Meta Smashes Earnings Expectations in Q4, Mark Zuckerberg touts “U.S. Administration That Is Proud of our Leading Companies”

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Meta Platforms Inc., which is the umbrella organization for both Facebook and Instagram, recently disclosed a highly profitable Q4 in their latest financial report. However, they cautioned investors that their spending will significantly increase in 2025, with part of this growth attributed to their investments in advanced artificial intelligence technology.

As a devoted follower, I’m thrilled to share that our quarter-four earnings reached an impressive $48.4 billion! This figure represents a substantial 21% increase compared to the same period last year. Moreover, our net income soared to an astounding $20.8 billion, marking a 49% growth from the previous year. What a fantastic way to end the year!

Mark Zuckerberg, CEO of Meta, expressed that this year will be particularly significant, during a meeting with Wall Street analysts on Wednesday afternoon.

He affirmatively recognized the fresh Trump administration, voicing hopefulness regarding their stance on technology policies.

Currently, we’re dealing with a U.S. government that takes great pride in its top businesses, places emphasis on American technology prevailing, and will safeguard our principles and concerns globally,” Zuckerberg stated. “I am hopeful about the advancements and creativity this could foster. Therefore, I believe this year will be significant.

On Wednesday, it was announced by The Wall Street Journal that Meta (previously known as Facebook) has reached a $25 million settlement in relation to Donald Trump’s account being suspended following January 7th, 2021.

Additionally, he shared insights regarding the company’s strategy with AI. He expressed to analysts that “This year could mark the milestone where a remarkably intelligent and customized AI assistant surpasses a billion users, and I anticipate that meta AI will be at the forefront as the leading AI assistant.

Meta AI currently serves more individuals than any other assistant, which typically means it gains a sustainable, lasting edge as the service grows this large.

And he addressed the future of video on Instagram and Facbeook.

He shared that we’ll find out about Tiktok’s future, but regardless, Instagram and Facebook reels are predicted to keep growing. Moreover, he anticipates Threads to maintain its course as the primary discussion platform, aiming to reach a billion users within several years. Currently, Threads boasts over 320 million monthly active users and adds more than a million new sign-ups every day.

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2025-01-30 01:25