Meta shares jump on strong results as Zuckerberg sets out ‘superintelligence’ goals
Stock rises 11% after-hours as profits and revenues beat Wall Street expectations
Stock rises 11% after-hours as profits and revenues beat Wall Street expectations

Interest in AI and defence tech start-ups has boosted investor activity after a prolonged slowdown

The prize of achieving so-called superintelligence outweighs the risks for Meta chief

Social media group sheds $200bn in market value as Mark Zuckerberg’s investment plans spook investors

Meta has splashed out on star hires and infrastructure as it tries to make up ground in the artificial intelligence race

Chipmaker’s stock rises 7% after reports Trump administration could take an ownership stake

US tech giant’s valuation set to pass $4tn as investors embrace plans to spend $120bn on artificial intelligence next year