We start in the us, where shares of meta, hello. If you are justjoining us, you are in time with the top business stories. We start in the us, where shares of meta, the owner of facebook, instagram and whatsapp plunged in after hours trading after its forecasts disappointed wall street. Investors are concerned the huge amount meta is spending on Artificial Intelligence may not translate into higher profits. Lets show you the details. When it comes to how much money meta is making, profits came in at 12 point 4 billion in the first three months of the year. Thats more than double the amount it made this time last year, and better than expected. But heres one of the numbers worrying investors, meta expects its costs to rise to almost 100 billion this year, as it invests heavily in al and virtual reality. Coupled with a forecast that revenues will barely grow in the Current Quarter that sent shares plunging some 13 in after hours trading. Wiping as much as 160 billion off its stock market
arthel: former president donald trump greeted with a standing ovation ufc 30 to match in newark, new jersey last night he shook hands with supporters as he made his way to the seats in his first major public appearance since his guilty verdict in his near criminal trial. welcome to fox news live i am arthel neville, hi bill. before going to see you again, happy sunday i am bill melugin in for eric shawn today donald trump s appearance coming two days after his not guilty on all 34 felony counts of falsifying business records and it new york criminal trial. he is avowing to appeal that conviction with former president sat down fox and friends weekend or an exclusive interview where he weighed in on that verdict and his push for reelection. cook you know, my revenge will be success and i mean that. but it is awfully hard when you see what they have done for the same time the country can come together i am saying this but the country can come together. you know, and during my
intense diplomacy of their own national security team and over at the state department. this was an israeli proposal every expectation hamas agrees to the proposal as was transmitted to them and israeli proposal is wri israel would sa. works former u.s. ambassador to israel as something different. he said in part israel made this offer the so-called deal with the hamas a proposal from four months ago. israel leaves gaza, hamas is in control the hostages are released. this is maddening. that top house democrat hakeem jeffries also called this a biden proposal did not say it wasisrael s proposal critics alo say this deal leaves hamas in control of gaza and of course he israeli redline has always been the goal of this operation is to completely destroy hamas. the two sides remain it appears our part. arthel: lucas tomlinson life in the white house thank you. bill: meanwhile and israel tens
cease-fire final stages see the bodies of the still and hamas in captivity for a large reconstruction project. they are reacting to the news today. any proposal which leads to our return to our homes and the reconstruction of our houses. and the release of our detained brothers. we are with it, all of us as a people and i as a citizen support this proposal. hamas has reacted to sang in a statement to fox news they view the plan laid out by biden as a positive thing. israel president has thrown his support behind the proposal saying this. i told prime minister netanyahu over the weekend i will give him and the government my full support will see the release of the hostages. right now it seems all parties are on board with the deal puts up to negotiators to
of thousands took over the streets of tel aviv yesterday. it is the latest of a series of protests demanding the government act to bring the israeli hostages hampered the israeli war cabinet is not meeting soon to discuss a new cease-fire plan present invited outlined on friday. trey yingst is joining us live in tel aviv with more. how is this proposal going over with the public out there? good afternoon breeze how the images from the demonstration last night in tel aviv and tonight meeting to discuss the latest proposal possible cease fire between israel and hamas the proposal was announced on friday was a six week pause in the fighting with troops withdrawing from causes major city. for palestinian prisoners. what all remaining released forr