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IBM's earnings showed continued AI momentum, though overall revenue came in a bit light.
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AI continues to drive Meta's year-long recovery. Revenue from its Advantage Shopping Campaigns (ACS) more than doubled since last year, Meta CEO Mark Zuckerberg said during the Q1 2024 earnings call. Meta, the parent company of Instagram and Facebook, reported a 27% increase in revenue, reaching $36.5 billion compared to $28.6 billion in 2023. Advertising...
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