Meta Platforms (FB); Former Facebook

[behappyalways]

Meta Soars After Blowing Away Estimates, Hikes Capex Forecast
https://www.zerohedge.com/markets/meta- ... x-forecast

[winston]

not vested

Meta on Wednesday (Apr 30) reported quarterly profits that were well above expectations, brushing aside market worries that its heavy investments in cloud computing and artificial intelligence (AI) would hamper growth.

The company reported a US$16.6 billion profit in the first three months of the year on revenue of US$42.3 billion, with business spending on ads remaining strong.

Source: Phillips

[behappyalways]

$META Ray-Ban glasses now spy on you constantly with no real option to opt out
https://x.com/Mayhem4Markets/status/1917957847255777439

[winston]

not vested

Meta Platforms, Inc.

After Wednesday’s market close, Meta Platforms announced a strong first quarter.

Earnings climbed nearly 37% to $6.43 per share, up from $4.71 a year ago.

Revenue rose almost 16% to $42.31 billion.

Analysts expected $5.21 earnings per share on $41.36 billion in revenue, so profits came in more than 23% higher, and sales beat forecasts by about 2%.

A big part of the boost came from ads. Meta’s ad impressions – how often people saw ads on Facebook, Instagram, and other platforms – rose 5% from a year ago.
And the average price per ad went up 10%. More users are also logging on. Daily active people rose 6% to 3.43 billion.

For the second quarter, Meta forecasts revenue between $42.5 billion and $45.5 billion.

The company is doubling down on its AI investments, too. It now plans to spend between $64 billion and $72 billion in 2025 – more than its earlier estimate of $60 to $65 billion.

Most of that money will go toward building new data centers to power its growing suite of AI tools.

Source: Market 360

[winston]

not vested

Meta Platforms Inc will begin showing ads inside its WhatsApp messaging service, opening a new potential revenue stream while the company invests heavily in artificial intelligence and other long-term projects.

The ads will appear in WhatsApp’s “Updates” tab, a section of the app that’s separate from a user’s inbox and private conversations.

The tab gets 1.5 billion visitors per day, Meta said on June 16.

That tab is home to Status, WhatsApp’s version of disappearing Stories, which will now carry ads.

Advertisers can also pay to promote their WhatsApp Channel and give it prominent placement within the Updates tab.

Channels allow brands or celebrities to post to a group of followers, like a giant email blast.

As part of the advertising push, WhatsApp will also let Channel operators sell subscriptions, meaning they can create special messages just for a group of paying customers.

Meta won’t take a cut of any subscriptions sold through the app at launch, but eventually plans to charge 10 per cent of sales, Ms Alice Newton Rex, vice-president of product at WhatsApp, said in an interview.

Source: Phillips

[behappyalways]

Meta Takes $3.5 Billion Stake In EssilorLuxottica To Accelerate AI Smart Glasses Push
https://www.zerohedge.com/technology/me ... asses-push

[winston]

not vested

Meta reported robust second-quarter financial results on Wednesday, with revenue jumping 22 per cent year-over-year to US$47.5 billion as the social media giant continues investing heavily in artificial intelligence.

The Facebook and Instagram owner’s share price soared as much as 12 per cent in after-hours trading, with investors buoyed by the company’s growing advertising business and a rise in users across its family of platforms.

Source: Phillips

[behappyalways]

It looks like $META’s depreciable life on its capital base ($210B at 6/30/25) was 11-12 years, as of the 2Q. If the true economic life on its GPU’s is actually 2-3 years, most of its “profits” are materially overstated.
https://x.com/RealJimChanos/status/1950690540095418561

[behappyalways]

How $META makes money
https://x.com/Mayhem4Markets/status/1951058911340990765


META Soars 10% To New All Time High After Smashing Estimates, Guiding Revenue, Capex Higher
https://www.zerohedge.com/markets/meta- ... pex-higher

[behappyalways]

Meta Found Guilty Of Eavesdropping On Period-Tracker App Users: Jury
https://www.zerohedge.com/political/met ... users-jury