Meta's strong ad sales dampen tariff-induced fears
Advertising
Meta Platforms rode strong advertising performance to beat analysts' revenue estimates for the first quarter and match expectations for the next quarter on Wednesday, assuaging concerns from investors over tariff-related economic growth fears. Shares of the company were up nearly 6 per cent in extended trading. The Facebook and Instagram parent company reported revenue of $42.31 billion for the first quarter, compared with analysts' average estimate of $41.40 billion, according to data compiled
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