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Muttu Havalagi

šŸŽ„-šŸŽµ-šŸ-⚽ "Finding ... • 12m

Meta (Facebook's parent company) reported strong Q1 2024 results, with revenue up 27% year-over-year to $36.46 billion and net income up 117% to $12.37 billion. However, the company issued a light Q2 revenue forecast and announced higher capital expenditures for FY 2024 due to increased AI infrastructure investments.

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