Meta reports Reality Labs Q4 revenue of $955M vs. $940.8M est. and a $6.02B operating loss vs. $5.67B est.; Reality Labs now has $75B+ in losses since late 2020
stock down ahead of Q4 results, AI spending biggest worryAli Merchant /Investing.com:Meta Earnings Preview: Big AI Bets and Reality Labs Drag on OutlookForums:r/technology:Meta's Reality Labs posts $6.02 billion loss in fourth quarter / Reality Labs now has over $75 billion in total operating losses since late 2020
$META CEO: Reality Labs losses expected to peak this year: “I expect Reality Labs losses this year to be similar to last year, and this will likely be the peak as we start to gradually reduce our losses going forward while continuing to execute on our vision as we plan.” [image]