Meta Platforms forecast second-quarter revenue above market expectations as digital advertisers pivot to tried and tested platforms such as Facebook and Instagram amid growing economic worries.
Google parent Alphabet Inc reported strong results on Tuesday as its digital ad sales held up better than expected and demand rose for cloud services. "Our AI work is driving good results across our apps and business. We're also becoming more efficient so we can build better products faster and put ourselves in a stronger position to deliver our long term vision," Zuckerberg said.
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