Meta Platforms jumps 6% on earnings beat, advertising resilience
1. Meta's shares rose over 6% after strong earnings report. 2. Q1 revenues grew 16% year-over-year, totaling $42.31 billion. 3. Advertising revenue exceeded forecasts, reaching $41.39 billion. 4. The company uplifts capital expenditures for AI investments. 5. Analysts believe Meta is well-positioned despite macroeconomic uncertainty.