Meta Stock Jumps After Q2 Earnings Beat as AI Spending Signals Strong Growth
Meta Platforms Inc. (NASDAQ: META) saw its stock jump in after-hours trading Wednesday following a stronger-than-expected second-quarter earnings report, fueled by surging revenue from its core advertising business and growing investments in artificial intelligence technologies. The company, formerly known as Facebook, reported earnings of $4.12 per share on revenue of $40.8 billion, surpassing Wall Street … Read more