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International Business Times

Business

Glenn CHAPMAN

Meta, Amazon Beat Expectations With Stellar Results

Meta Amazon Mark Zuckerberg Facebook Insider Intelligence United States

Meta shares jumped as earnings beat expectations, even though its Facebook social network is no longer an internet youngster at 20 years old (Credit: AFP)

Meta and Amazon on Thursday blew through expectations in their latest quarterly results as Big Tech continued to impress Wall Street.

Meta, the tech titan behind Facebook and Instagram, reported a profit of $14 billion in the final three months of last year, beating analyst forecasts as revenue climbed to $40.1 billion in the quarter.

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