Thursday, May 1, 2025, 9:20 am
Meta’s Q1 fiscal results painted a compelling picture of resilience as the company not only recorded impressive net income figures but also reported booming ad revenues driven by strong growth in the Asia-Pacific market. Despite economic jitters elsewhere, Meta’s performance has left investors with mixed feelings of cautious optimism and raised eyebrows.
Meta's Q1 revenue reached US$42.31 billion, exceeding analysts' expectations by over US$1 billion.
Seriously, HTF does Reality Labs bleed SIXTY BILLION US DOLLARS in FIVE years? Meta's Reality Labs division continued its losing streak with another $4.2 billion down the drain in the first quarter of 2025. CEO Mark Zuckerberg's stated priorities on Wednesday's earnings call suggest his metaverse…
US tech-related stocks jump after Microsoft, Meta Platforms results Reuters
It's not really a secret that the advertising industry is about to get upended by AI - one reason big platform companies like Google and Meta have been so deeply invested in photo and video generation is because they know the first heavy users of those tools will be advertisers on their platforms.…
Investors this earnings season are watching for signs that President Donald Trump's tariff push and global trade uncertainty are hampering advertising demand.
Despite reduced ad spending from Asian ecommerce exporters, Meta hit an ad revenue of $41.4 billion in Q1FY25 driven by growth in the Asia-Pacific region. The post Meta Q1FY25 Ad Revenue Hits $41.4B Driven By Asia Pacific Growth Despite Reduced Ad Spending appeared first on MEDIANAMA.
Tech giant Meta recorded a net income of more than $16.6 billion between January and March 2025, as per its quarterly results report. The post Earnings Report: Meta Logs Over $16.6 Billion In Net Income During Q1FY25 appeared first on MEDIANAMA.
permalink / 7 stories from sources in 8 days ago #meta #earnings #business
Google has agreed to a settlement of roughly $1.375 billion to settle allegations of invasive data tracking practices in Texas. Both reports detail the breach of users’ sensitive geolocation and privacy rights, marking another hefty reminder that digital privacy demands serious oversight—even if enforcement sometimes seems as elusive as a mirage. More...
Facing escalating U.S. tariffs, Apple appears to be quietly shifting iPhone production to Brazil through its Foxconn partnership. Despite Apple’s denials, industry insiders suggest this strategic relocation aims to stabilize prices and secure the supply chain, proving that when it comes to international trade, geography often trumps rhetoric. More...
Samsung has kicked off a high-profile unveiling of its long-anticipated superslim Galaxy S25 Edge, sparking excitement among tech enthusiasts. The event showcased the phone’s innovative design and cutting-edge features, setting the stage for a fiercely competitive market. Not exactly a revolution, but enough to make followers drool. More...
HR tech startup Rippling has astonished investors by reaching a $16.8 billion valuation following a $450 million Series G financing round. This meteoric rise, buoyed by savvy venture capital interest (YC reportedly being one of the backers), adds another chapter to today’s ever-expanding unicorn saga. More...
U.S. Customs and Border Protection is set to capture every face of drivers leaving the country with high-tech facial recognition that matches travelers against their passports. The agency’s ambitious plan has security officials applauding while privacy advocates raise an eyebrow at this unprecedented surveillance move. More...
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