{"id":69990,"date":"2023-04-27T11:31:18","date_gmt":"2023-04-27T06:01:18","guid":{"rendered":"https:\/\/www.the-next-tech.com\/?post_type=web-story&#038;p=69990"},"modified":"2023-04-27T11:31:24","modified_gmt":"2023-04-27T06:01:24","slug":"meta-shares-jump-12-on-strong-earnings","status":"publish","type":"web-story","link":"https:\/\/www.the-next-tech.com\/web-stories\/meta-shares-jump-12-on-strong-earnings\/","title":{"rendered":"Meta Shares Jump 12% On Strong Earnings"},"content":{"rendered":"<p><html amp=\"\" lang=\"en\"><head><meta charSet=\"utf-8\"\/><meta name=\"viewport\" content=\"width=device-width,minimum-scale=1,initial-scale=1\"\/><script async=\"\" src=\"https:\/\/cdn.ampproject.org\/v0.js\"><\/script><script async=\"\" src=\"https:\/\/cdn.ampproject.org\/v0\/amp-story-1.0.js\" custom-element=\"amp-story\"><\/script><link href=\"https:\/\/fonts.googleapis.com\/css2?display=swap&amp;family=Merriweather%3Awght%40700&amp;family=Roboto%3Awght%40700\" 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id=\"60b29f20-ee0a-42f8-acc3-5464d0e92533\" auto-advance-after=\"11s\"><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\" style=\"background-color:#3f66c5\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.25926%;width:100%;height:118.51852%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-6cbf60d8-3f81-4854-857d-32fd5b6d7c88\">\n<div class=\"fill\" style=\"will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:-30.09709%;top:14.72492%;width:296.1165%;height:110.03236%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-3f332a98-ad4e-4d47-99e7-2e9c89749859\">\n<div style=\"position:absolute;width:100%;height:100.86928%;left:0%;top:-0.43464%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/img.freepik.com\/premium-vector\/join-us-meta-with-3d-logo-username-box-new-facebook-instagram-logo-premium-vector_576075-4.jpg?w=900\" alt=\"join-us-meta-with-3d-logo-username-box-new-facebook-instagram-logo-premium-vector_576075-4.jpg\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:13.34951%;top:8.25243%;width:73.54369%;height:20.71197%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.6600660066006601% 0.6600660066006601% 0.6600660066006601% 0.6600660066006601% \/ 1.5625% 1.5625% 1.5625% 1.5625%\" id=\"el-cc6a097a-8f0a-4056-a656-60b8203258a7\">\n<h2 class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:0.32920792079207883% 0;font-family:&quot;Merriweather&quot;,serif;font-size:0.566343em;line-height:1.2;text-align:center;padding:0;color:#000000\"><span class=\"ez-toc-section\" id=\"Meta_Shares_Shoot_Up_On_Positive_Earning\"><\/span><span><span style=\"font-weight: 700; color: #fff599\">Meta Shares Shoot Up On Positive Earning<\/span><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><\/amp-story-page><amp-story-page id=\"310249ed-0c7d-4d6d-9688-6c9fe2dd0b45\" auto-advance-after=\"11s\"><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-9d03f6a7-933b-4dda-bd7f-6d671c94046e\",\"keyframes\":{\"opacity\":[0,1]},\"delay\":0,\"duration\":1500,\"easing\":\"cubic-bezier(0.2, 0.6, 0.0, 1)\",\"fill\":\"both\"}]<\/script><\/amp-story-animation><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-faa97855-28d0-4554-b28d-16a32dc6fecf\",\"keyframes\":{\"transform\":[\"translate3d(0px, 91.56185%, 0)\",\"translate3d(0px, 0px, 0)\"]},\"delay\":0,\"duration\":1500,\"easing\":\"cubic-bezier(0.2, 0.6, 0.0, 1)\",\"fill\":\"both\"}]<\/script><\/amp-story-animation><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-2cd8760c-dbd6-4e3c-ad15-7f7229be8264\",\"keyframes\":{\"opacity\":[0,1]},\"delay\":0,\"duration\":1500,\"easing\":\"cubic-bezier(0.2, 0.6, 0.0, 1)\",\"fill\":\"both\"}]<\/script><\/amp-story-animation><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-01ca1655-2334-427a-9221-05294d2feb00\",\"keyframes\":{\"transform\":[\"translate3d(0px, -205.67051%, 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style=\"position:absolute;pointer-events:none;left:-1.21359%;top:46.44013%;width:102.91262%;height:68.60841%;opacity:1\">\n<div id=\"anim-9d03f6a7-933b-4dda-bd7f-6d671c94046e\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:0;--initial-transform:none\">\n<div id=\"anim-faa97855-28d0-4554-b28d-16a32dc6fecf\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:1;--initial-transform:translate3d(0px, 91.56185%, 0)\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-ecb0f1b9-aaaf-4600-8fd3-56e1209df135\">\n<div style=\"position:absolute;width:100%;height:100%;left:0%;top:0%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/img.freepik.com\/premium-vector\/business-concept-businessman-put-huge-coin-piles-business-profit-return-investment_185038-682.jpg?w=740\" alt=\"business-concept-businessman-put-huge-coin-piles-business-profit-return-investment_185038-682.jpg\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:12.37864%;top:15.53398%;width:74.75728%;height:23.46278%;opacity:1\">\n<div id=\"anim-2cd8760c-dbd6-4e3c-ad15-7f7229be8264\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:0;--initial-transform:none\">\n<div id=\"anim-01ca1655-2334-427a-9221-05294d2feb00\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:1;--initial-transform:translate3d(0px, -205.67051%, 0)\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.6493506493506493% 0.6493506493506493% 0.6493506493506493% 0.6493506493506493% \/ 1.3793103448275863% 1.3793103448275863% 1.3793103448275863% 1.3793103448275863%\" id=\"el-a4b6ef6d-aa16-42b9-9159-7580e8801145\">\n<h3 class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:0.22207792207792243% 0;font-family:&quot;Merriweather&quot;,serif;font-size:0.388350em;line-height:1.2;text-align:center;padding:0;color:#000000\"><span class=\"ez-toc-section\" id=\"Meta_shares_soars_after_company_reports_first_revenue_growth_after_three_straight_periods_of_declines\"><\/span><span><span style=\"font-weight: 700; color: #a4133c\">Meta shares soars after company reports first revenue growth after three straight periods of declines&nbsp;<\/span><\/span><span 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class=\"page-fullbleed-area\" style=\"background-color:#f3e9dd\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.25926%;width:100%;height:118.51852%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-e60a8a02-119a-448e-b0f6-e6ddf0cf4ab3\">\n<div class=\"fill\" style=\"will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:-1.21359%;top:-0.32362%;width:102.91262%;height:44.01294%;opacity:1\">\n<div id=\"anim-2e17d16d-fab7-4efe-9c7d-ff036baf26d1\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:0;--initial-transform:none\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-9d5cc01b-4ab6-4376-be95-3a4fb93e60ff\">\n<div style=\"position:absolute;width:100.15125%;height:100%;left:-0.07563%;top:0%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/img.freepik.com\/premium-vector\/economic-volatility-recovering-from-stock-market-crisis-adapt-deal-with-stock-market-downturn-bear-market-businessman-jumping-from-red-rising-up-arrow_327176-1414.jpg?w=740\" alt=\"economic-volatility-recovering-from-stock-market-crisis-adapt-deal-with-stock-market-downturn-bear-market-businessman-jumping-from-red-rising-up-arrow_327176-1414.jpg\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:12.13592%;top:59.70874%;width:75.72816%;height:30.09709%;opacity:1\">\n<div id=\"anim-d4596f9e-5dd8-4e90-a544-3fcdcebbef46\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:0;--initial-transform:none\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.641025641025641% 0.641025641025641% 0.641025641025641% 0.641025641025641% \/ 1.0752688172043012% 1.0752688172043012% 1.0752688172043012% 1.0752688172043012%\" id=\"el-fccb4cd2-cd52-4691-a23a-d20ffbb30f6c\">\n<h3 class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:0.2009615384615381% 0;font-family:&quot;Merriweather&quot;,serif;font-size:0.355987em;line-height:1.2;text-align:center;padding:0;color:#000000\"><span class=\"ez-toc-section\" id=\"The_companys_shares_jumped_by_12_during_extended_trading_Wednesday_The_company_also_exceeded_its_expectations_for_the_second-quarter_forecast\"><\/span><span><span style=\"font-weight: 700; color: #a4133c\">The company&#8217;s shares jumped by 12% during extended trading Wednesday. 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style=\"position:absolute;pointer-events:none;left:0;top:-9.25926%;width:100%;height:118.51852%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-ff4dbb47-4d78-4c0f-8ea8-7e6c279747c2\">\n<div class=\"fill\" style=\"will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:-1.69903%;top:-9.2233%;width:102.91262%;height:68.60841%;opacity:1\">\n<div id=\"anim-6e2bc980-2d10-4e12-8673-97f1a537f178\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:0;--initial-transform:none\">\n<div id=\"anim-bced497c-99e4-4735-a719-eb4986f00032\" class=\"animation-wrapper\" 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style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:0;--initial-transform:none\">\n<div id=\"anim-3e8d4e7b-3207-45f3-b5db-183e4dc0b4ee\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:1;--initial-transform:translate3d(0px, 159.39288%, 0)\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.6666666666666667% 0.6666666666666667% 0.6666666666666667% 0.6666666666666667% \/ 1.0309278350515463% 1.0309278350515463% 1.0309278350515463% 1.0309278350515463%\" id=\"el-3fd98727-0ffc-4449-acf5-21f6acc3bea0\">\n<h3 class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:0.2185% 0;font-family:&quot;Merriweather&quot;,serif;font-size:0.372168em;line-height:1.2;text-align:center;padding:0;color:#000000\"><span class=\"ez-toc-section\" id=\"Metas_sales_in_the_first_quarter_rose_by_3_compared_to_2791_billion_a_year_ago_following_three_consecutive_periods_of_revenue_decline\"><\/span><span><span style=\"font-weight: 700; color: #1a69e0\">Meta&#8217;s sales in the first quarter rose by 3% compared to $27.91 billion a year ago, following three consecutive periods of revenue decline.<\/span><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><\/amp-story-page><amp-story-page id=\"c182102f-798f-48c1-b050-d2671d87b4cc\" auto-advance-after=\"11s\"><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-956b0328-c831-439c-9519-b350f3ed9b01\",\"keyframes\":{\"opacity\":[0,1]},\"delay\":0,\"duration\":1500,\"easing\":\"cubic-bezier(0.2, 0.6, 0.0, 1)\",\"fill\":\"both\"}]<\/script><\/amp-story-animation><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-bf483ac6-c282-4639-bdd8-5d1d969e6f06\",\"keyframes\":{\"transform\":[\"translate3d(-53.89447%, 0px, 0)\",\"translate3d(0px, 0px, 0)\"]},\"delay\":0,\"duration\":1500,\"easing\":\"cubic-bezier(0.2, 0.6, 0.0, 1)\",\"fill\":\"both\"}]<\/script><\/amp-story-animation><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-2ae2b378-1c1f-4ef6-a83b-d7c983e9dd93\",\"keyframes\":{\"opacity\":[0,1]},\"delay\":0,\"duration\":1500,\"easing\":\"cubic-bezier(0.2, 0.6, 0.0, 1)\",\"fill\":\"both\"}]<\/script><\/amp-story-animation><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-c5b40580-d2b4-43a4-938a-4a3404e45b82\",\"keyframes\":{\"transform\":[\"translate3d(0px, -151.6301%, 0)\",\"translate3d(0px, 0px, 0)\"]},\"delay\":0,\"duration\":1500,\"easing\":\"cubic-bezier(0.2, 0.6, 0.0, 1)\",\"fill\":\"both\"}]<\/script><\/amp-story-animation><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\" style=\"background-color:#0081ff\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.25926%;width:100%;height:118.51852%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-e38f9e80-1299-4406-a98a-3df886fbb7c0\">\n<div class=\"fill\" style=\"will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:-89.07767%;top:37.37864%;width:193.20388%;height:68.60841%;opacity:1\">\n<div id=\"anim-956b0328-c831-439c-9519-b350f3ed9b01\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:0;--initial-transform:none\">\n<div id=\"anim-bf483ac6-c282-4639-bdd8-5d1d969e6f06\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:1;--initial-transform:translate3d(-53.89447%, 0px, 0)\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-b0128031-ca24-4503-a2d9-cc728067091b\">\n<div style=\"position:absolute;width:100%;height:100.12579%;left:0%;top:-0.0629%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/img.freepik.com\/premium-vector\/meta-banner-logo-icons-it-products-facebook-messenger-instagram-whatsapp-oculos_659151-537.jpg?w=900\" alt=\"meta-banner-logo-icons-it-products-facebook-messenger-instagram-whatsapp-oculos_659151-537.jpg\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:14.80583%;top:4.69256%;width:71.1165%;height:27.02265%;opacity:1\">\n<div id=\"anim-2ae2b378-1c1f-4ef6-a83b-d7c983e9dd93\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:0;--initial-transform:none\">\n<div id=\"anim-c5b40580-d2b4-43a4-938a-4a3404e45b82\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:1;--initial-transform:translate3d(0px, -151.6301%, 0)\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.6825938566552902% 0.6825938566552902% 0.6825938566552902% 0.6825938566552902% \/ 1.1976047904191618% 1.1976047904191618% 1.1976047904191618% 1.1976047904191618%\" id=\"el-213a5602-c947-4e1a-a152-cdf48d1b42df\">\n<h3 class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:0.22372013651877132% 0;font-family:&quot;Merriweather&quot;,serif;font-size:0.372168em;line-height:1.2;text-align:center;padding:0;color:#000000\"><span class=\"ez-toc-section\" id=\"According_to_Refinitiv_Facebook_parent_Meta_is_expecting_revenue_between_295_billion_and_32_billion_for_the_second_quarter\"><\/span><span><span style=\"font-weight: 700; color: #ffffb7\">According to Refinitiv, Facebook parent Meta is expecting revenue between $29.5 billion and $32 billion for the second quarter.&nbsp;<\/span><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><\/amp-story-page><amp-story-page id=\"a4e8b289-9178-464f-a2e3-1f82e21c7bc9\" auto-advance-after=\"11s\"><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-71ff7388-e2a5-4e39-bc2f-de9267028acb\",\"keyframes\":{\"opacity\":[0,1]},\"delay\":0,\"duration\":1600,\"easing\":\"cubic-bezier(.3,0,.55,1)\",\"fill\":\"both\"}]<\/script><\/amp-story-animation><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-02f64de5-40a7-4101-94a7-6f8ba12cc84f\",\"keyframes\":{\"transform\":[\"scale(0.3333333333333333)\",\"scale(1)\"]},\"delay\":0,\"duration\":1600,\"easing\":\"cubic-bezier(.3,0,.55,1)\",\"fill\":\"forwards\"}]<\/script><\/amp-story-animation><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-04c3c872-8806-4dc1-a2df-2a28dac3925b\",\"keyframes\":{\"opacity\":[0,1]},\"delay\":300,\"duration\":2000,\"easing\":\"cubic-bezier(0.4, 0.4, 0.0, 1)\",\"fill\":\"both\"}]<\/script><\/amp-story-animation><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\" style=\"background-color:#fff\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.25926%;width:100%;height:118.51852%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-b7a279a2-034a-462c-826a-77dc9d72d26a\">\n<div class=\"fill\" style=\"will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:-1.69903%;top:29.28803%;width:102.91262%;height:85.27508%;opacity:1\">\n<div id=\"anim-71ff7388-e2a5-4e39-bc2f-de9267028acb\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:0;--initial-transform:none\">\n<div id=\"anim-02f64de5-40a7-4101-94a7-6f8ba12cc84f\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:1;--initial-transform:scale(0.3333333333333333)\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-ec0d2312-3e15-4c92-bff0-80874a2e089c\">\n<div style=\"position:absolute;width:100%;height:100.56926%;left:0%;top:-0.28463%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/img.freepik.com\/free-vector\/woman-virtual-reality-headset-creating-network-her-palm_1268-14258.jpg?w=740&amp;t=st=1682573047~exp=1682573647~hmac=486c8a85fd1535ea1e6c10ee696d1a1eb27b7ceddbf7cbe13ea74f124029676b\" alt=\"woman-virtual-reality-headset-creating-network-her-palm_1268-14258.jpg\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:13.83495%;top:5.50162%;width:72.81553%;height:29.77346%;opacity:1\">\n<div id=\"anim-04c3c872-8806-4dc1-a2df-2a28dac3925b\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:0;--initial-transform:none\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.6666666666666667% 0.6666666666666667% 0.6666666666666667% 0.6666666666666667% \/ 1.0869565217391304% 1.0869565217391304% 1.0869565217391304% 1.0869565217391304%\" id=\"el-f5149e3a-2f90-4fe3-b207-10576d52294d\">\n<h3 class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:-0.10312499999999977% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.355987em;line-height:1.2;text-align:center;padding:0;color:#000000\"><span class=\"ez-toc-section\" id=\"Metas_Reality_Labs_unit_logged_339_million_in_sales_and_operating_loss_of_399_billion_while_developing_the_virtual_reality_and_augmented_reality_technologies_for_the_metaverse\"><\/span><span><span style=\"font-weight: 700; color: #18629f\">Meta&#8217;s Reality Labs unit, logged $339 million in sales and&nbsp;operating loss of $3.99 billion while&nbsp;developing the virtual reality and augmented reality technologies for the metaverse.<\/span><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><\/amp-story-page><amp-story-page id=\"d892ab59-5de8-4a3c-b256-711fa160a78e\" auto-advance-after=\"11s\"><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-fa3ccf41-0709-453d-951a-357fac5cb21d\",\"keyframes\":{\"opacity\":[0,1]},\"delay\":0,\"duration\":1500,\"easing\":\"cubic-bezier(0.2, 0.6, 0.0, 1)\",\"fill\":\"both\"}]<\/script><\/amp-story-animation><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-6d2f6a56-206c-4769-8bea-05057a1d03dc\",\"keyframes\":{\"transform\":[\"translate3d(0px, 53.56707%, 0)\",\"translate3d(0px, 0px, 0)\"]},\"delay\":0,\"duration\":1500,\"easing\":\"cubic-bezier(0.2, 0.6, 0.0, 1)\",\"fill\":\"both\"}]<\/script><\/amp-story-animation><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-193b935c-1626-4e90-96ab-4fe2673a071e\",\"keyframes\":{\"opacity\":[0,1]},\"delay\":0,\"duration\":1500,\"easing\":\"cubic-bezier(0.2, 0.6, 0.0, 1)\",\"fill\":\"both\"}]<\/script><\/amp-story-animation><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-f998075f-eb6e-4a5e-aea1-127572f61cc0\",\"keyframes\":{\"transform\":[\"translate3d(0px, -202.02653%, 0)\",\"translate3d(0px, 0px, 0)\"]},\"delay\":0,\"duration\":1500,\"easing\":\"cubic-bezier(0.2, 0.6, 0.0, 1)\",\"fill\":\"both\"}]<\/script><\/amp-story-animation><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\" style=\"background-color:#02478c\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.25926%;width:100%;height:118.51852%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-fdb6eeeb-4353-4c2f-86a0-d2832d995019\">\n<div class=\"fill\" style=\"will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:-26.94175%;top:54.04531%;width:154.61165%;height:103.07443%;opacity:1\">\n<div id=\"anim-fa3ccf41-0709-453d-951a-357fac5cb21d\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:0;--initial-transform:none\">\n<div id=\"anim-6d2f6a56-206c-4769-8bea-05057a1d03dc\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:1;--initial-transform:translate3d(0px, 53.56707%, 0)\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-6ba50e9b-d9bc-4cb5-9d4c-c7048e5e3916\">\n<div style=\"position:absolute;width:100%;height:100%;left:0%;top:0%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/img.freepik.com\/premium-vector\/join-us-metaverse-meta-square-banner-with-3d-logo-username-box-new-facebook-logo_75010-322.jpg?w=740\" alt=\"join-us-metaverse-meta-square-banner-with-3d-logo-username-box-new-facebook-logo_75010-322.jpg\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:13.59223%;top:16.99029%;width:72.81553%;height:25.72816%;opacity:1\">\n<div id=\"anim-193b935c-1626-4e90-96ab-4fe2673a071e\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:0;--initial-transform:none\">\n<div id=\"anim-f998075f-eb6e-4a5e-aea1-127572f61cc0\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:1;--initial-transform:translate3d(0px, -202.02653%, 0)\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.6666666666666667% 0.6666666666666667% 0.6666666666666667% 0.6666666666666667% \/ 1.257861635220126% 1.257861635220126% 1.257861635220126% 1.257861635220126%\" id=\"el-bdbd1ac9-be04-4117-ae7d-4d4af44d34d0\">\n<h3 class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:-0.10312499999999977% 0;font-family:&quot;Roboto&quot;,&quot;Helvetica Neue&quot;,&quot;Helvetica&quot;,sans-serif;font-size:0.355987em;line-height:1.2;text-align:center;padding:0;color:#000000\"><span class=\"ez-toc-section\" id=\"The_net_income_of_the_entire_company_fell_by_24_to_571_Billion_or_220_per_share_compared_with_747_Billion_or_272_per_share_during_the_same_quarter_in_last_year\"><\/span><span><span style=\"font-weight: 700; color: #fff599\">The net income of the entire company fell by 24%, to $5.71 Billion, or $2.20 per share, compared with $7.47 Billion, or $2.72 per share, during the same quarter in last year.&nbsp;<\/span><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><\/amp-story-page><amp-story-page id=\"d044f487-f5dd-4d0f-8921-c712be303399\" auto-advance-after=\"11s\"><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-a9cda5ed-ef0a-4b76-b3c7-bb4a73458955\",\"keyframes\":{\"opacity\":[0,1]},\"delay\":200,\"duration\":1400,\"easing\":\"cubic-bezier(0.2, 0.6, 0.0, 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