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Bank of America resets price target as Meta earnings send stock reeling
Yahoo Financeยท 2025-10-30 18:47
Meta reported its Q3 earnings on October 29. During the earnings call, Meta CEO Mark Zuckerberg said: "More than a billion monthly actives already use Meta AI, and we see usage increase as we improve our underlying models. I'm very excited to get a frontier model into Meta AI, and I think that the opportunity there is very large." He also commented on the successful launch of Meta's first Ray-Ban glasses with a high-resolution display and the Meta Neural Band. They sold out in almost every store within ...