI-driven advertising, despite challenges with Reality Labs.
Meta shares were up slightly in after-hours trading on Wednesday after the company reported fourth-quarter earnings that beat ...
Meta's Quest 3 virtual reality headset offers standalone immersion and compelling mixed reality experiences that put it a ...
Raymond James analyst Josh Beck maintained a Buy rating on Meta Platforms (META – Research Report) today and set a price target of $800.00. The ...
Meta said earnings per share were up annually by 50% to $8.02, versus Wall Street’s consensus estimate of $6.76.
Meta's Reality Labs division has lost the company more than $60 billion since 2020 as investors and analysts question whether ...