Meta to pay first-ever dividend with shares up 20%

Shares of social media giant Meta surged 20 percent last Friday, pushing its market value above $1.2 trillion. On Thursday, its earnings report beat revenue and profit expectations and historically announced its first dividend payout. What signal does Meta send to the market? Let's delve into today's News Decoding.

Meta's highly elastic stock price has brought its financial reports into the spotlight as well. How should we interpret this company's earnings reports? Is the reversed performance sustainable? To help answer these questions, we may focus on several key indicators from Meta's recent earnings report, including user traffic, advertising revenue, and losses in Meta's metaverse business.