Meta stock price jumps on Q1 earnings beat, Zuckerberg touting AI

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Meta stock jumps 11% on earnings beat as Mark Zuckerberg touts AI and vows to keep costs down

since it launched TikTok rival Reels.

"When we started this work last year, our business wasn't performing as well as I wanted," Zuckerberg told analysts."But now we're increasingly doing this work from a position of strength."

 

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