Meta Stocks Rise as Q1 Ad Sales Maintain Strong, 2025 AI Spe…

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TMTPOST -- Meta Platforms, Inc. shares rose as much as 8% and closed 4.2% higher Thursday. Share rallied after the Facebook operator flexed muscles in digital advertising for last quarter and continued to ratchet up artificial intelligence (AI) spending.Credit：Pixabay Meta beat Wall Street expectation both top and bottom line for the quarter ended March 31. Revenue popped 16% year-over-year (YoY) to $42.31 billion, better than analysts estimated $41.38 billion. Though sales cooled compared with a 21% YoY increase for the previous quarter. Diluted earnings per share (EPS) was $6.43 with a 37% YoY increase, compared with projecti