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Meta’s quarterly earnings beat Wall Street expectations as its AI investments rise by billions | Meta newsthirst.

Meta reported earnings on Wednesday, beating Wall Street’s expectations for yet another quarter even as it lavishes billions on artificial intelligence. Meta posted $42.32bn in revenue in the first quarter of 2025, beating both its own quarterly revenue goals of $41.8bn at the higher end and Wall Street expectations of $41.38bn. The company also reported…

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UNC’s Bill Belichick defends girlfriend for interjecting during TV interview newsthirst.

North Carolina football coach Bill Belichick defended girlfriend Jordon Hudson for interjecting during a CBS interviewer’s questions about their relationship and said she was “simply doing her job.” The six-time Super Bowl-winning head coach and first-time college coach at UNC issued a statement through the school Wednesday, which followed an appearance on “CBS News Sunday…

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Australia election 2025 live: Peter Dutton to reveal Coalition policy costings; house prices rise again | Australia news newsthirst.

Key events Show key events only Please turn on JavaScript to use this feature Median value of homes increases for third month, Cotality says Cait Kelly The median value of an Australian dwelling increased approximately $2,720 in April, after a third straight month of growth, according to Cotality’s national home value index. Over the past…

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Meta’s Reality Labs posts $4.2 billion loss in first quarter newsthirst.

Meta CEO Mark Zuckerberg tries on Orion AR glasses at the Meta Connect annual event at the company’s headquarters in Menlo Park, California, U.S., September 25, 2024. REUTERS/Manuel Orbegozo Manuel Orbegozo | Reuters Meta is continuing to sink billions of dollars a quarter into the metaverse. In its first-quarter earnings report on Wednesday, Meta said…

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