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flag Meta reported a 22% revenue jump to $47.5 billion, but forecasts higher costs due to AI investments.

flag Meta reported strong second-quarter results, with revenue up 22% to $47.5 billion and earnings rising 36% to $18.3 billion, leading to a 9% surge in its stock price after-hours. flag Despite these gains, the company expects costs to rise due to increased investments in AI, forecasting 2025 expenses between $114 billion and $118 billion, a 20-24% year-over-year increase.

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