02.02.2025 13:35:00
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Meta Platforms' Revenue Jumps as It Plans to Invest Big in AI. Is the Stock a Buy?
Meta Platforms' (NASDAQ: META) share price rose after the social media company released strong fourth-quarter results, once again showing that its social media sites are top destinations for both users and advertisers. The company also remained committed to spending big on artificial intelligence (AI). The stock has been off to a fast start in 2025, with its shares already up 17% as of this writing.Let's examine Meta's Q4 earnings and guidance to see if its stock is still a good investment.Meta turned in another great quarter to close out 2024, with revenue climbing 21% year over year to $48.4 billion. Advertising revenue was also up 21%, coming in at $46.8 billion. Revenue at Reality Labs, which is home to Meta's metaverse efforts and its augmented reality headsets and smart glasses, edged up 1% to $1.1 billion. Operating income from its social media apps surged 35% to $28.3 billion, though Reality Labs generated a loss of $5 billion.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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Aktien in diesem Artikel
Ai Holdings Corp | 1 990,00 | -0,30% | |
Meta Platforms (ex Facebook) | 663,80 | 0,51% |