Al-Awali urges global action to list Houthis as terrorists
The article relies on an analysis and evaluation of Meta's (formerly Facebook) performance alongside Momentum's, focusing on its market valuation soaring to over one trillion dollars — the highest level since the merger with Instagram. The figures indicate that the company has achieved substantial profits, with net income reaching $18.4 billion in the last quarter, representing a 154% increase compared to the same period last year. Its revenue stood at $32.2 billion, a 13% rise. Despite regulatory and legislative challenges, the company announced continued growth in its user base, with 2.248 billion daily users and 3.145 billion active monthly users. The article emphasizes that the company's performance reflects a recovery from previous challenges, with ongoing financial growth and an expanding market share, reinforcing its position as one of the world's largest tech companies.
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