Meta Stock: dette skal du vide

Meta has increased its budget for capital expenditure this year again, to USD 125-145 billion from an earlier estimate of USD 115-135 billion. Meta Stock vokser denne fredag frem som et af de emner, der tiltrækker opmærksomhed i Denmark.

Fakta

• Meta has increased its budget for capital expenditure this year again, to USD 125-145 billion from an earlier estimate of USD 115-135 billion.
• In the most recent quarter, capex jumped to USD 19.8 billion, and Meta's operating costs were up 35 percent to USD 33.4 billion.
• Meta took the brunt of investor concerns on Wednesday over how the biggest US tech firms are spending massive sums on artificial intelligence (AI).
• Meanwhile, Alphabet's positive performance and specifics around tangible business results from its AI spending saw the stock jump by 7% in after hours trading.
• Microsoft's stock fell by nearly 2% after the company reported its quarterly results, but it ticked back up in the hours after.

Det vi ved

Detaljeret, In the most recent quarter, capex jumped to USD 19.8 billion, and Meta's operating costs were up 35 percent to USD 33.4 billion.

Konkret, Meta took the brunt of investor concerns on Wednesday over how the biggest US tech firms are spending massive sums on artificial intelligence (AI).

Derudover Meanwhile, Alphabet's positive performance and specifics around tangible business results from its AI spending saw the stock jump by 7% in after hours trading.

Det er værd at bemærke, at Microsoft's stock fell by nearly 2% after the company reported its quarterly results, but it ticked back up in the hours after.

På nuværende tidspunkt the company's stock is down nearly 11% so far this year, as questions around its spending on AI and its partnership with OpenAI, in which it has invested more than $10bn, have continued.

Tallene

Detaljeret, Amazon's shares also fell after it revealed it would likely make less money next quarter than initially thought, but the results themselves were in line with analyst expectations and the company's stock was up 2.7% in extended trading.

Konkret, Revenues rose 33 percent year-on-year to USD 56.3 billion.

Derudover Shares in the company, which owns Facebook and Instagram, dropped 7% in extended trading, after saying it would spend billions more on AI projects than it had initially planned.

Det er værd at bemærke, at Tech investors have become increasingly wary about the more than $650bn (£481bn) the four firms are spending this year alone on AI.

Baggrunden

Det er værd at bemærke, at Meta hikes FY capex budget again on rise in component costs.

På nuværende tidspunkt Other tech giants Alphabet, Microsoft and Amazon also reported quarterly earnings on Wednesday.

Detaljeret, Meta, Google-owner Alphabet, Microsoft, and Amazon all reported their quarterly earnings at the same time.

Konkret, Meta's share price slumped after it said it needed to spend even more money to get the results it is wanting from AI.

Derudover Susan Li, Meta's chief financial officer, said Meta has in past years "underestimated our compute needs" and that it needed to spend more money in order to meet them.

Opsummering

• The company's stock is down nearly 11% so far this year, as questions around its spending on AI and its partnership with OpenAI, in which it has invested more than $10bn, have continued.
• Asked how this spending would lead to results, Meta's chief executive Mark Zuckerberg said: "I don't think we have a very precise plan for exactly how each product is going to scale or anything like that.
• But I think we have a sense of the shape of where these things should be... and I'm quite comfortable that the lab we're building is on track to be a leading lab in the world," he added, referring to Meta's Superintelligence Lab.
• Hurtigt voksende søgninger: Børs, Wall Street | Amerikansk tech-gigant stuper på børsen, Meta Platforms Inc (META), Meta Announces Quarterly Cash Dividend, Microsoft falt 10 prosent.