Meta Q4 earnings: Stock surges on plans for increased AI spending
Meta Platforms (META) stock is popping in Thursday's pre-market trading since the company reported fourth quarter earnings results yesterday. Meta's fourth quarter revenue and first quarter capital expenditures (CapEx) outlook both beat analyst expectations.Yahoo Finance Tech Editor Dan Howley comments on Meta's spending plans, including the tech giant's outlook on AI CapEx.To watch more expert insights and analysis on the latest market action, check out more Morning Brief.
