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.
Sunil Gold India files draft papers with Sebi to float IPO
Sunil Gold India Ltd is preparing for its initial public offering. The company plans to raise funds through a combination of new share issuance and