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META Jumps After Q3 Earnings Beat, Boosts Guidance
META Jumps After Q3 Earnings Beat, Boosts Guidance
In our preview of Meta's earnings, we laid out expectations...
Revenue estimate $63.32 billion (Bloomberg Consensus)
Advertising rev. estimate $61.82 billion
Family of Apps revenue estimate $62.75 billion
Reality Labs revenue estimate $517.7 million
Other revenue estimate $1.1 billion
Operating income estimate $20.28 billion
Family of Apps operating income estimate $23.96 billion
Reality Labs operating loss estimate $5.21 billion
Operating margin estimate 32.5%
EPS estimate $3.56
Ad impressions estimate +12.3%
Average price per ad estimate +11.2%
Average Family service users per day estimate 3.66 billion
... and also sketched a setup of what to expect from...
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May 21, 2026 / Tyler Durden
Lilly's Next-Gen Weight-Loss Drug Clears Trial With Near-Bariatric Surgery Results
Lilly's Next-Gen Weight-Loss Drug Clears Trial With Near-Bariatric Surgery Results
Eli Lilly reported positive Phase 3 results for its next-generation obesity drug, retatrutide, which delivered weight-loss results on par with those of bariatric surgery.
In the TRIUMPH-1 trial, overweight adults, but without diabetes, achieved meaningful weight loss across all tested doses after 80 weeks:
12 mg dose: average weight loss of 70.3 pounds, or 28.3% of body weight.
9 mg dose: average weight loss of 64.4 pounds, or 25.9%.
4 mg dose: average weight loss of 47.2 pounds, or 19%
Ahead of the results,...
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Aug 10, 2026 / Tyler Durden
Megacities Are Booming
Megacities Are Booming
The number of people living in megacities has been growing significantly for decades, rising from 2.5 percent in 1950 to 16.4 percent of city dwellers in 2020.
As Statista's Katharina Buchholz details below, according to UN projections, this figure will continue to rise slightly before stabilizing at around the current level by 2050.
You will find more infographics at Statista
At the same time, living in smaller cities is becoming less widespread.
The share of the urban population living in places with between 50,000 and 500,000 inhabitants fell from 50.8 percent to 38.6...
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Apr 29, 2026 / Tyler Durden
AI Agent Deletes Startup's Database In 9 Seconds, Founder Says
AI Agent Deletes Startup's Database In 9 Seconds, Founder Says
Authored by Jason Nelson via Decrypt.co,
PocketOS founder Jeremy Crane claims a Cursor agent running Anthropic’s Claude Opus deleted his company’s production database and backups in nine seconds.
Crane said the AI later produced a written explanation admitting it violated multiple safety rules.
The incident raises questions about AI coding tools, Railway’s infrastructure design, and safeguards around destructive API actions.
A software company founder claims an AI coding agent destroyed his firm’s production database, then copped to the mistake and explained how it happened, demonstrating the...
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