Meta Q1 Results Beat Expectations, Easing Concerns About Tariff-Tossed Economy's Threat To Big Tech

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$6.43, well above Wall Street analysts’ consensus expectation for $5.22. The Street had set the ...