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Meta Platforms (NASDAQ: META) reported a 16% year-over-year revenue increase in Q1 2023, totaling $42.3 billion, with an earnings per share (EPS) of $6.43, up 37%. The company initiated a quarterly dividend of approximately $0.52 per share, aiming for sustained growth through significant investments in artificial intelligence estimated at $65 billion this year. As of now, it has 3.43 billion daily active users across its platforms.
Booking Holdings (NASDAQ: BKNG) announced a revenue of $4.8 billion in Q1 2023, representing an 8% increase year-over-year, while its adjusted EPS surged 22% to $24.81. The company has also improved its quarterly dividend from $8.75 to $9.60 per share since it began paying dividends last year. Despite potential economic impacts on travel, Booking Holdings remains optimistic about long-term growth opportunities.
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