Meta's newest app, Threads, continues to nicely grow its user base, reaching more than 350 million monthly active users. That's up from 320 million at year-end. The company has just started opening up Threads to advertisers. It expects to introduce ads gradually to the platform and not have it be a meaningful contributor this year.

Meta Platforms joined artificial intelligence Goliath Microsoft in reporting better-than-expected quarterly earnings results after the closing bell on April 30. The parent company of Facebook, Instagram,

Investors this earnings season are watching for signs that President Donald Trump’s tariff push and global trade uncertainty are hampering advertising demand.