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Meta and Mark Zuckerberg have a lot to celebrate as 2024 comes to a close. ... Meta's stock is up 66% year-to-date, and Zuckerberg is more than $84 billion richer today than he was at the start of ...
Zuckerberg told analysts on the call that Meta had achieved the level of efficiency it had aimed for—the business's headcount is down 22% compared to a year ago, now at just over 67,000—adding ...
Social media stocks were a mixed bag in 2024. Meta Platforms (NASDAQ: META) was the big winner of the group, up about 68% on the year, while Pinterest (NYSE: PINS) and Snap (NYSE: SNAP) were down ...
Meta CEO Mark Zuckerberg tried to calm investors after the company announced it's going to spend more on AI but couldn't assuage concerns as shares fell more than 10% Thursday.
During Meta’s earnings call, Mark Zuckerberg focused on AI, the metaverse and hardware projects that aren't currently profitable, turning off investors. Meta stock plummets after Mark Zuckerberg ...
Even though Meta stock has gained impressively in the past year, it is trading at 29.8 times earnings. That's a slight discount to the Nasdaq-100 index's earnings multiple of 31.7 (using the index ...
Meta stock traded at a new all-time intraday high Thursday, following a developer event that put its artificial intelligence ambitions on display. Shares rose as high as $577 after market open ...
Mark Zuckerberg is staying the course with Meta's heavy AI spending. The company reported its third-quarter earnings on Wednesday, outlining how its $40.59 billion quarterly revenue beat ...