Why Meta Platforms Is Soaring Today
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Shares of Meta Platforms rose 4.9% after the company reported Q1 2025 earnings that exceeded Wall Street expectations, with EPS of $6.43 and sales of $42.3 billion. The forecast for Q2 revenue also surpassed estimates. CEO Mark Zuckerberg highlighted the strength of the advertising business and growth in AI, with a significant increase in capital expenditure for AI programs. Meta's active user base grew 6% year-over-year, contributing to its earnings growth and making its stock a strong investment choice.
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