Meta Platforms joined artificial intelligence Goliath Microsoft in reporting better-than-expected quarterly earnings results after the closing bell on April 30. The parent company of Facebook, Instagram,

West Coast tech giants Microsoft and Meta both exceeded analyst forecasts in first-quarter earnings reports Wednesday.

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.

Instagram and Facebook parent Meta Platforms Inc. posted better-than-expected results Wednesday for the first quarter thanks to strong advertising revenue on its social media platforms.

Meta Platforms beat Wall Street estimates for first-quarter revenue on Wednesday, signaling that its artificial intelligence-powered tools helped pull in advertising dollars despite tariff-related economic growth fears.

Meta Platforms unveiled the very first true artificial intelligence independent app, Meta AI. This is at the threshold of a big shift in the AI direction of the

Facebook owner Meta Platforms has launched a stand-alone artificial-intelligence app, becoming the latest technology giant to enter a field already facing intense competition.

Meta probably should have created a standalone Meta AI mobile app from the start to take on ChatGPT, Claude, Gemini, DeepSeek, and others. However, the company chose to force Meta AI on Facebook, Messenger,