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Meta more than doubles Q1 profit but revenue guidance pulls shares down after-hours

Facebook and Instagram parent company Meta says its first-quarter profit more than doubled, boosted by higher advertising revenue and a 6% increase on the average price of ads on its platforms.

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Meta's stock sags under the weight of aggressive AI spending

Meta has been spending insistently to compete on AI against other tech peers like Microsoft and Alphabet.

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Form SC 13D/A Korro Bio, Inc. Filed by: New Enterprise Associates 17, L.P.

Form SC 13D/A Korro Bio, Inc. Filed by: New Enterprise Associates 17, L.P.
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Why Are There So Many Americans That Can't Find A Job Even Though They Are Desperate To Be Hired?

According to the absurd numbers that the government feeds us, the unemployment rate is very low and there are lots of jobs available. But if what they are telling us is true, why are so

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Who's selling your digital data? California offers tools to protect online privacy – Daily News

About 450 companies are on the data broker registry in California, and a law passed last year will make it easier to delete the data they collect about people.

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First amendment stories at Techdirt.

Posts about first amendment written by Leigh Beadon and Techdirt

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Meta Projects Higher Spending in Deeper Push Into AI

(Bloomberg) -- Mark Zuckerberg is asking for investors to stay patient. Again.Most Read from BloombergBiden’s Gains Against Trump Vanish on Deep Economic Pessimism, Poll ShowsTaylor Swift Is Proof That How We Critique Music Is BrokenZuckerberg Asks for Patience After Meta’s AI Push Irks InvestorsTech Giants Hit in Late Hours After Meta’s Outlook: Markets WrapBiden’s New Chopper Is Demoted After Scorching White House LawnAfter Meta Platforms Inc. revealed that it will spend billions of dollars mo

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Meta Platforms reports a strong Q1: find out more

Meta Platforms reports a strong Q1: find out more
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Meta Q1 Results: Facebook parent more than doubles profit to $12.37 billion

Meta Q1 Results: Despite the increase in profit and revenue for the January-March 2024 period, Meta shares tanked 16 percent in after-hours trading after revenue guidance was lukewarm.

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Meta Stock Slides Despite Q1 Earnings Beat | Investor's Business Daily

Meta Stock Slides Despite Q1 Earnings Beat | Investor's Business Daily
investors.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investors.com Daily Mail and Mail on Sunday newspapers.

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