Earlier last week, Meta (Nasdaq: META), formerly Facebook, announced its first quarter results that outpaced market expectations. The company continues to invest in its Metaverse initiative, but the results announcement drove the stock up 12% in the after-hours trading session. Meta's Financials Meta's Q1 revenues grew 3% to $28.65 billion, ahead of the market's estimates of $27.65 billion. Adjusted EPS fell 24% to $2.20, which was also significantly better than the market's forecast of $2.03. Daily Active Users (DAUs) grew 5% to 2.04 billion compared with the market'...