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The Latest Breaking News from Susan Li

Meta Plans Data Center Asset Sale Worth Nearly $2 Billion To Fund Next Phase Of AI Development

Meta Platforms Inc. (NASDAQ:META) has decided to share the burden of its skyrocketing AI infrastructure costs by selling $2 billion in data center assets, as the company braces for capital expenditures that could exceed $100 billion in the coming years.

Benzinga

News Weekly: Samsung's trifold lands this year, Ray-Ban Meta glasses sales soar, massive Pixel 10 leak, and more

Samsung confirms that its XR headset and trifold will launch this year, Meta's Q2 earnings soar, Qualcomm says Xiaomi will be the first to get its next Elite chipset, and more.

Android Central

Chamath Palihapitiya Weighs In On Meta's AI Ambitions As Energy Bottlenecks Emerge As The True Limiter

Venture capitalist Chamath Palihapitiya highlighted energy constraints as the primary barrier to artificial intelligence expansion, responding to concerns about Meta Platforms Inc. (NASDAQ:META) facing infrastructure bottlenecks despite massive capital expenditure plans.

Benzinga

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Jim Cramer Says Zuckerberg And Nadella Are Smarter Than His Once Admired Goldman Sachs — 'My Head Is Spinning' After Meta, Microsoft Earnings

On Wednesday, Jim Cramer lauded the leadership of Meta Platforms, Inc. (NASDAQ:META) and Microsoft Corporation (NASDAQ:MSFT), saying the visionary brilliance of Mark Zuckerberg and Satya Nadella surpasses even the most elite minds he encountered at Goldman Sachs.

Benzinga

Meta CFO Susan Li Says Company May Tap External Financing For 2026 AI Infrastructure As CapEx Heads Toward $100 Billion

Meta Platforms Inc. (NASDAQ:META) may look to outside partners to help finance its ballooning infrastructure investments in 2026, as it ramps up spending on artificial intelligence and data centers.

Benzinga

Meta's Q2 earnings continue to soar as AI fuels its ad revenue

Meta reported a strong financial Q2, as the total revenue saw an increase of 22% year over year.

Android Central

Meet the 10 CFOs on Fortune’s 2025 Most Powerful Women in business list

The list features 100 leading businesswomen from finance, tech, health care, telecom, retail, energy, and other industries.

Fortune

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Pinterest Follows Meta And Reddit With Upbeat Ad Outlook Despite Tariff Fears

Meta stock, Reddit and Pinterest were hit hard by tariff fears. But the companies each offered upbeat views for Q2 sales.

Investors Business Daily

Stock Market Today: Dow, S&P 500 Extend Win Streaks to 8

Strong earnings results for Magnificent 7 stocks Microsoft and Meta fueled upside in the equities market.

Kiplinger

Meta's Q1 2025 earnings show major AI priority shift, Ray-Ban success

Zuckerberg laid out Meta's 'five major opportunities' for growth while discussing their outlook on tariffs, Meta AI, and major Ray-Ban glasses growth.

Android Central

Threads Takes On X, Bluesky With New Search Options: 'Making It Easier For You'

Meta is rolling out new search features for its Threads platform to compete with X and Bluesky. Here are the details and why it's important.

Benzinga

Meta tops revenue targets but warns of 'significant' cap ex spending next year

The owner of Facebook, Instagram and WhatsApp saw revenue and users grow, yet Wall Street was not excited.

Fortune

Meta rides AI boom to stellar quarterly earnings, but slightly less than expected

Company beats financial predictions but does not increase daily users as much as Wall Street thought it might

The Guardian - US

Meta Stock Falls Despite Strong Quarter. Why Zuckerberg Is Keeping Up The AI Spending Spree.

Meta stock was trading lower late Wednesday after the Facebook parent reported Q3 earnings ahead of views.

Investors Business Daily

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Fortune

Meet the 9 CFOs on Fortune’s 2024 Most Powerful Women list

The list of 100 executives spans the globe.

Android Central

Meta Q2 2024 earnings call highlights AI successes and a $50 billion problem

Here's everything we learned about Meta's AI plans, its Reality Labs losses, and more.

Fortune

Some of the youngest Fortune 500 CFOs share an interesting common thread: They're homegrown talent

Fortune highlights finance chiefs reaching the C-suite before turning 40.

Fortune

Meet 7 Fortune 500 CFOs under 40

The list has some rising stars, including a former professional tennis player.

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news in one place.

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Android Central

Meta Q4 2023 earnings report shows record-breaking Quest 3 sales, ad profits

Meta is still losing billions every quarter on Reality Labs and AI investments, but its ad revenue was so absurdly high that it still made more money than ever.

Investors Business Daily

Why Chinese E-Commerce Giant Temu's Challenge To Amazon Is Boosting Meta

Temu's big spending on Facebook and Instagram ads has captured the attention of Meta stock analysts on Wall Street.

Barchart

Here's Why Meta Platforms Is the Top AI Stock to Watch Right Now

The Magnificent Seven stocks have been driving the market higher this year, thanks to investor optimism over massive artificial intelligence growth. While all of these stocks have made significant strides with AI, Meta shares might be the best of the group - here's why.

Investors Business Daily

IBD Stock Of The Day: Meta's Earnings Show Facebook Parent's AI Promise

Meta is IBD Stock of the Day. Shares have gained 152% this year, one of the best performers in the S&P 500.

Fortune

Mark Zuckerberg's $46.5 billion loss on the metaverse is so huge it would be a Fortune 100 company—but his net worth is up even more than that

Metaverse losses since 2019 are greater than the annual revenue of companies such as Best Buy, but Zuckerberg is worth $59 billion more than he was in January.

Barchart

With Zuckerberg's 'Year of AI' Still Ahead, Should You Buy or Sell Meta Stock After Earnings?

Meta Platforms released its Q3 earnings late Wednesday, and Wall Street is selling the news. Notably, the Mark Zuckerberg-led company sees AI as its key focus area for 2024, after having previously touting 2023 as the "year of efficiency."

Fortune

Fortune's 2023 Most Powerful Women list is here

Execs from Meta, Chanel, CVS Health and more appear on Fortune's Most Powerful Women list.

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