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Meta surges after Q2 results blow past expectations

Meta surges after Q2 results blow past expectations

Canberra Times3 days ago
Meta said it expects costs to increase as it spends billions on infrastructure and luring highly compensated employees as it works on its AI ambitions. It's forecasting 2025 expenses to be in the range of $US114 billion ($A177 billion) to $US118 billion ($A183 billion), up 20 per cent to 24 per cent year-over-year.
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