Meta Platforms exceeded first-quarter revenue expectations, driven by strong advertising performance, and anticipates similar success in the second quarter. The company is increasing capital expenditures to bolster AI infrastructure, despite economic uncertainties and potential tariff impacts. While some advertisers are reducing spending, Meta’s reliable platform positions it to benefit from market instability, though regulatory challenges in Europe loom.
Defying gravity: This smallcap stock surges 22% in just two sessions after BNP Paribas buys stake
Unified Data Tech surged 16% to a 52-week high of ₹387 on strong volumes following a block deal where BNP Paribas acquired over 1 lakh