Meta beat on key fourth quarter numbers but forecasts for the current first quarter disappointed a bit as investors wait to grill CEO Mark Zuckerberg on a range of topics from AI rivals and investments and new social media moderation policies. Here’s to hopeng analysts on a call shortly will ask about Zuckerberg’s shift to Trump including a potential legal settlement with the president.
Meta reprted revenue of $48.39 million, up 21% and beating estimates, as did earnings per share of $8.02 and daily active users, which rose 5% across its platforms to 3.35 billion.
The results arrived later than usual in the afternoon. The WSJ has just reported that President Trump signed settlement papers to resolve a years-old lawsuit with Meta that would require the company to pay $25 million. The suit centered on Meta kicking Trump off Facebook after the Jan. 6 insurrection.
In AI, Chinese AI model, DeepSeek upended tech stocks Monday. Does that mean his aggressive 2025 capital program remains warranted. The Facebook founder said Meta could invest $60 million to $65 million in AI this year.
DeepSeek claimed to have made a good large language model and chatbot rivaling leader ChatGPT at a much lower cost than U.S. rivals. That’s not all bad if others can find a way to do AI cheaper as well.
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