US Top News and Analysis | Meta looks to report fastest revenue growth since 2021 AI generated summary, Read the full article for complete information. Meta reported Q1 revenue of $56.31 billion, beating estimates, and adjusted earnings of $7.31 per share versus the $6.79 forecast, while daily active people rose 4% year‑over‑year to 3.56 billion but fell more than 5% from the previous quarter, a miss attributed to internet disruptions in Iran and a WhatsApp restriction in Russia. Capital expenditures came in at $19.84 billion, well below the $27.57 billion expected, yet the company raised its full‑year capex outlook to $125‑$145 billion. Net income surged to $26.8 billion, bolstered by an $8.03 billion tax benefit, and headcount grew 1% to 77,986 despite an announced 10% workforce reduction. Meta highlighted its AI push, debuting the Muse Spark foundation model, and projected Q2 revenue of $58‑$61 billion, roughly in line with expectations. Read more: https://www.cnbc.com/2026/04/29/meta-q1-earnings-report-2026.html #Meta #MarkZuckerberg #WhatsApp #RealityLabs #US