Meta Shares Surge 5% as Sales Exceed Estimates on AI-Driven Advertising Growth
Global Spotlights Technology
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Meta Shares Surge 5% as Sales Exceed Estimates on AI-Driven Advertising Growth

August 2, 2024
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Meta’s recent earnings report surpassed estimates, driven by effective AI in advertising. Shares jumped 5% as the company forecasts strong future growth. Meta Platforms Inc., the parent company of Facebook and Instagram, experienced a notable surge in its stock price, climbing about 5% in late trading after reporting impressive sales

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