Meta, Amazon beat expectations with stellar result

[{"selector":"#anim-8aa67928-bcd3-4b59-a764-f668eb7bef91","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-81e3efb0-4c50-4ffb-9854-ec246dc9a6de","keyframes":{"transform":["rotate(-360deg) translate3d(114.50150%, 0px, 0) rotate(360deg)","rotate(-360deg) translate3d(0px, 0px, 0) rotate(360deg)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Meta, the parent company of Facebook and Instagram, reported a quarterly profit of $14 billion, surpassing analyst predictions

Facebook, now under the umbrella of Meta, boasts a monthly user base of 3.07 billion people, two decades after its founding by Mark Zuckerberg in a Harvard dormitory

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Meta CEO Zuckerberg declared a "good quarter" and emphasized the continued growth of their community and business.

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[{"selector":"#anim-d700a320-1062-4a25-90d4-3767dd4a8abe","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-65c8e78b-2fc0-4af1-aca2-ad90889b2188","keyframes":{"transform":["translate3d(119.30379%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Amazon exceeded expectations with sales totaling over $170 billion in the last quarter of 2023, following a highly successful holiday season

[{"selector":"#anim-cb2b501d-dc72-4783-aea5-8f59657c1358","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c4606759-4388-4644-a586-57a8534d1f01","keyframes":{"transform":["translate3d(110.50956%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Amazon's shares rose by 50 percent in the past 12 months, driven by aggressive cost-cutting measures and increased sales.

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[{"selector":"#anim-66eefcb6-f5a6-4d10-b07d-bed5f5c64907","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d1cac524-1589-4fbb-8327-295e6349ece5","keyframes":{"transform":["translate3d(115.92356%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Amazon's employee count stood at 1.525 million at the end of 2023, reflecting a one percent decrease from the previous year.

Meta, Amazon beat expectations with stellar result

Facebook, now under the umbrella of Meta, boasts a monthly user base of 3.07 billion people, two decades after its founding by Mark Zuckerberg in a Harvard dormitory

Meta CEO Zuckerberg declared a "good quarter" and emphasized the continued growth of their community and business.

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