Wednesday. But what really wowed investors was its guidance for the current quarter, which easily exceeded analysts' views. A good deal of the positivity comes from Facebook's digital advertising revenue rising again. Chinese companies and online retailers are driving this, according to Susan Li, Meta's chief financial officer.
Meta stock popped 8% in extended trading. The stock is already up 160% this year as of Wednesday's close.Shell, which is aiming to become a net-zero emissions business by 2050, said it was concerned by what it described as a "short-sighted" decision.for the second quarter, as commodity prices have fallen globally. Analysts had expected the decline, since profits last year were astoundingly high, but the adjusted profit figure of $5.