Meta Platforms Bought Some Time With Long-Term AI Potential

benzinga.com/tech/24/04/38460524/meta-platforms-bought-some-time-with-long-term-ai-potential

On Wednesday, Meta Platforms Inc META topped Wall Street estimates with its first quarter results. But, stock plunged 16% due to a light revenue guidance that overshadowed the fact its revenue grew at a fastest quarterly rate since 2021 and net income more than doubled. Like Apple Inc AAPL, Meta didn’t talk much about AI, until now. During the earnings call, Meta CEO Mark…

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