From NBC News: 2024-04-24 20:18:18

Meta Platforms exceeded expectations in Q1 with sales, earnings, and cash flow growth, but stock dropped 15.5% in after-hours trading due to guidance concerns. CEO Zuckerberg emphasized the need for increased investments in AI, despite a light current quarter sales forecast. AI investments are seen as a long-term opportunity for revenue and earnings growth. Additionally, Meta stands to benefit from potential TikTok ban.



Read more at NBC News:: We see Meta’s Q1 earnings-related stock slide as an opportunity