Meta to Report Q4 Earnings Amidst Massive AI Spending
Key Highlights:
* Meta (META) to announce Q4 earnings after market close on Wednesday.
* Analysts anticipate revenue growth and increased AI spending.
* Meta has projected $60-$65 billion in AI infrastructure investments through 2025.
* Meta's AI spending aims to enhance advertising capabilities and user engagement.
* The company is expected to report EPS of $6.75 and revenue of $46.9 billion for Q4.
* Meta recently announced the testing of ads on its Threads platform.
* Analysts express optimism about Meta's growth potential due to AI investments.
* Meta faces competition from Microsoft-backed OpenAI and other AI providers.
* The FTC's antitrust suit against Meta remains ongoing, but regulatory changes may impact the outcome.