Meta's First Quarter Profit Soars 35%, Posts Second-Best Revenue Ever

Meta did not show any signs of an economic slowdown when it reported its first quarter earnings on Wednesday, with the parent company of Instagram and Facebook seeing its quarterly profit soar 35% compared to the same time a year ago. The company, led by CEO Mark Zuckerberg, also reported $42.31 in first quarter revenue, which was the second-best quarter in Meta's history. "We've had a strong start to an important year, our community continues to grow and our business is performing very well," CEO Mark Zuckerberg said in a statement. "We're making good progress on AI glasses and . . .