Digital Journal
Tech giant Meta reported quarterly profits well above expectations Wednesday, brushing aside market worries that its heavy investments in cloud computing and artificial intelligence would hamper growth. The company reported a $16.6 billion profit in the first three months of the year on revenue of $42.3 billion…
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Meta quarterly profit climbs despite big cloud spending
AFP
06:26
Tech giant Meta reported quarterly profits well above expectations Wednesday, brushing aside market worries that its heavy investments in cloud computing and artificial intelligence would hamper growth. The company reported a $16.6 billion profit in the first three months of the year on revenue of $42.3 billion…
