Meta Platforms' Revenues Reach Record High! Zuckerberg Continues to Plan Huge Investments in AI Projects

Revenue rises to $48.4 billion, fueling the CEO's investments in augmented reality and artificial intelligence. Meta Platforms, the parent company of Facebook, reported strong results for Q4 on January 29, 2025. Meta far exceeded Q4 expectations. According to FactSet, earnings per share rose by 50% year-over-year to $8.02, compared to the Wall Street consensus estimate of $6.76. Revenue for the quarter reached $48.4 billion, surpassing expectations of $47 billion and up 21% year-over-year. The two main factors driving revenue growth are the number...