Meta surges on strong first quarter results ...Middle East

Shares of Meta, the newly formed parent company of Facebook, shot up over 10 percent after hours Wednesday following the release of its first quarter earnings report. The company beat Wall Street projections on earnings per share, at $2.72, and even though it just missed revenue expectations, user growth was enough to propel the stock up. Meta reported 1.96 billion daily active users in the first quarter, beating analyst estimates after reporting its first ever decline in users last quarter. "We made progress this quarter across a number of key company priorities and we remain confident in the long-term opportunities and growth that our product roadmap will unlock," Meta founder

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Meta surges on strong first quarter results ...Middle East

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