The Latest Breaking News from Meta

Meta stock soared Thursday after the Facebook parent reported better-than-expected sales and earnings during its first quarter.

"We're becoming more efficient so we can build better products faster and put ourselves in a stronger position to deliver our long term vision," said CEO Mark Zuckerberg.

The Facebook-parent is dealing with a “significant gap.”

The metaverse sounds like it could be a scary place. Recent headlines have highlighted the dangers to children of the metaverse – a generic term for the range of online virtual worlds, developed by different tech companies, in which users can interact. Children’s charities have raised concerns about its potential…

The Dow Jones rose Wednesday, as Microsoft surged on earnings. Tesla stock was downgraded. And Facebook earnings are next.

Stock futures higher as tech earnings offset bank sector concerns; Microsoft surges as cloud boosts Q3 earnings, AI supports outlook; Google shares higher on resilient ad spending, $70 billion buyback plans; Meta earnings on deck amid Zuckerberg's 'year of efficiency' and Boeing higher ahead of earnings following solid Q1 deliveries.

June S&P 500 futures (ESM23) are up +0.40%, and June Nasdaq 100 E-Mini futures (NQM23) are up +1.27% this morning as solid earnings from a couple of U.S. tech giants boosted market sentiment.

"Companies like Meta are not able to operate our social media services in China,” said the Meta executive in an interview aired Tuesday.

A new book by Assouline, ‘Metaverse Dream’, suggests we'll spend a decade of our lives in the metaverse. But will it take us on holiday?

TikTok, Twitter, Facebook, Google, and Amazon are facing rising pressure from European authorities as London and Brussels advanced new rules Tuesday to curb the power of digital companies.

A top Meta executive wrote in a memo that there was a need for a "fundamental shift" in the company's infrastructure.