Meta shares surged about 17% in Friday trading, after the firm tripled profits in the fourth quarter and issued its first-ever cash dividend.
Meta stock jumped late Thursday after the company reported better than expected earnings and announced plans for a dividend.
Meta shares rose sharply after the tech giant beat earnings estimates, announced its first-ever dividend payment and approved an additional $50 billion for ...
Facebook and Instagram parent rewards shareholders as it plans big investments on new bets, including AI.
The trillion-dollar social media giant's market value soared after it reported a robust profits driven by digital advertising.
But Apple (shares down 5% this year) and Tesla (down 26%) have watched on the sidelines as their big tech peers have won over investors in 2024.
Meta, the parent company of social media giant Facebook, is thriving financially, according to its 2023 fourth quarter earning results.
Shares of Meta soared Friday, after reporting a beat on earnings and guidance, and announcing new shareholder initiatives.
Shares of Meta soared Friday after the company reported a beat on earnings and guidance and announced new shareholder initiatives.
Meta Platforms added $196 billion in stock market value on Friday, marking the biggest one-day gain by any company in Wall Street history after the Facebook ...