(BFM Stock Exchange)-The Mother House of Facebook and Instagram has delivered results higher than the expectations in the second quarter and communicated a target of income clearly above the consensus for the third quarter. What reassure the market on the relevance of its expenses in AI. The action took 11.5% in post-market trade in Wall Street.

Meta saw her status change at all at Wall Street. Formerly ashamed of investors for its hazardous expenses in the metarers, the Movers of Facebook, Instagram and WhatsApp is now considered a champion of artificial intelligence (IA) by investors.

The market particularly appreciated the company’s latest publications. Each time, Meta has accelerated the growth of its advertising revenues, taking advantage of its (heavy) investments in AI to improve the commitment and targeting of the audience with its advertisers.

The copy delivered Wednesday evening by Meta was no exception. The action of the group led by Mark Zuckerberg jumped 11.5% in post-market trade in Wall Street following the publication of the second quarter results.

>> Access our exclusive graphic analyzes, and enter into the confidence of the trading portfolio

New Bond of income

Over the period from April to the end of June, Meta generated income of $ 47.52 billion, up 22% over one year.

“Management stressed that the demand of advertisers, in particular in the online commerce sector, including companies based in China, has largely contributed to this increase, thanks in particular to the improvement of targeting and advertising measure thanks to artificial intelligence,” observes Gene Munster, manager at Deepwater AM.

According to AFP, META director general, Mark Zuckerberg, told analysts that AI allowed, for example, to recommend locations to advertisers and user content. So to, ultimately, increase the conversion rate of advertisements and the time spent on the networks.

The operating profit has climbed 38% to 20.44 billion dollars, reflecting an impressive margin of 43%. Net profit increased 36% to $ 18.33 billion, or $ 7.14 per share.

Meta has greatly exceeded expectations. According to a visible alpha consensus, analysts were tabling on income of $ 44.81 billion and a profit per share of $ 5.89.

The American group also delivered much stronger forecasts than anticipated by analysts for the third quarter. During this period, Meta said it wanted to generate income between 47.5 billion and $ 50.5 billion when analysts were tabling on income of $ 46 billion.

Investment expenses identified

So many figures that confirm the market in the idea that the company’s heart business activities, such as online advertising, are profitable and dynamic enough for the group to continue to invest heavily in AI.

Meta also announced Wednesday to tighten its investment expenditure range (CAPEX) for 2025. The company provides an amount ranging from $ 66 billion to $ 72 billion, compared to 64 billion at 72 billion previously.

These expenses must in particular allow the group to develop its concept of “superintelligence”, defined by Mark Zuckerberg as the ability of AI to go beyond artificial intelligence in all areas.

“The exceptional quarter of Meta is the best example to date of the Tangible IA impact on the growth of turnover and large -scale profits”, Judge Gene Munster. “The question of whether AI has a return on investment can now be considered adjusted,” he adds.