Meta, led by Mark Zuckerberg, is in early discussions to lease $10 billion worth of AI computing power to Anthropic. This deal could create a significant new revenue stream for Meta, helping to offset its substantial spending on artificial intelligence development. The move highlights Meta's strategy to capitalize on its AI infrastructure by partnering with other AI companies. If finalized, this could strengthen Meta's financial position while supporting the growth of AI technology.
Meta Platforms will release its Q2 2026 earnings on July 29, with analysts expecting earnings per share around $7.19 to $7.23 and revenue between $59.5 billion and $60.22 billion, marking a strong year-over-year growth from $47.52 billion. The report...
Direxion introduced six new Defined Income Boost ETFs on July 29, 2026, targeting major tech companies like Google, Meta, Nvidia, Tesla, Micron, and Palantir. These ETFs aim to provide investors with income—targeting 20% annualized—through selling ca...
Meta Platforms is forecasted to exceed Wall Street's Q2 revenue and earnings expectations, driven by robust advertising demand and early returns from AI investments. Bank of America projects $60.6 billion in revenue and $7.50 earnings per share, abov...
Meta Platforms faces a critical Q2 earnings report after a nine-day stock slide and is trading below key moving averages, with investors watching for updates on AI advertising and spending. Microsoft also reports, with focus on Azure growth, Copilot ...
Meta is set to report earnings after market close on Wednesday, with traders expecting the company to emphasize its Ray-Ban Meta smart glasses and expansion into cloud computing during the conference call. There is a high likelihood Meta will mention...
