November 23, 2024

Programmatic

In a world where nearly everyone is always online, there is no offline.

Meta Made A Mint In Q3 – But Investors Are Worried About Its AI Spending Spree

Despite beating expectations and generating more than $ 40 billion in revenue during the third quarter – a 19% YOY increase – Meta got punished on Wednesday after its Q3 earnings report. The company’s stock dipped by more than 15% in after-hours trading on the news that its spending will ramp up this year and into the next. […]

The post Meta Made A Mint In Q3 – But Investors Are Worried About Its AI Spending Spree appeared first on AdExchanger.

AdExchanger