Meta earnings updates: Wall Street sees AI tailwinds building with stock up 1% YTD

Finanțe și Bănci

Meta Platforms earnings are on deck. Wall Street has been eyeing a new phase of growth for the social media titan driven by new AI capabilities. Analysts are also bullish on Meta's AI model, Muse Spark , the first model from Alexandr Wang's team since the company invested billions into Scale AI to bring Wang in house. Headed into the call, analysts are looking for updates on AI capex , as Meta is among the most prolific spenders among Big Tech giants. They'll also be on the lookout for news

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