From Yahoo Finance: 2025-04-30 16:10:00

Meta Platforms beat revenue estimates for Q1, matching projections for Q2. Increased capex to $64-$72B for 2025 to support AI infrastructure. Shares surged 5% in extended trading. Meta reported $42.31B revenue for Q1, with profit of $6.43 per share. Second-quarter revenue expected between $42.5-$45.5B. Nearly 1B people use Meta’s AI assistant monthly.

Meta’s user base rose to 3.43B DAP. Advertising revenue crucial for Meta, with U.S. advertisers like Temu and Shein cutting ad spending. Snap held back forecast, citing economic uncertainty. Meta faces regulatory challenges in Europe and high-stakes trial in Washington to unwind Instagram and WhatsApp acquisitions. AI chip makers’ shares rose post-Meta’s results.

Meta’s advertising reliability makes it attractive amid economic instability. Li warns of potential impact from EU ruling and ongoing regulatory battles. Ad revenue in impacted regions accounts for 16% of Meta’s 2024 revenue. Meta continues to focus on AI development and user engagement before monetization efforts.



Read more at Yahoo Finance: Meta’s strong ad sales dampen tariff-induced fears