Wednesday, April 30, 2025, 4:20 pm
Meta’s quarterly results revealed an intriguing blend of impressive revenue growth alongside a significant setback in its Reality Labs division. While soaring sales figures—including a blockbuster $42 billion in sales—drew cheers, the staggering $4.2 billion loss from Reality Labs added an ironic twist to an otherwise promising performance, leaving investors both impressed and amused.
Reddit: r/virtualreality
Bluesky: @sarahp.bsky.social, @techcrunch.com
Meta's stock has performed better than other Big Tech peers, falling only 5% year-to-date.
Facebook and Instagram parent company Meta Platforms Inc. delighted investors today as it crushed analyst’s targets on earnings and revenue, sending its stock higher in extended trading. The company reported first-quarter earnings before certain costs such as stock compensation of $6.43 per share,…
Instagram Threads, Meta’s X competitor, has now grown to over 350 million monthly active users, CEO Mark Zuckerberg revealed during the company’s Q1 2025 earnings call on Wednesday. That’s an increase of 30 million users since the prior quarter, where Meta reported that Threads had 320 million…
Meta Soars After Blowing Away Estimates, Hikes Capex Forecast In our preview of META's Q1 results this afternoon (ahead of which Goldman's desk had positioning as a 7 out of 10), we said that it feels like centuries ago that META had that 20-day winning streak in Jan/Feb with the name…
Meta’s Revenue Rises 16% in the First Quarter The Information
The tech giant’s outlook may allay investor concerns about the digital advertising market.
Meta’s Reality Labs posts $4.2 billion loss in first quarter
permalink / 7 stories from sources in 4 days ago #meta #earnings #technology
In a twist of Apple’s product rollout, reports reveal a segmented launch for the iPhone 18 series. Conflicting timelines suggest a split strategy where premium models might debut earlier than the base version, leaving consumers and analysts wondering which schedule holds true amid evolving supply chain dynamics—Apple definitely loves keeping us on our toes. More...
Analyst Ming‐Chi Kuo outlines Apple’s plans for a 2027 launch featuring its second-generation foldable iPhone, set to debut alongside an upgraded slim model sporting a larger display. This signal of continued experimentation with innovative form factors arrives as part of a broader refresh in Apple’s product strategy. More...
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Anysphere, the developer behind the AI-powered Cursor app, has celebrated a major financial milestone by securing $900 million in funding that pushed its valuation to an impressive $9 billion. Investors seem to be betting on the future of coding as AI takes center stage, leaving traditional methods in the rearview mirror. More...
President Trump has signaled a willingness to push back the impending TikTok ban, indicating yet another delay to give American buyers more time while a deal for U.S. operations hangs in the balance. Amid the ongoing tug-of-war between regulatory pressure and business interests, the saga continues with Trump’s familiar high-stakes negotiation style. More...
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