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Meta Q4 Beats On Top & Bottom Lines Amid AI Jitters, Reported Legal Settlement With President Trump
Meta beat on key fourth quarter numbers but forecasts for the current first quarter disappointed a bit as investors wait to grill CEO Mark Zuckerberg on a range of topics
Meta consistently beat Wall Street estimates on key fourth quarter numbers but forecasts for the current first quarter disappointed a bit as investors wait to grill CEO Mark Zuckerberg on a range of topics from AI rivals and investments, and new social media moderation policies. Here’s to hoping Wall Streeters on a call shortly will ask about Zuckerberg’s shift towards President Donald Trump, including a reported legal settlement. During the wait, the Wall Street Journal reported that President Trump signed settlement papers to resolve a years-old lawsuit with Meta that would require the company to pay $25 million.
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