• TRM (USD/COP)COP 3,235.59 +1.65% +COP 52.60Colombia's official exchange rate (Financial Superintendence), valid Nov 4 to Nov 4
  • EuroCOP 3,617.08 +1.72% +COP 61.02Reference: TRM crossed with the European Central Bank rate of Nov 3; not the market quote
  • Mexican pesoCOP 173.98 +3.35% +COP 5.64Reference: TRM crossed with the European Central Bank rate of Nov 3; not the market quote

Meta jumps on Wall Street after beating forecasts and doubling down on AI

TechnologyInternationalAmbito35 s readAI summary
Image: Ambito

Meta, owner of Facebook, Instagram and WhatsApp, reported 26% revenue growth and projected fourth-quarter revenue of between $73 billion and $76 billion, above expectations. GAAP earnings per share were $3.83; excluding the $9.89 billion charge from an agreement with U.S. prosecutors, it would have been $7.40. It raised the floor of its 2026 capital investment plan to $135 billion and announced a new class of non-voting shares.

In 35 seconds

  • Revenue grew 26% and the fourth-quarter guidance tops the market consensus
  • The $9.89 billion charge from the agreement with U.S. prosecutors pushed the operating margin to 20%, from 40% a year earlier
  • Quarterly capex was $34.91 billion and free cash flow was negative at $2.12 billion
Read the full story at Ambito

IASummary generated by artificial intelligence from a story by Ambito. It may contain errors: the original source prevails.

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