Meta exec share sales underscore legal battle and mixed earnings

Meta Platforms executives sold shares recently, a move highlighted against a backdrop of a $1.4 trillion legal demand from state prosecutors. The company reported first‑quarter revenue of $56.31 billion, up 33 %, and earnings per share of $10.44, but its Reality Labs division posted a $4.03 billion loss. Meta increased capital spending to $125‑$145 billion to fund its “personal superintelligence” AI initiatives.

An analyst reiterated a buy rating, citing Meta’s strong cash conversion, cost‑efficient AI infrastructure such as the Hyperion data center, rising ad impressions of 19 % year‑on‑year, a 12 % increase in average ad price, and a new Model API priced 75 % lower than rivals. The analyst also noted Meta’s vertical integration with custom silicon and partnerships with Broadcom, AMD and Qualcomm, arguing the firm can absorb losses that might trouble peers.