Instant Reaction: Meta Reports Earnings

Jon Erlichman, a Bloomberg News contributor, and Aisha Counts, a social media reporter, dissect Meta's impressive earnings, highlighting a revenue of $39.07 billion and significant advertising growth. They explore how AI investments are reshaping Meta's ad strategies and user experiences, with the Llama framework at the forefront. The duo also emphasizes the shifting focus from metaverse ambitions to AI-driven revenue prospects, reflecting on market responses and investor sentiment in this rapidly evolving tech landscape.