Meta isn’t keeping underage users off Facebook, Instagram
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Markets have closed for the day, and Meta is out with its earnings report. The company behind Facebook and Instagram beat EPS and revenue expectations to start its 2026 fiscal year. Meta’s Q1 2026 earnings report was published this afternoon.
Meta Platforms Inc. reports strong first-quarter results, surpassing expectations with significant earnings growth, but the stock slipped in after-hours trading.
The European Commission is inching closer to fining Meta for violating the Digital Services Act based on the preliminary findings of an EU investigation, The Financial Times reports. According to the Commission, Instagram and Facebook may have breached the DSA by failing to adequately prevent minors from using their respective platforms.
During the Q1 2026 earnings results conference call, Zuckerberg specifically called out the success of its smart glasses products.
Facebook parent company Meta on Wednesday announced a further ramp up in its spending on artificial intelligence (AI) infrastructure, sending its shares down by about 6% in after-hours trading. For the current year,
Meta isn't in the same position now as it was in late 2022. While the stock has pulled back from its all-time high last July, it's only down 14% from the peak, and the business is still delivering strong growth as the sector is in the midst of an AI boom.
Meta has introduced a 'Creator Fast Track' program offering $300 to $9,000 over three months to Instagram, TikTok, and YouTube creators who post 15 original reels on Facebook each month. The initiative follows a record $3 billion in Facebook creator ...