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Meta sees AI spending accelerating as earnings top forecasts

Mark Zuckerberg cites the potential for ‘strong’ returns in coming years on heavy investments in new technology
Business - Financial Times - October 31
Microsoft Earnings Show Quarterly Revenue Is Up 16% to $65.6 Billion

The company’s profit increased 11 percent to $24.7 billion, beating Wall Street’s expectations and its own predictions.
Tech - The New York Times - October 30
Meta Earnings Show Revenue Increase, Even as Spending Spree Continues

The Silicon Valley company, which owns Facebook, Instagram and WhatsApp, said it does not plan to slow down its investments anytime soon.
Business - The New York Times - October 31
Robinhood earnings disappoint Wall Street despite company’s upward trajectory

The online brokerage’s third-quarter earnings missed analyst forecasts for both revenue and earnings per share.
Business - MarketWatch - October 31

Meta sees AI spending accelerating as earnings top forecasts