Meta Platforms delivered a blockbuster first quarter that sent its stock soaring to all-time highs, with shares jumping over 15% in after-hours trading. The company reported $36.5 billion in revenue, beating analyst expectations and demonstrating that CEO Mark Zuckerberg’s massive AI investments are beginning to yield significant returns. This performance comes despite Meta pouring billions into its Reality Labs division, which continues to operate at a loss while developing metaverse and AR technologies.
Zuckerberg’s pivot to AI appears to be paying dividends as the company reported 8% year-over-year growth in daily active users across its family of apps, reaching 3.24 billion people. Meta’s advertising business showed remarkable resilience, with the company successfully navigating challenges in the digital ad market through improved targeting capabilities powered by AI. The strong results validate Zuckerberg’s decision to invest heavily in AI infrastructure, including a planned $35 billion in capital expenditures for 2024.
Looking ahead, Meta provided optimistic guidance for Q2, projecting revenue between $36.5 billion and $39 billion, which would represent continued growth. The company also announced plans to accelerate its AI development and integration across its platforms, including Instagram, Facebook, and WhatsApp. With Meta’s market cap now approaching $1.2 trillion, Zuckerberg’s long-term vision and willingness to make bold technological bets appear to be resonating with investors who see AI as central to the company’s future growth trajectory.
Source: https://www.businessinsider.com/meta-stock-earnings-call-report-live-updates-2025-4