The investor placed his bets on Meta Platforms, Inc. (NASDAQ:META) and Alphabet Inc. (NASDAQ: GOOGL), acquiring 90,000 and 175,000 shares, respectively, in the quarter.
META: Recent Key Events
Meta posted first-quarter revenue of $56.31 billion, beating analyst estimates of $55.45 billion and adjusted earnings of $7.31 per share, beating estimates of $6.78 per share, according to Benzinga Pro.
The company expects second-quarter revenue of $58 billion-$61 billion versus estimates of $59.50 billion.
CEO Mark Zuckerberg said the company is increasing its infrastructure capital expenditure forecast for the year, citing higher component costs, particularly in memory pricing.
The company acquired Assured Robot Intelligence, a humanoid robotics startup, for an undisclosed sum, adding the team to its Superintelligence Labs research division as it advances its humanoid robotics ambitions.
The company is temporarily granting competing AI chatbot developers free access to WhatsApp in Europe as it seeks to resolve escalating antitrust concerns from EU regulators and avoid potentially billions in penalties.
Meta has started paying a limited group of creators in USDC (CRYPTO: USDC) via crypto wallets on the Solana (CRYPTO: SOL) and Polygon (CRYPTO: POL) blockchains, beginning with Colombia and the Philippines. The ...
