Meta Beats Q3 Estimates as Ad Revenue Rebounds; Zuckerberg Talks AI and Hiring Plans in Earnings Call

Meta beat revenue and profit estimates in Q3 earnings, driven by advertising rebound

Zuckerberg discussed AI, Threads growth, and plans to hire faster in 2024 during call

Meta saw "softer" ad spend in Q4 amid Israel-Hamas war, per CFO

Zuckerberg pitches open-source AI models as free advertising for talent

Reels on Instagram outpacing TikTok with lower CPMs, better engagement UBS