Bugs Bunny reports on Meta's surprisingly good Q1 earnings, a bit of trouble in Europe, and a whole lotta AI spending. Curious, ain't it?
Bugs Bunny reports on Meta's surprisingly good Q1 earnings, a bit of trouble in Europe, and a whole lotta AI spending. Curious, ain't it?

Of Course They Did...

Well folks what's up doc? It's your ol' pal Bugs here reporting live from... uh... my rabbit hole! Seems ol' Meta that's the Facebook folks to you city slickers had a pretty good quarter. Like Elmer Fudd tryin' to catch me they exceeded expectations! They raked in $6.43 per share when everyone thought they'd only manage $5.28. And the revenue? A whopping $42.31 billion compared to the expected $41.40 billion. 'Sufferin' succotash,' as Sylvester the Cat would say that's a lotta carrots!

Future Forecast: Cloudy with a Chance of Carrots

Now hold on to your hats because the future's lookin' kinda cloudy. Meta thinks they'll pull in between $42.5 billion and $45.5 billion next quarter. The experts thought they'd hit $44.03 billion. And they're playin' with the numbers for 2025 lowerin' expense expectations to $113 to $118 billion but shoveling more money towards AI. What's all the hubbub bub?

AI: The Great Carrot Caper!

Seems Meta's going all in on AI! Like me with a carrot patch they're investing big time. They're boosting their capital expenditures to between $64 billion and $72 billion for 2025. That's to support their artificial intelligence efforts and the infrastructure it all needs. 'Of course you realize this means war!' on underperforming AI systems I reckon.

Europe's Got a Case of the Grumpies

But hold on a minute doc. It ain't all sunshine and carrots. Seems the European Commission's got a bone to pick with Meta's no ads subscription service. They think it ain't playin' by the rules and that could give European users a less than stellar experience. What a maroon! This could make a dent in Meta's European business and revenue. That’s not very sportsmanlike is it?

Breaking News... Stay Tuned!

And that's all folks! Things are still developing so keep your eyes peeled for updates. It's a crazy world out there but as I always say 'This looks like a job for a super rabbit!'

The End... Or Is It?

So to recap Meta's makin' dough spendin' big on AI and wrangling with the European Commission. It's enough to make a rabbit pull his ears out! But hey that's show business folks! And remember "Ain't I a stinker?"


Comments

  • No comments yet. Become a member to post your comments.