“You don’t pick captains for one tour or two tours,” Agarkar said. “We have seen some progress over the last year or two with him. No doubt, it is going to be tough as it gets.”
For the current quarter, Meta forecast revenue in the range of $42.5 billion to $45.5 billion. Analysts are expecting $43.84 billion.The Menlo Park, California-based company also raised its capital expenditures estimate for 2025 to $64 billion-$72 billion, up from its prior outlook of $60 billion-$65 billion. Meta said the new guidance “reflects additional data center investments to support our artificial intelligence efforts as well as an increase in the expected cost of infrastructure hardware.”
“We’ve had a strong start to an important year, our community continues to grow and our business is performing very well,” CEO Mark Zuckerberg said in a statement. “We’re making good progress on AI glasses and Meta AI, which now has almost 1 billion monthly actives.”He said in a conference call with analysts that the company is in a good position to navigate the ongoing economic “uncertainty.”Zacks Investment Research analyst Andrew Rocco said that while many companies have not been providing guidance amid tariff concerns and an uncertain economic environment, the fact that Meta did is a “bullish sign.”
Meta said more than 3.4 billion people, on average, used at least one of its apps in March. That’s up 6% from a year earlier.On Tuesday, Meta released a
, called Meta AI, that includes a “discover” feed that lets users see how others are interacting with AI.
Meta shares jumped $24.20, or 4.4%, to $573.20 in after-hours trading. The stock is down about 8% year-to-date.like mastodons, saber-toothed cats and dire wolves that once roamed North and South America.
But new research from several sites is starting to suggest that people came to the Americas earlier —— than once thought. These findings hint at a remarkably different life for these early Americans, one in which they may have spent millennia sharing prehistoric savannas and wetlands with enormous beasts.
This combination of illustrations provided by researchers in 2024 shows large animals which once roamed prehistoric North and South America. Top row from left, a glyptodon, a lestodon, and a horse. Bottom row from left, a mastodon, a saber-toothed cat and a toxodon. (Mauro Muyano via AP)This combination of illustrations provided by researchers in 2024 shows large animals which once roamed prehistoric North and South America. Top row from left, a glyptodon, a lestodon, and a horse. Bottom row from left, a mastodon, a saber-toothed cat and a toxodon. (Mauro Muyano via AP)