Meta Platforms' shares rise as revenue beats forecasts on boost from AI tools

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 ...