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Meta earnings live updates: Wall Street watching for AI spending, impact of tariffs on advertising

  • Meta is set to report its first-quarter earnings with investors focusing on AI spending and impact of tariffs on advertising.
  • Goldman Sachs believes Meta's Reels platform could drive significant growth for the company, projecting a potential revenue boost in the coming years.
  • Analysts expect Meta to slightly reduce its planned investments due to economic conditions, with projected total expenses for 2025 being slightly below the company's guidance range.
  • First-quarter revenue estimates for Meta include advertising revenue estimate of $40.57 billion and total revenue estimate of $41.38 billion.

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