As an investor I'm more than h

As an investor I'm more than happy with their CAPEX. These expenses mean company invest in future which is AI driven economy. Meta no doubt is and will be one of the global leader.

Meta Projects Sharp Acceleration in AI Costs After Results Beat Wall Street Targets

Meta AI Now Has More Than 500 Million Monthly Active Users

Meta CEO announced that Meta AI now has more than 500 million monthly active users. The company also projected a sharp acceleration in AI costs and forecasted Q4 revenue to be between $45 billion and $48 billion. Meta's Q3 revenue was $40.59 billion, beating estimates. The CEO mentioned that Llama 4 models are training on a cluster that is bigger than 100,000 H100 GPUs per day.

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The company also projected a sharp acceleration in AI costs and forecasted Q4 revenue to be between $45 billion and $48 billion. Meta's Q3 revenue was $40.59 billion, beating estimates. The CEO mentioned that Llama 4 models are training on a cluster that is bigger than 100,000 H100 GPUs per day."}],"images":[],"coverImages":[],"html":"<html><head></head><body>As an investor I'm more than happy with their CAPEX. These expenses mean company invest in future which is AI driven economy. Meta no doubt is and will be one of the global leader.&nbsp;</body></html>","htmlText":"<html><head></head><body>As an investor I'm more than happy with their CAPEX. These expenses mean company invest in future which is AI driven economy. Meta no doubt is and will be one of the global leader.&nbsp;</body></html>","text":"As an investor I'm more than happy with their CAPEX. These expenses mean company invest in future which is AI driven economy. Meta no doubt is and will be one of the global leader.","highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/366069149409440","repostId":2479764632,"repostType":2,"repost":{"id":"2479764632","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"pubTimestamp":1730327317,"share":"https://www.laohu8.com/m/news/2479764632?lang=&edition=full","pubTime":"2024-10-31 06:28","market":"us","language":"en","title":"Meta Projects Sharp Acceleration in AI Costs After Results Beat Wall Street Targets","url":"https://stock-news.laohu8.com/highlight/detail?id=2479764632","media":"Reuters","summary":"Facebook owner Meta Platforms META.O beat analysts' estimates for third-quarter revenue and profit on Wednesday, but warned of \"significant acceleration\" in artificial intelligence-related infrastruct","content":"<html><head></head><body>Facebook owner <a href=\"https://laohu8.com/S/META\">Meta Platforms, Inc.</a> beat analysts&#39; estimates for third-quarter revenue and profit on Wednesday, but warned of &#34;significant acceleration&#34; in artificial intelligence-related infrastructure expenses.<img src=\"https://community-static.tradeup.com/news/7ea5b184067aafca0b0930fd73e7893e\" tg-width=\"1080\" tg-height=\"1080\"/>The results sent mixed signals to investors about whether digital ad sales from Meta&#39;s core social media business would continue to cover the cost of its massive AI buildout.Shares of the Menlo Park, California-based firm were down 2.7% in after-hours trading.<img src=\"https://community-static.tradeup.com/news/ad811221ec36e7a5099783b8091b816e\" title=\"\" tg-width=\"420\" tg-height=\"381\"/>&#34;Meta needs to prove that it can continue to cover its AI costs as they rise next year, and any weakness in its core ad business could make investors nervous as they continue to wait for a return on Meta’s bigger AI bets,&#34; said Emarketer principal analyst Jasmine Enberg.Like its Big Tech peers, Meta has invested heavily in data centers to capitalize on the generative AI boom. Unlike providers of cloud services, however, it does not expect to earn money from those investments right away and therefore is more subject to scrutiny from investors around its spending.The world&#39;s biggest social media company kept costs in check in the third quarter, with total expenses of $23.2 billion and capital expenditure of $9.2 billion. It projected a slightly improved expense picture for the year as well, narrowing its total expense forecast to $96 billion to $98 billion.In its press release, however, it warned of &#34;a significant acceleration in infrastructure expense growth next year as we recognize higher growth in depreciation and operating expenses of our expanded infrastructure fleet.&#34;Investors have been wary of Meta&#39;s spending in recent months. Its shares sank in April after it disclosed a higher-than-expected expense forecast, knocking $200 billion off its stock-market value.That ended a run of strong quarters for Meta, which has climbed back from a share-price meltdown in 2022 by slimming its workforce, leaning in to investor excitement about AI and earlier this year issuing its first-ever dividend.Meta&#39;s earnings come after encouraging results from digital ad bellwethers <a href=\"https://laohu8.com/S/GOOGL\">Alphabet</a> and <a href=\"https://laohu8.com/S/SNAP\">Snap Inc</a> , which both beat third-quarter revenue estimates on Tuesday thanks in part to rising sales of AI-assisted ads.Meta reported third-quarter profit of $6.03 per share, compared with estimates of $5.25 per share, according to data compiled by LSEG. Third-quarter revenue stood at $40.59 billion, compared with analysts&#39; estimates of $40.29 billion.The company also forecast between $45 billion and $48 billion in fourth-quarter revenue, compared with analysts&#39; estimates of $46.31 billion, according to data from LSEG.Advertising accounts for the vast majority of Meta&#39;s revenue, meaning higher marketing spending during the holiday season could provide a crucial boost to the company&#39;s bottom line, according to analysts.Meta&#39;s family daily active people (DAP), a metric it uses to track unique users who open any one of its apps in a day, grew 5% in the third quarter to 3.29 billion. DAP increased 7% in the preceding June quarter, to 3.27 billion.Meta is well-positioned to squeeze more revenue out of users as user growth slows, given its AI tools to show people more content that match their interests, Enberg said.The company&#39;s Reality Labs division, which produces its Quest virtual reality headsets, smart glasses made with EssilorLuxottica&#39;s Ray-Ban and upcoming augmented-reality glasses, lost $4.4 billion in the third quarter, narrower than analyst estimates of a $4.7 billion loss.</body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Meta Projects Sharp Acceleration in AI Costs After Results Beat Wall Street Targets</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMeta Projects Sharp Acceleration in AI Costs After Results Beat Wall Street Targets\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\nReuters \n2024-10-31 06:28\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body>Facebook owner <a href=\"https://laohu8.com/S/META\">Meta Platforms, Inc.</a> beat analysts&#39; estimates for third-quarter revenue and profit on Wednesday, but warned of &#34;significant acceleration&#34; in artificial intelligence-related infrastructure expenses.<img src=\"https://community-static.tradeup.com/news/7ea5b184067aafca0b0930fd73e7893e\" tg-width=\"1080\" tg-height=\"1080\"/>The results sent mixed signals to investors about whether digital ad sales from Meta&#39;s core social media business would continue to cover the cost of its massive AI buildout.Shares of the Menlo Park, California-based firm were down 2.7% in after-hours trading.<img src=\"https://community-static.tradeup.com/news/ad811221ec36e7a5099783b8091b816e\" title=\"\" tg-width=\"420\" tg-height=\"381\"/>&#34;Meta needs to prove that it can continue to cover its AI costs as they rise next year, and any weakness in its core ad business could make investors nervous as they continue to wait for a return on Meta’s bigger AI bets,&#34; said Emarketer principal analyst Jasmine Enberg.Like its Big Tech peers, Meta has invested heavily in data centers to capitalize on the generative AI boom. Unlike providers of cloud services, however, it does not expect to earn money from those investments right away and therefore is more subject to scrutiny from investors around its spending.The world&#39;s biggest social media company kept costs in check in the third quarter, with total expenses of $23.2 billion and capital expenditure of $9.2 billion. It projected a slightly improved expense picture for the year as well, narrowing its total expense forecast to $96 billion to $98 billion.In its press release, however, it warned of &#34;a significant acceleration in infrastructure expense growth next year as we recognize higher growth in depreciation and operating expenses of our expanded infrastructure fleet.&#34;Investors have been wary of Meta&#39;s spending in recent months. Its shares sank in April after it disclosed a higher-than-expected expense forecast, knocking $200 billion off its stock-market value.That ended a run of strong quarters for Meta, which has climbed back from a share-price meltdown in 2022 by slimming its workforce, leaning in to investor excitement about AI and earlier this year issuing its first-ever dividend.Meta&#39;s earnings come after encouraging results from digital ad bellwethers <a href=\"https://laohu8.com/S/GOOGL\">Alphabet</a> and <a href=\"https://laohu8.com/S/SNAP\">Snap Inc</a> , which both beat third-quarter revenue estimates on Tuesday thanks in part to rising sales of AI-assisted ads.Meta reported third-quarter profit of $6.03 per share, compared with estimates of $5.25 per share, according to data compiled by LSEG. Third-quarter revenue stood at $40.59 billion, compared with analysts&#39; estimates of $40.29 billion.The company also forecast between $45 billion and $48 billion in fourth-quarter revenue, compared with analysts&#39; estimates of $46.31 billion, according to data from LSEG.Advertising accounts for the vast majority of Meta&#39;s revenue, meaning higher marketing spending during the holiday season could provide a crucial boost to the company&#39;s bottom line, according to analysts.Meta&#39;s family daily active people (DAP), a metric it uses to track unique users who open any one of its apps in a day, grew 5% in the third quarter to 3.29 billion. DAP increased 7% in the preceding June quarter, to 3.27 billion.Meta is well-positioned to squeeze more revenue out of users as user growth slows, given its AI tools to show people more content that match their interests, Enberg said.The company&#39;s Reality Labs division, which produces its Quest virtual reality headsets, smart glasses made with EssilorLuxottica&#39;s Ray-Ban and upcoming augmented-reality glasses, lost $4.4 billion in the third quarter, narrower than analyst estimates of a $4.7 billion loss.</body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"IE00BMPRXN33.USD":"NEUBERGER BERMAN 5G CONNECTIVITY \"A\" (USD) ACC","IE00BJLML261.HKD":"HSBC GLOBAL EQUITY INDEX \"HCH\" (HKD) ACC","LU0158827781.USD":" ALLIANZ GLOBAL SUSTAINABILITY \"AT\" (USD) ACC","BK4508":"社交媒体","BK4524":"宅经济概念","LU0061474960.USD":"天利环球焦点基金AU Acc","BK4527":"明星科技股","LU0096362180.USD":"CT (LUX) I GLOBAL FOCUS \"DU\" (USD)","BK4077":"互动媒体与服务","IE00BK4W5L77.USD":"HSBC GLOBAL FUNDS ICAV US EQUITY INDEX \"HC\" (USD) ACC","LU0052756011.USD":"TEMPLETON GLOBAL BALANCED \"A\" (USD) INC","LU0061474705.USD":"THREADNEEDLE (LUX) GLOBAL DYNAMIC REAL RETURN \"AU\" (USD) ACC","BK4503":"景林资产持仓","IE00BK4W5M84.HKD":"HSBC GLOBAL FUNDS ICAV US EQUITY INDEX \"HC\" (HKD) ACC","LU0006306889.USD":"SCHRODER ISF US LARGE CAP \"A\" (USD) INC AV","IE00BQXX3D17.EUR":"GUINNESS GLOBAL INNOVATORS \"C\" (EUR) ACC","IE00B19Z9505.USD":"美盛-美国大盘成长股A Acc","LU0130102774.USD":"Natixis Harris Associates US Equity RA USD","LU0097036916.USD":"贝莱德美国增长A2 USD","IE0004445239.USD":"JANUS HENDERSON US FORTY \"A2\" (USD) ACC","LU0158827948.USD":"ALLIANZ GLOBAL SUSTAINABILITY \"A\" (USD) INC","LU0061475181.USD":"THREADNEEDLE (LUX) AMERICAN \"AU\" (USD) ACC","LU0130103400.USD":"Natixis Harris Associates Global Equity RA USD","LU0149725797.USD":"汇丰美国股市经济规模基金","IE00B7KXQ091.USD":"Janus Henderson Balanced A Inc USD","IE00B19Z8W00.USD":"FTGF CLEARBRIDGE US LARGE CAP GROWTH \"A\" INC","LU0154236417.USD":"BGF US FLEXIBLE EQUITY \"A2\" ACC","IE0034235303.USD":"PINEBRIDGE US RESEARCH ENHANCED CORE EQUITY \"A\" (USD) ACC","BK4514":"搜索引擎","IE00BJTD4N35.SGD":"Neuberger Berman US Long Short Equity A1 Acc SGD-H","IE00B4JS1V06.HKD":"JANUS HENDERSON BALANCED \"A2\" (HKD) ACC","LU0029864427.USD":"TEMPLETON GLOBAL \"A\" (USD) INC","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU0211328371.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (MDIS) (USD) INC","IE00BFSS7M15.SGD":"Janus Henderson Balanced A Acc SGD-H","IE00BJJMRY28.SGD":"Janus Henderson Balanced A Inc SGD","LU0128525929.USD":"TEMPLETON GLOBAL \"A\" (USD) ACC","BK4592":"伊斯兰概念","LU0187121727.USD":"FIDELITY SUSTAINABLE US EQUITY \"A\" (USD) INC","META":"Meta Platforms, Inc.","IE00BN29S564.USD":"JANUS HENDERSON BALANCED \"A3\" (USD) INC","LU0048573561.USD":"FIDELITY AMERICA \"A\" (USD) INC","LU0070302665.USD":"FRANKLIN MUTUAL U.S. VALUE \"A\" (USD) ACC","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","IE00BJTD4V19.USD":"NEUBERGER BERMAN US LONG SHORT EQUITY \"A1\" (USD) ACC","LU0082616367.USD":"摩根大通美国科技A（dist）","BK4507":"流媒体概念","IE00BMPRXR70.SGD":"Neuberger Berman 5G Connectivity A Acc SGD-H"},"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20241030:nL4N3M62JM:8","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2479764632","content_text":"Facebook owner Meta Platforms, Inc. beat analysts' estimates for third-quarter revenue and profit on Wednesday, but warned of \"significant acceleration\" in artificial intelligence-related infrastructure expenses.The results sent mixed signals to investors about whether digital ad sales from Meta's core social media business would continue to cover the cost of its massive AI buildout.Shares of the Menlo Park, California-based firm were down 2.7% in after-hours trading.\"Meta needs to prove that it can continue to cover its AI costs as they rise next year, and any weakness in its core ad business could make investors nervous as they continue to wait for a return on Meta’s bigger AI bets,\" said Emarketer principal analyst Jasmine Enberg.Like its Big Tech peers, Meta has invested heavily in data centers to capitalize on the generative AI boom. Unlike providers of cloud services, however, it does not expect to earn money from those investments right away and therefore is more subject to scrutiny from investors around its spending.The world's biggest social media company kept costs in check in the third quarter, with total expenses of $23.2 billion and capital expenditure of $9.2 billion. It projected a slightly improved expense picture for the year as well, narrowing its total expense forecast to $96 billion to $98 billion.In its press release, however, it warned of \"a significant acceleration in infrastructure expense growth next year as we recognize higher growth in depreciation and operating expenses of our expanded infrastructure fleet.\"Investors have been wary of Meta's spending in recent months. Its shares sank in April after it disclosed a higher-than-expected expense forecast, knocking $200 billion off its stock-market value.That ended a run of strong quarters for Meta, which has climbed back from a share-price meltdown in 2022 by slimming its workforce, leaning in to investor excitement about AI and earlier this year issuing its first-ever dividend.Meta's earnings come after encouraging results from digital ad bellwethers Alphabet and Snap Inc , which both beat third-quarter revenue estimates on Tuesday thanks in part to rising sales of AI-assisted ads.Meta reported third-quarter profit of $6.03 per share, compared with estimates of $5.25 per share, according to data compiled by LSEG. Third-quarter revenue stood at $40.59 billion, compared with analysts' estimates of $40.29 billion.The company also forecast between $45 billion and $48 billion in fourth-quarter revenue, compared with analysts' estimates of $46.31 billion, according to data from LSEG.Advertising accounts for the vast majority of Meta's revenue, meaning higher marketing spending during the holiday season could provide a crucial boost to the company's bottom line, according to analysts.Meta's family daily active people (DAP), a metric it uses to track unique users who open any one of its apps in a day, grew 5% in the third quarter to 3.29 billion. DAP increased 7% in the preceding June quarter, to 3.27 billion.Meta is well-positioned to squeeze more revenue out of users as user growth slows, given its AI tools to show people more content that match their interests, Enberg said.The company's Reality Labs division, which produces its Quest virtual reality headsets, smart glasses made with EssilorLuxottica's Ray-Ban and upcoming augmented-reality glasses, lost $4.4 billion in the third quarter, narrower than analyst estimates of a $4.7 billion loss.","news_type":1},"isVote":1,"tweetType":1,"viewCount":31,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":147,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/366069149409440"}