0901 GMT - Meta Platforms' decision to increase its capital spending plans is exactly what investors in artificial intelligence wanted to hear, Swissquote Bank's Ipek Ozkardeskaya says in a market comment. The owner of Facebook and Instagram said its capital spending for the year would rise to $64 billion to $72 billion from a prior range of $60 billion to $65 billion, largely on AI investments. Meta also delivered strong sales and advertising revenue in the first quarter, boosted by AI, Ozkardeskaya notes. Meta shares are up 6.5% premarket at $584.48. (mauro.orru@wsj.com)
(END) Dow Jones Newswires
May 01, 2025 05:02 ET (09:02 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。