Meta Platforms has reported strong financial results for the third quarter, surpassing expectations and providing a positive revenue outlook for the current quarter.

Despite a decline in after-hours stock trading, the company's performance reflects solid fundamentals, leading analysts to increase their price targets.

During the recent Meta Connect developer conference, CEO Mark Zuckerberg unveiled a prototype of computer glasses that can display digital objects through transparent lenses, demonstrating the company's dedication to advancing technology.

This development aligns with Meta's strategic focus on improving user experience and expanding its product offerings in the technology sector.