From Yahoo Finance: 2025-05-05 12:15:00

Heading into earnings season, fears about hyperscalers like Meta Platforms pulling back on spending were dispelled as Meta increased its full-year capital expenditure guidance and delivered strong first-quarter results, leading to a 4.2% increase in its stock price. Meta’s revenue rose 16%, operating income soared 27%, and net income and diluted EPS jumped 35% and 37%, respectively. The company’s growth is supported by increased user engagement and advertising revenue. Meta’s long-term investments in AI and research and development, despite losses in Reality Labs, demonstrate its commitment to sustained growth and shareholder returns.



Read more at Yahoo Finance: Meta Platforms Is Ramping Up Data Center and AI Investments. Is the Growth Stock a Buy Now?