Latest news with #Investing
Yahoo
6 hours ago
- Business
- Yahoo
Meta's ‘superintelligence' isn't here yet. But its AI bets are already paying off
If Meta investors had concerns about the company's huge spending on artificial intelligence infrastructure and talent — and its ambitious 'superintelligence' goal — they're likely to be assuaged by its blockbuster earnings report on Wednesday. The results, as one analyst put it, indicates that 'AI is becoming a real revenue driver, not just hype.' Meta on Wednesday posted earnings of $7.14 per share on $47.5 billion in revenue from the quarter ended June 30. Earnings per share were up 38% from the year-ago period and well above the $5.88 that Wall Street analysts had expected. It also projected revenue from the current quarter will be between $47.5 billion and $50.5 billion, also ahead of analysts' expectations. The strong results sent Meta shares up more than 9% in after-hours trading. The company's stock has risen 16% since the start of this year. 'Meta's blowout earnings and raised guidance highlight how AI is becoming a real revenue driver, not just hype,' Senior Analyst Jesse Cohen said in a statement. 'The company's continued heavy investment in AI infrastructure signals it's playing the long game.' The report came after Meta CEO Mark Zuckerberg laid out his approach to AI 'superintelligence' in a video and blog post on Wednesday morning. He wants everyone to have access to their own personal AI superintelligence, he said in the blog post, making people more productive so they can spend 'more time creating and connecting.' 'Our business continues to perform very well, which enables us to invest heavily in our AI efforts,' Meta said in a call with analysts Wednesday evening, adding that the company's performance in the quarter could be attributed to AI improving its core ad business. Meta has been shelling out big bucks to recruit top AI talent away from rivals such as OpenAI, Google and Apple for its new Meta Superintelligence Labs team. The company is also spending hundreds of billions of dollars to build massive AI data centers. On Friday, Zuckerberg announced that Shengjia Zhao, one of the co-creators of ChatGPT who Meta hired away from OpenAI several weeks ago, will be the team's chief scientist. Meta Chief Financial Officer Susan Li said hiring in 'high priority' areas such as AI is expected to grow the company's total staff throughout this year and next. She added that increased compensation because of Meta's investments in top AI talents will be its second largest driver of expenses growth next year. Meta is in league with tech giants such as OpenAI, Google and Anthropic that are all racing toward superintelligence, the theoretical point at which AI becomes smarter than all humans at all knowledge work. It's believed that if that milestone is reached, it could dramatically reshape the economy and the way people work, potentially creating significant new business opportunities for the companies that can provide the technology. And the stakes may be especially high for Zuckerberg, who wants Meta to be more than just a social media company and has refocused it on AI after an unsuccessful pivot to the metaverse. The company is under pressure to deliver on the billions it's invested in data centers and chips, and it also has a growing smart glasses business that depends on the success of its AI efforts. And the company is coming from somewhat behind competitors, after reported delays in releasing the largest version of its new Llama 4 AI model. Zuckerberg said Wednesday morning that he believes smart glasses will be the 'main computing device' for the AI era. Despite its aggressive spending, Meta on Wednesday said its capital expenditures during the third quarter were $17 billion, nearly in line with Wall Street's estimate of $16.48 billion. And it narrowed — but did not raise — its full-year capital expenditure guidance, giving investors a more precise view of its spending plan. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
CNN
12 hours ago
- Business
- CNN
Meta has been on an AI spending spree. Earnings show it's paying off
If Meta investors had concerns about the company's huge spending on artificial intelligence infrastructure and talent, they're likely to be assuaged by its blockbuster earnings report on Wednesday. The results, as one analyst put it, indicates that 'AI is becoming a real revenue driver, not just hype.' Meta on Wednesday posted earnings of $7.14 per share on $47.5 billion in revenue from the quarter ended June 30. Earnings per share were up 38% from the year-ago period and well above the $5.88 that Wall Street analysts had expected. It also projected revenue from the current quarter will be between $47.5 billion and $50.5 billion, also ahead of analysts' expectations. The strong results sent Meta shares up more than 9% in after-hours trading. The company's stock has risen 16% since the start of this year. 'Meta's blowout earnings and raised guidance highlight how AI is becoming a real revenue driver, not just hype,' Senior Analyst Jesse Cohen said in a statement. 'The company's continued heavy investment in AI infrastructure signals it's playing the long game.' The report came after Meta CEO Mark Zuckerberg laid out his approach to AI 'superintelligence' in a video and blog post on Wednesday morning. He wants everyone to have access to their own personal AI superintelligence, he said in the blog post, making people more productive so they can spend 'more time creating and connecting.' 'Our business continues to perform very well, which enables us to invest heavily in our AI efforts,' Meta said in a call with analysts Wednesday evening, adding that the company's performance in the quarter could be attributed to AI improving its core ad business. Meta has been shelling out big bucks to recruit top AI talent away from rivals such as OpenAI, Google and Apple for its new Meta Superintelligence Labs team. The company is also spending hundreds of billions of dollars to build massive AI data centers. On Friday, Zuckerberg announced that Shengjia Zhao, one of the co-creators of ChatGPT who Meta hired away from OpenAI several weeks ago, will be the team's chief scientist. Meta is in league with tech giants such as OpenAI, Google and Anthropic that are all racing toward superintelligence, the theoretical point at which AI becomes smarter than all humans at all knowledge work. It's believed that if that milestone is reached, it could dramatically reshape the economy and the way people work, potentially creating significant new business opportunities for the companies that can provide the technology. And the stakes may be especially high for Zuckerberg, who wants Meta to be more than just a social media company and has refocused it on AI after an unsuccessful pivot to the metaverse. The company is under pressure to deliver on the billions it's invested in data centers and chips, and it also has a growing smart glasses business that depends on the success of its AI efforts. And the company is coming from somewhat behind competitors, after reported delays in releasing the largest version of its new Llama 4 AI model. Zuckerberg said Wednesday morning that he believes smart glasses will be the 'main computing device' for the AI era. Despite its aggressive spending, Meta on Wednesday said its capital expenditures during the third quarter were $17 billion, nearly in line with Wall Street's estimate of $16.48 billion. And it narrowed — but did not raise — its full-year capital expenditure guidance, giving investors a more precise view of its spending plan.
Yahoo
17 hours ago
- Business
- Yahoo
Syensqo completes the third tranche of its €300 million Share Buyback Program
Syensqo completes the third tranche of its €300 million Share Buyback Program Brussels, Belgium – July 30, 2025 17:45 CET Syensqo SA is pleased to announce the successful completion of the third tranche of its share buyback program (the 'program'), launched on February 27, 2025 and concluded on July 30, 2025. Since February 27, 2025, a total of 784,328 shares were purchased, representing approximately 0.75% of the Company's outstanding shares. These acquired shares are expected to be cancelled. Until then, they will be held in treasury. 445,001 have already been cancelled on May 9, 2025. Over the duration of the third tranche, Syensqo invested a total of EUR 50 million at an average purchase price of EUR 63.75 per share. Final update of the third tranche In accordance with article 8:4 of the Royal Decree of 29 April 2019 executing the Belgian Code of Companies and Associations, Syensqo SA ('Syensqo' or the 'Company') hereby discloses certain information in relation to its Share Purchase Program, announced on September 30, 2024. Syensqo announces that it has repurchased 3,434 Syensqo shares in the period from July 28, 2025 up to and including July 30, 2025, as follows: Date of purchase Market / MTF Number of shares Average price paid (€) Total (€) Lowest price paid (€) Highest price paid (€) 30-Jul-25 CEUX 1,894.00 69.72 132,055.55 69.40 69.88 30-Jul-25 XBRU 1,540.00 69.65 107,253.45 69.18 69.86 Total 3,434 239,309 As of July 30, 2025, the Company held in treasury a total of 1,540,858 Syensqo shares, as follows: 143,455 Syensqo shares acquired in the framework of the third tranche of the Share Buyback Program; 746,031 Syensqo shares acquired in the framework of the Long Term Incentive Plan (LTIP) share purchase program that was completed on October 23, 2024; 651,372 Syensqo shares are held by Syensqo Stock Option Management SRL ('SSOM'), a wholly owned indirect subsidiary of the Company. Contacts Investors & Analysts Media Sherief Bakr +44 7920 575 989 Perrine Marchal +32 478 32 62 72 Bisser Alexandrov +33 607 635 280 Laetitia Schreiber +32 487 74 38 07 Loïc Flament +32 478 69 74 20 Robbin Moore-Randolph +1 470 493 2433 Safe harborThis press release may contain forward-looking information. Forward-looking statements describe expectations, plans, strategies, goals, future events or intentions. The achievement of forward-looking statements contained in this press release is subject to risks and uncertainties relating to a number of factors, including general economic factors, interest rate and foreign currency exchange rate fluctuations, changing market conditions, product competition, the nature of product development, impact of acquisitions and divestitures, restructurings, products withdrawals, regulatory approval processes, all-in scenario of R&I projects and other unusual items. Consequently, actual results or future events may differ materially from those expressed or implied by such forward-looking statements. Should known or unknown risks or uncertainties materialize, or should our assumptions prove inaccurate, actual results could vary materially from those anticipated. The Company undertakes no obligation to publicly update or revise any forward-looking statements. About Syensqo Syensqo is a science company developing groundbreaking solutions that enhance the way we live, work, travel and play. Inspired by the scientific councils which Ernest Solvay initiated in 1911, we bring great minds together to push the limits of science and innovation for the benefit of our customers, with a diverse, global team of more than 13,000 associates. Our solutions contribute to safer, cleaner, and more sustainable products found in homes, food and consumer goods, planes, cars, batteries, smart devices and health care applications. Our innovation power enables us to deliver on the ambition of a circular economy and explore breakthrough technologies that advance humanity. Useful links Earnings materials Strategy Share information Credit information Separation documents Webcasts, podcasts and presentations Annual Integrated Report Subscribe to our distribution list Attachment 20250730_3rd_tranche_completion_EN (1)Sign in to access your portfolio
Yahoo
17 hours ago
- Business
- Yahoo
UBS upgrades Peloton on cost cuts, improving user trends
-- UBS upgraded Peloton Interactive (NASDAQ:PTON) to Buy from Neutral saying fitness company's deeper cost cuts and improving operating efficiencies would drive stronger-than-expected earnings by next year. The brokerage lifted its price target to $11 from $7.50, saying Peloton's efforts to shrink its retail footprint, cut general and administrative expenses, and reduce technology spending could add more than $80 million in operating savings on top of its existing $200 million target. UBS estimates Peloton could guide fiscal 2026 EBITDA to between $400 million and $450 million, well above the current Street forecast of $358 million. Gains are expected despite a planned increase in marketing spend and a potential rise in churn tied to upcoming subscription price hikes. The firm also sees $90 million to $100 million in annualized revenue from those price increases, assuming a measured impact on cancellations. Subscriber declines are expected to slow following new product announcements later this year. UBS noted improving engagement trends, with active users returning to growth in May and June, and interactive visits stabilizing after earlier declines. Peloton shares are up around 30% so far in 2025 but remain far below their pandemic-era peak. UBS said the stock's valuation, trading at an estimated 6–7 times 2026 EBITDA, is undemanding given early signs of a turnaround in cash flow and profitability. 'We see subscription price increases anchoring near-term top line growth, we might also see underlying net subscriber decline stabilizing, outside of price increase driven churn,' analyst at UBS said. 'While that inflection in connected fitness subs is not entirely clear to us yet, we are seeing better data trends for Peloton in terms of traffic and active users' Related articles UBS upgrades Peloton on cost cuts, improving user trends Risks Rising? Smart Money Dodged 46%+ Drawdowns on These High-Flying Names After soaring 149%, this stock is back in our AI's favor - & already +25% in July Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Globe and Mail
19 hours ago
- Business
- Globe and Mail
Strategy Updates on ATM Programs and Bitcoin Holdings
Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Strategy ( (MSTR)) has issued an update. Strategy, operating under the name MicroStrategy Incorporated, is a company involved in the financial sector, focusing on securities and bitcoin holdings. On July 28, 2025, Strategy announced updates regarding its at-the-market offering programs and bitcoin holdings. During the period from July 21 to July 27, 2025, no shares were sold under its ATM programs, and no new bitcoin purchases were made. The company maintains a dashboard on its website to distribute information about its securities and bitcoin holdings, encouraging investors to review this information regularly. The most recent analyst rating on (MSTR) stock is a Buy with a $195.00 price target. To see the full list of analyst forecasts on Strategy stock, see the MSTR Stock Forecast page. Spark's Take on MSTR Stock According to Spark, TipRanks' AI Analyst, MSTR is a Neutral. MSTR's overall stock score is primarily impacted by its weak financial performance and valuation metrics. However, the company's strategic focus on Bitcoin and positive earnings call sentiment provide some optimism. Technical indicators are neutral, but recent corporate events present mixed implications for future stability. To see Spark's full report on MSTR stock, click here. More about Strategy Average Trading Volume: 12,487,911 Technical Sentiment Signal: Buy Current Market Cap: $115.1B See more data about MSTR stock on TipRanks' Stock Analysis page.
