Meta reports surprisingly strong quarter one earnings after restructuring hiccups

The company posted $28.10bn in revenue and appears to be shifting focus away from the metaverse to artificial intelligenceMeta revenue surpassed analyst expectations in its first quarter of the year, marking an unexpectedly strong earnings report as the company faces ongoing economic headwinds and rising competition.The company reported a first-quarter revenue of $28.10bn, beating expectations of $27.66bn and up 3% year-over-year. Shares were up 9% in after hours trading, as the results boosted