Meta's AI Boost, Revenue Surge, Profit Drop

Meta Platforms shares surge three and a half percent as AI news boosts market, despite mixed financial performance. Alphabets AI announcement drives tech sector rally, while Metas revenue growth beats estimates but profit falls short due to tax charge. Future guidance and profitability metrics leave some investors unimpressed.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.