News Formal

Meta set to report second-quarter earnings after the bell

  • 📰 nbcsandiego
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 51%

Nederland Nieuws Nieuws

Nederland Laatste Nieuws,Nederland Headlines

Meta is expected to show continued improvement in its digital ads business when the company reports earnings on Wednesday.

Meta is expected to show revenue growth of about 20% for the second quarter as its digital ads business continues to recover.

While the company's core ad unit has been the primary driver of the stock, investors are increasingly focused on Meta's hefty spending on artificial intelligence and the metaverse. Like other tech giants, Meta has been pouring money into data center infrastructure and computing resources needed to train AI models and run massive workloads.

Wij hebben dit nieuws samengevat zodat u het snel kunt lezen. Bent u geïnteresseerd in het nieuws, dan kunt u hier de volledige tekst lezen. Lees verder:

 /  🏆 524. in NL
 

Bedankt voor uw reactie. Uw reactie wordt na beoordeling gepubliceerd.

Nederland Laatste Nieuws, Nederland Headlines

Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.

Meta set to report second-quarter earnings after the bellMeta is expected to show continued improvement in its digital ads business when the company reports earnings on Wednesday.
Bron: CNBC - 🏆 12. / 72 Lees verder »