{"id":15353,"date":"2024-07-31T21:37:29","date_gmt":"2024-07-31T19:37:29","guid":{"rendered":"https:\/\/costops.com\/index.php\/2024\/07\/31\/strong-earnings-report-pushes-meta-shares-up-amid-heavy-ai-spending\/"},"modified":"2024-07-31T21:37:29","modified_gmt":"2024-07-31T19:37:29","slug":"strong-earnings-report-pushes-meta-shares-up-amid-heavy-ai-spending","status":"publish","type":"post","link":"http:\/\/costops.com\/index.php\/2024\/07\/31\/strong-earnings-report-pushes-meta-shares-up-amid-heavy-ai-spending\/","title":{"rendered":"Strong earnings report pushes Meta shares up amid heavy AI spending"},"content":{"rendered":"<p>Stock price grew around 5%, which revealed the company outperformed analysts\u2019 expectations for its second quarter<\/p>\n<p>Meta\u2019s shares rose in after-hours trading on Wednesday off the back of a strong earnings report that comes as the company is spending heavily on AI tools.<\/p>\n<p>The company\u2019s stock price grew around 5% following the report, which revealed the company outperformed analysts\u2019 expectations for its second quarter.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/technology\/article\/2024\/jul\/31\/meta-earnings-results-ai-spending-revenue\">Continue reading&#8230;<\/a><br \/>\n<img src=\"https:\/\/i.guim.co.uk\/img\/media\/e8b3874f83434cd32c988439c13667ab917171c6\/0_311_7177_4307\/master\/7177.jpg?width=140&amp;quality=85&amp;auto=format&amp;fit=max&amp;s=80359597ebb2abc961ba580f4f6370f5\" title=\"Strong earnings report pushes Meta shares up amid heavy AI spending\" \/>Stock price grew around 5%, which revealed the company outperformed analysts\u2019 expectations for its second quarter<br \/>\nMeta\u2019s shares rose in after-hours trading on Wednesday off the back of a strong earnings report that comes as the company is spending heavily on AI tools.<br \/>\nThe company\u2019s stock price grew around 5% following the report, which revealed the company outperformed analysts\u2019 expectations for its second quarter. Continue reading&#8230;Technology | The Guardian<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Stock price grew around 5%, which revealed the company outperformed analysts\u2019 expectations for its second quarter Meta\u2019s shares rose in after-hours trading on Wednesday off the back of a strong earnings report that comes as the company is spending heavily on AI tools. The company\u2019s stock price grew around 5% following the report, which revealed &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"http:\/\/costops.com\/index.php\/2024\/07\/31\/strong-earnings-report-pushes-meta-shares-up-amid-heavy-ai-spending\/\"> <span class=\"screen-reader-text\">Strong earnings report pushes Meta shares up amid heavy AI spending<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":0,"featured_media":15354,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/15353"}],"collection":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/comments?post=15353"}],"version-history":[{"count":0,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/15353\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media\/15354"}],"wp:attachment":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media?parent=15353"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/categories?post=15353"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/tags?post=15353"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}