![Meta rides AI boom to stellar quarterly earnings, but slightly less than expected | Meta newsthirst.](https://newsthirst.com/wp-content/uploads/2024/10/1730325607_4000-600x400.jpg)
Meta rides AI boom to stellar quarterly earnings, but slightly less than expected | Meta newsthirst.
Meta’s blowout year continues after the company reported another stellar financial quarter on Wednesday. Shares fell in after-hours trading. Wall Street analysts had high expectations for the Instagram and WhatsApp parent company, projecting an 18% jump in sales year over year. The company reported $40.6bn in sales, a 19% increase year over year that outpaced…