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Meta earnings beat, boosted by ad revenue rebound, cost cuts

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Social media giant Meta Platforms (META) reported third quarter results that beat analyst estimates on both the top and bottom lines. Earnings of $4.39 per...

on both the top and bottom lines. Earnings of $4.39 per share handily beat Wall Street expectations of $3.70 and the $34.15 billion in revenue topped estimates of $33.51 billion. Meta benefited from stronger-than-expected ad revenue as well as the costs cuts stemming from CEO Mark Zuckerberg's".

The founder of Chinese property developer Evergrande — who was once Asia's second-richest person — is no longer a billionaire Pfizer will still benefit from the 25% stake it retained as well as full rights to the drug outside the US and Japan. If AI Is Indeed the 4th Industrial Revolution, You’ll Want to Buy These Stocks Sooner Rather Than Later

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