Meta beats expectations, sending share price soaring

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SAN FRANCISCO: Meta reported robust second-quarter financial results Wednesday (Jul 30), with revenue jumping 22 per cent year-over-year to US$47.5 billion as the social media giant continues investing heavily in artificial intelligence. The Facebook and Instagram owner's share price soared as much as 12 per cent in after-hours trading, with investors buoyed by the company's growing advertising business and a rise in users across its family of platforms. "We've had a strong quarter both in

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Meta beats expectations, sending share price soaring https://www.channelnewsasia.com/ - 31.07.2025 06:47

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Meta beats expectations, sending share price soaring https://www.channelnewsasia.com/ - 31.07.2025 06:47