Meta sends mixed signals as quarterly sales beat estimates but outlook muted

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Meta sends mixed signals as quarterly sales beat estimates but outlook muted - Channel News Asia

Quick Summary:

:Meta Platforms fourth-quarter revenue beat Wall Street expectations on Wednesday but the company predicted sales in the current first quarter may not meet forecasts, sending mixed signals about how bets on pricey artificial intelligence-powered tools are paying off.

On Wednesday, Meta said it expected total expenses for 2025 to be in the range of $114 billion to $119 billion, up from a total of $95 billion in 2024.

Zuckerberg said it was too early to tell how DeepSeek's emergence globally will impact Meta's investment and capital expenditure strategy.