META BEATS Q1 EARNINGS ESTIMATES, OFFERS STRONG Q2 OUTLOOK DESPITE FEAR OF TARIFF

Meta beats Q1 earnings estimates, offers strong Q2 outlook despite fears of tariff-influenced ad slowdown.
Social media giant Meta (META) reported its first quarter results after the bell on Wednesday, beating on the top and bottom lines. But the company also raised its full-year capital expenditure estimates to between $64 billion to $72 billion, up from $60 billion to $65 billion.

Despite fears of an advertising slowdown amid tariff uncertainty, Meta says it anticipates Q2 revenue of between $42.5 billion and $45.5 billion, ahead of Wall Street's expectations of $44 billion.