Instagram and Facebook parent Meta Platforms Inc. posted results Wednesday for the first quarter that exceeded expectations, showing growth in earnings, but the social media giant also increased its f

Instagram and Facebook parent Meta Platforms Inc posted results Wednesday for the first quarter that exceeded expectations, showing growth in earnings, but the social media giant also increased its forecasted capital expenditures for the year. The company earned $26.77 billion, or $10.44 per share, in the January-March period, up about…