Meta's strong ad sales dampen tariff-induced fears

Reuters • May 2, 2025

Meta Platforms exceeded first-quarter revenue expectations, driven by strong advertising performance, and anticipates similar success in the second quarter. The company is increasing capital expenditures to bolster AI infrastructure, despite economic uncertai…

Meta Platforms rode strong advertising performance to beat analysts' revenue estimates for the first quarter and match expectations for the next quarter on Wednesday, assuaging investor concerns over… [+4548 chars]

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Meta's strong ad sales dampen tariff-induced fears

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