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Meta's recent quarterly report shows strong user growth and increased ad revenue, driven largely by AI advancements. Despite a significant tax charge, their expenses are rising, particularly in R&D for AI and Reality Labs, where losses continue but show potential for improvement.
The article discusses the recent rise in Cloudflare's stock price, attributing the increase to strong quarterly earnings and positive market sentiment. Analysts highlight the company's growth prospects and strategic initiatives as key factors driving investor confidence.