Facebook parent Meta forecasts upbeat Q3 revenue after strong quarter
By Katie Paul and Yuvraj Malik (Reuters) -Meta Platforms beat market expectations for second-quarter revenue on Wednesday and issued a rosy sales forecast for the third quarter, signaling that robust digital-ad spending on its social media platforms can cover the cost of its artificial-intelligence investments. Shares of the company were up 4% after the bell. …
Facebook parent Meta forecasts upbeat Q3 revenue after strong quarter Read More »