{"id":33724,"date":"2025-07-31T00:43:09","date_gmt":"2025-07-31T00:43:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/33724\/"},"modified":"2025-07-31T00:43:09","modified_gmt":"2025-07-31T00:43:09","slug":"meta-shares-jump-after-strong-third-quarter-sales-forecast","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/33724\/","title":{"rendered":"Meta shares jump after strong third-quarter sales forecast"},"content":{"rendered":"<p>Meta Platforms topped projections for second-quarter sales and gave a stronger-than-expected forecast for the current period, a sign that the social media company\u2019s advertising business is still growing quickly enough to support aggressive spending on artificial intelligence.<\/p>\n<p>Shares jumped as much as 10 per cent in late trading. Third-quarter sales will be $US47.5 billion ($73.8 billion) to $US50.5 billion, Meta said in a statement on Wednesday (Thursday AEST), with the midpoint of that range exceeding the average analyst estimate of $US46.2 billion, according to data compiled by Bloomberg.<\/p>\n<p>Loading&#8230;<\/p>\n<p class=\"-_137dbe642694dac0-source\">Bloomberg<\/p>\n","protected":false},"excerpt":{"rendered":"Meta Platforms topped projections for second-quarter sales and gave a stronger-than-expected forecast for the current period, a sign&hellip;\n","protected":false},"author":2,"featured_media":33725,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[256,254,255,64,63,105],"class_list":{"0":"post-33724","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-artificial-intelligence","8":"tag-ai","9":"tag-artificial-intelligence","10":"tag-artificialintelligence","11":"tag-au","12":"tag-australia","13":"tag-technology"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/33724","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=33724"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/33724\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/33725"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=33724"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=33724"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=33724"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}