Analysts cheered Meta's results, pointing to improved ad targeting, increased Reels monetization and a payoff from cost-cutting efforts.
Meta Platforms Inc.'s stock was boosted Thursday after the social-media company's earnings showed at least one analyst that Meta has “simply done everything right.”
An organization founded by Meta, Microsoft, and Amazon just released an open map dataset. Google Maps and Apple Maps currently dominate the mobile map market.

Where are Meta boss Mark Zuckerberg's priorities?

08:39am, Thursday, 27'th Jul 2023
Is Facebook parent company Meta Platforms Inc (NASDAQ:FB) still a social media company, or is it now a virtual reality enterprise? Perhaps a burgeoning artificial intelligence thought leader?
Wall Street applauded the social media company's growth in short-form video and its expansion in AI. Expenses are a concern for some.
Meta's second quarter revenue, at almost $32 billion, increased 11% over the same period last year and grew at the fastest clip since the end of 2021, primarily driven by a 12% jump in advertising rev

5 Things to Know Before Markets Open

07:45am, Thursday, 27'th Jul 2023
Meta shares are surging after the social media giant posted third quarter revenue projections that beat expectations and the release of the U.S. GDP is expected to show the economy remained steady in
Mark Zuckerberg's mission to turnaround Meta's fortunes is working. Meta posted revenues of $32 billion for its second quarter – 11% higher than last year.

AMERICAS ECB to follow Fed hike, Meta surges

06:03am, Thursday, 27'th Jul 2023
A look at the day ahead in U.S. and global markets from Mike Dolan
While discrediting the acumen of experts seems to be a popular exercise on the Internet, investors can potentially gain handsomely from top analyst stocks. Of course, you'll find some research on this
Meta Platforms Inc. stock META, +1.39% rose 8% after the Facebook and Instagram parent handily beat Wall Street expectations for its second quarter and ad revenue jumped.
Facebook parent company Meta Platforms posted stronger-than-expected results for the second quarter on Wednesday, buoyed by a rebound in online advertising after a post-pandemic slump.
Wood's ARK Innovation fund is riding high this year. So are her expectations for robotaxis, drone delivery, and Coinbase, as she explains in an interview.
Meta ad revenue continues to show signs of recovery, although the same cannot be said for Snap. Formerly going by Facebook, it was the social media platform's advertisement business that helped Mark
Facebook now has 3 billion monthly users, but most of the growth came from outside the US and Canada. That's a 6% on-year increase and marks a fourth straight quarter of monthly user growth for Facebo
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