Meta Mark Zuckerberg Director appears at the Meta Connect event at the Menlo Park in California, September 25, 2024.
David Paul Morris | Bloomberg | Getty Images
Target He plans to apply for earnings in the fourth quarter on Wednesday after the completion of regular trading.
Here’s what analysts interviewed by LSEG expect:
- Earnings per share: $ 6.77
- Income: $ 47.03 billion
Shares of shares increase about 14% of October 30, when the DIV on social networks reported Third quarter earnings and said he would raise the lower end of 2024 Capital expenditures of the guidelines from $ 37 billion to $ 38 billion. At that time, the company’s shares slightly immersed in trading after hours, indicating an unpleasant bullet of investors so that the target could be spending Too much about a computer infrastructure associated with artificial intelligence without seeing much short -term yields.
CEO Mark Zuckerberg on Friday said The target would invested between $ 60 and $ 65 billion in capital expenditure in 2025 as part of its AI strategy. After that, the targets of the shares reached the record, indicating that investors look more tolerant than the heavy consumption of the company as long as it is Associated with AI and not still at the same time Metave.
“They were really unwavering that could be excited a lot,” said Raymond director James Josh Beck about Meta’s AI spending. “They won’t leave them behind the cycle.”
High cost -related costs have become ancient After last week’s creation DeepseekThe Chinese lab that claimed to have created a large linguistic model that works better and costs less training than his American colleagues.
Deepseek unverified claims It will not immediately affect the target of consumption of AI, said Ralph Schackart, an analyst of the William Blair investment bank.
“It’s too much to get or lose no investment,” Schackart said.
Wall Street expects a target to report capital expenditures in the fourth quarter of $ 15.33 billion.
Investors want to know how tictok removal from Apple and Google Applications in the US have affected the target. The company has offered creators offers to promote Instagram on other short -shaped video applications, including Tictok, Snapchat and YouTube, CNBC reported This week.
Meta said last week that the platform for microbloblogs on threads will start Ads testing In the US -UI Japan. The Ads Show Meta is trying to use Tiktok’s “Volatility” in the eyes of the brands seeking alternatives, said UE -Jasmine Enberg, the main analyst with an emarketer.
Company relaxation its moderation of content rulesHowever, it could refer to advertisers, Enberg said.
“It It may be smarter to wait for the less political charged environment of social media, “Enberg said.
