US President Donald Trump has signed a legal settlement that will see Facebook and Instagram owner Meta pay out roughly $25m (£20m). Trump sued the social media giant and its chief executive, Mark Zuckerberg,

Meta Platforms posted robust earnings, surpassing expectations due to gains in AI-driven advertising, despite challenges with Reality Labs.

Meta Platforms, Inc. (META) announced earnings for its fourth quarter that increased from the same period last year and beat the

Meta Platforms, Inc. (META) on Wednesday reported fourth-quarter net income of $20.84 billion. On a per-share basis, the Menlo Park, California-based company said it had net income of $8.02. The results surpassed Wall Street expectations.

Meta Platforms and most other U.S. stocks are rising, but drops for Nvidia and Microsoft are weighing on the market. The S&P 500 rose 0.1% in midday trading Thursday. The

U.S. stocks are mostly rising following a rush of profit reports from some of the country’s most influential companies.