Meta delivered fantastic results for Q4 2024. The company increased earnings per share for the quarter by 50% year over year, reaching $8.02. The figure well exceeded Wall Street's expectations of $6.76 per share. Sales for the company hit $48.4 billion, beating the expected $47 billion.

Meta said earnings per share were up annually by 50% to $8.02, versus Wall Street’s consensus estimate of $6.76.

CEO Mark Zuckerberg addressed the pressing issues of massive AI (artificial intelligence) expenditure and DeepSeek’s AI

Meta's Mark Zuckerberg has moved to encourage optimism after DeepSeek’s AI models sent out multiple shockwaves that rocked Wall Street.

Meta's earnings call is today at 5 pm ET. META stock heads into the report up 15% YTD. Analysts are focused on AI monetization efforts and DeepSeek.

Tesla’s core business underperformed in Q4, missing analyst expectations for both earnings and revenue. Microsoft’s Q2 results were strong but fell short of expectations for

Wall Street got a hard slap after the bell on Jan. 29 when Tesla, Meta, and Microsoft dropped their earnings reports, each showing numbers that didn’t hit the targets analysts had set. Investors saw their hopes crash as three of the biggest tech giants struggled on multiple fronts—electric vehicles,