Meta’s AI Spending Pays Off

WSJ What’s News

The Wall Street Journal

News, Daily News

4.1 • 4.2K Ratings

🗓️ 29 January 2026

⏱️ 13 minutes

🔗️ Recording | iTunes | RSS

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Summary

A.M. Edition for Jan. 29. Investors are rewarding Meta after the company’s latest earnings showed massive AI investments translating into a jump in digital-ad revenues. State Street’s Altaf Kassam gives his take on the AI boom’s early winners and losers. Plus, WSJ deputy finance editor Quentin Webb gives us the backstory on the metals rally that just won’t quit. And FBI agents search a Georgia election office as part of a broader push to re-examine Trump’s 2020 loss. Luke Vargas hosts. Check out Sumathi Reddy's reporting on what happens when you stop taking GLP-1 drugs. Sign up for the WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	How are the U.S. businesses of Philip Morris International invested in America?
0:05.0	We're invested in advancing science, giving adults who smoke better options.
0:10.0	We're invested in American manufacturing, helping local economies thrive.
0:15.0	We're invested in community, supporting military veterans and their families,
0:19.0	disaster relief, and economic empowerment.
0:22.5	Because we're proud to be invested in America. See how at uspMI.com.
0:33.5	FBI agents search a Georgia election office, part of a push to re-examine Trump's 2020 loss,
0:40.7	plus the backstory on the medals rally that just won't quit, and investors reward meta for
0:47.2	growing its digital ad revenue as big tech's AI costs pile up.
0:51.5	The market is getting increasingly worried that this massive spending is needing to deliver results now,
0:57.7	and advertising is one of the easiest and quickest ways to monetize that, with the promise of more to come.
1:03.4	It's Thursday, January 29th.
1:05.2	I'm Luke Vargas for the Wall Street Journal, and here is the AM edition of What's News.
1:10.0	The top headlines and business stories
1:11.8	moving your world today.
1:16.9	Gold has hit another record high, topping the $5,500 mark for the first time as the rush to
1:23.6	precious metals continues. After recording its strongest annual performance since
1:28.1	1979 last year, the World Gold Council said the global demand for the Safe Haven
1:33.5	asset is expected to remain strong this year, driven by lower interest rates and
1:38.7	persistent geopolitical risks. Deputy Finance Editor Quinton Webb says the run-up in prices
1:44.1	means a lot of different
1:45.6	investors are trying to get in on the trade. We've had this long spate of elevated buying by
	...

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