Meta's stock drops 10%+ on weak Q2 revenue guidance and increasing FY 2024 capital expenditures from $30B-$37B to $35B-$40B due to AI infrastructure investments
should investors consider buying? Kathleen Gallagher / Business Post : Shares in Meta plummet as it forecasts spending spree TJ Denzer / Shacknews : Facebook (META) issues Q2 2024 revenue guidance bel...
Meta reports Q2 revenue up 11% YoY to $32B, net income up 16% YoY to $7.79B, and family daily active people up 7% YoY to 3.07B for June 2023; META jumps 10%+
but most of the new users came from outside the US and Canada Karissa Bell / Engadget : Meta had its best quarter since 2021 despite losing more money on the metaverse Abubakar Idris / The Messenger :...
Big data integrator Talend closes up 41% in Nasdaq debut, raising $94.5M in an IPO
Tech Roundup Bernadette Tansey / Xconomy : Talend Raises $95M in IPO: A Boost For Others Waiting in the Wings? Jordan Novet / VentureBeat : Talend closes at $25.50 after first day of trading, up 41% f...