Todd Spangler / Variety:

Meta says it expects its capex for FY2025 to be $64B to $72B, an increase from its prior expectation of $60B to $65B  —  Social-media giant Meta isn't forecasting a slowdown in business at this point, handily topping Wall Street expectations for the first quarter and issuing Q2 guidance within analyst forecasts.

Todd Spangler / Variety:

Meta says it expects its capex for FY2025 to be $64B to $72B, an increase from its prior expectation of $60B to $65B  —  Social-media giant Meta isn't forecasting a slowdown in business at this point, handily topping Wall Street expectations for the first quarter and issuing Q2 guidance within analyst forecasts.

Source: TechMeme
Source Link: http://www.techmeme.com/250430/p42#a250430p42