$META Net income Q3 2023 11,58

$META

Net income Q3 2023 11,583 USD - Q3 2024 15,688 USD +35,43% 🔥

Diluted EPS Q3 2023 4,36 USD - Q3 2024 6,03 USD +38,30% 🚀🚀🚀

This company is printing money like crazy 💰💰💰💰💰

Meta Platforms Q3 2024 Adj. EPS $6.03 Beats $5.25 Estimate, Sales $40.589B Beat $40.286B Estimate

MSFT and META Boost AI Spending: How Do You View This Earnings?

AI bolsters Microsoft's Q3 Azure revenue, which increased by over 30%, but a slowdown in growth is expected for Q4 along with increased AI spending, leading to a drop of over 3% in after-hours trading. Meta's revenue slightly exceeded expectations, but AI losses worsened, with warnings of substantial future increases, and a significant rise in capital expenditures is anticipated next year. As a result, Meta also fell over 3% in after-hours trading. -------------- How do you view the two giants' earnings?

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