Meta sees revenue and margin growth boosted by AI; Threads’ success and Quest 2’s decline noted

  • Meta reports an 11% revenue increase and a 29% operating margin, largely due to AI-based user recommendations.
  • Threads app is gaining users, with monetization plans set for future; Quest 2 earnings decrease as customers await Quest 3 launch.
  • Meta’s continued investment in AR and AI, despite mass layoffs, shows promise for future developments.
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