$Meta Platforms (META.US)$Financial results for the fiscal year ending October to December (fourth quarter) were announced after closing.
Sales compared to the same period last year$36.455 billion, up 27%Then,Increased sales and profits for 4 consecutive quartersIt became. Earnings per share were 4.71 dollars, which exceeded market expectations. Internet advertising, which is the main force, was strong, and restructuring effects also appeared, but sales forecasts for the second quarter were in the range of 36.5 billion to 39 billion dollars (median increase of 18% compared to the same period last year) and fell below market expectations of 38.24 billion dollars (median increase of 20% compared to the same period last year). What is the stock price13% super sharp drop。
The metaverse lost nearly $3.9 billion, and AI is driving ad growth
According to financial reports, the main advertising business revenue was 35.64 billion dollars, which was almost consistent with the forecast of 35.53 billion dollars. It was a 26.8% increase from the same period last year, exceeding the 24% increase in the previous quarter.
Strong demand for e-commerce and games was expected to boost Meta's first quarter earnings due to an increase in advertising revenue and improved work efficiency, but it accounts for about 10% of the company's advertising revenueSlower growth for Chinese advertisers is a potential riskand...

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Nikkei Average closed at 37,961.80 yen, a decrease of 509.40 yen from the previous trading day.
Bank of Japan warns of the possibility of additional rate hikes at the September meeting, and watches out for the impact on foreign exchange rates - former director Kadoi.
International cooperation for correcting yen depreciation is a "fantasy" for each country, with differences in strength and weakness against the dollar.
Laser Tech - rapid decline of about 8% as Dutch ASMIL announces earnings below market expectations.
Advantest - sharp decline as ASML's earnings fall below market expectations, adding to the sell-off in the semiconductor sector.
Toyota's small hybrid vehicle Lexus receives orders for over 0.02 million units, accelerating production in Iwate.
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