Meta Platforms (META. O) reported better-than-expected revenue in the second quarter and a stronger-than-expected forecast for the current period, suggesting the social media company's advertising business is still growing fast enough to support its aggressive spending on artificial intelligence. Meta's U.S. shares jumped as much as 10 percent after the earnings report. Meta expects its third-quarter revenue to reach $47.50 billion to $50.50 billion, and raised the lower end of its fiscal 2025 capital spending forecast range as the company continues to invest more in people, infrastructure, data centers and energy to stay competitive in the fast-growing AI race. Meta now expects full-year capital expenditures to be between $66 billion and $72 billion, up from its previous forecast of $64 billion to $72 billion.
Meta Platforms (META. O) revenue in Q2 2025 is $47.52 billion, compared to $39.07 billion in the same period last year, and market expectations are $44.764 billion.
Meta's better-than-expected revenue in the second quarter is expected to support its aggressive investment in AI
2025-07-30 21:42:46
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