Mark Zuckerberg’s Meta Platforms beat Wall Street estimates for first-quarter revenue on Wednesday, signaling that its artificial intelligence-powered tools helped pull in advertising dollars despite tariff-related economic growth fears.Shares of the company were up nearly 3% in extended trading.The social media company reported revenue of $42.31 billion for the first quarter, compared with analysts’ average estimate of $41.40 billion, according to data compiled by LSEG.Mark Zuckerberg’s Meta reported reven ...

Social media giant Meta Platforms posted better-than-expected numbers in the first quarter, with revenue surging 16% from a year ago to reach $42.3 billion, lifting shares in after-hours trading. The results showed advertising dollars continuing to fill Meta’s coffers despite significant macroeconomic uncertainty. Shares in Meta climbed 4% after hours. They have slumped 6% in 2025. Earnings per share came in at $6.43, well above Wall Street analysts’ consensus expectation for $5.22. The Street had set the ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

Meta Reports First Quarter 2025 Results First Quarter 2025 Operational and Other Financial Highlights ____________________________________ MENLO PARK, Calif. – April 30, 2025 – Meta Platforms, Inc. (Nasdaq: META) today reported financial results for the quarter ended March 31, 2025. (1) For more information on our free cash flow non-GAAP financial measure, see the sections entitled "Non-GAAP Financial Measures" and "Reconciliation of GAAP to Non-GAAP Results" in this press release. 1 • Family daily active p ...

MENLO PARK, Calif., April 30, 2025 /PRNewswire/ -- Meta Platforms, Inc. (Nasdaq: META) today reported financial results for the quarter ended March 31, 2025."We've had a strong start to an important year, our community continues to grow and our business is performing very well," said Mark Zuckerberg, Meta founder and CEO. "We're making good progress on AI glasses and Meta AI, which now has almost 1 billion monthly actives."First Quarter 2025 Financial Highlights Three Months Ended March 31, % Change ...

TEMECULA, Calif., April 30, 2025 (GLOBE NEWSWIRE) -- While tech giant Meta released its tenth product on Product Hunt this week, it was a small, bootstrapped speech therapy practice that quietly earned a spot among the platform’s Top 100 product launches. Melospeech Inc. launched its new documentation tool, The SLPeaceBot™, on April 28th, ranking #56 for the day — just behind Meta’s AI product launched in the same week which reached the top 3. But unlike Meta, which has access to billions in funding and a g ...

An antitrust trial against Meta Platforms META has put the company's segments, such as Instagram and WhatsApp, into the spotlight, as the company could be forced to divest these units.A Benzinga reader poll shows a potential break-up could be a value unlock for Meta Platforms as they share which new unit they would want to own.What Happened: An antitrust trial by the Federal Trade Commission could cast a shadow over Meta Platforms, with its first-quarter financial results due Wednesday after the market clos ...

Meta is set to report its first quarter earnings on Wednesday after the bell, and investors will be looking for news on whether the company met its quarterly revenue goals of somewhere between $39.5bn and $41.8bn.Wall Street is projecting the company will post $41.36bn in revenue on $5.21 in earnings per share.While Meta has repeatedly beaten Wall Street expectations in the past few quarters, analysts were disappointed by the first quarter revenue outlook Meta chief executive Mark Zuckerberg shared at the e ...

Mark Zuckerberg, CEO of Meta Platforms, during the Meta Connect event in Menlo Park, California, on Sept. 25, 2024.Meta is set to report its first-quarter earnings on Wednesday, and investors will be looking for any signs that President Donald Trump's tough China tariffs are affecting the company's online ads business.Here is what analysts polled by LSEG are expecting:Earnings per share: $5.28 expectedRevenue: $41.39 billion expectedAnalysts expect Meta's China-derived advertising business to feel the most ...

Core Insights - Meta has launched a stand-alone Meta AI app, coinciding with its first AI developer event, LlamaCon, with nearly a billion users currently utilizing Meta AI across its platforms [1][2] - The app features a personalized AI assistant built on the Llama 4 model, which learns user preferences and includes a social feed for sharing AI prompts [2][3] Group 1: App Features - The Meta AI app allows users to interact with an AI assistant, offering personalized experiences and a social feed for sharing prompts, distinguishing it from competitors like ChatGPT [2] - The app serves as a companion for Meta's AI-powered Ray-Ban glasses, enhancing its utility [2] - Users can share prompts publicly, with the initial feed populated by Meta employees and content creators to avoid a lack of content at launch [3][4] Group 2: Creator Engagement - Meta has actively onboarded content creators to populate the app's feed, providing them early access without financial compensation [4] - The app's feed features a variety of prompts, including creative and humorous content shared by influencers, showcasing the potential for new forms of content creation [5][8] - The educational aspect of the app encourages users to share prompts to inspire others, fostering a community of learning [8][9] Group 3: Social Features and Limitations - While users can interact with posts through likes and replies, the app lacks comprehensive social media functionalities, such as following profiles or searching for creators [7] - The current focus is on learning how to effectively prompt the AI rather than building a following, indicating a different approach to content creation [6][8]