Meta Platforms Inc. (NASDAQ: META) has announced a 21% year-over-year increase in revenue for the fourth quarter of 2024, reaching a net income of $20.8 billion. The company’s strong financial performance was driven by advancements in artificial intelligence (AI) that enhanced ad targeting and engagement across its platforms. CEO Mark Zuckerberg highlighted Meta’s AI-powered assistant, … Continue reading “Meta Platforms Inc. (NASDAQ: META) Reports Record Revenue and Strategic Shifts”
Meta Platforms (NASDAQ: META) is considered undervalued following its recent earnings report, with Morningstar assigning a 4-star rating and maintaining a fair value estimate of $770 per share. The company’s strong performance, driven by robust advertising revenue and advancements in artificial intelligence, has led to increased confidence among analysts. Despite potential macroeconomic and regulatory challenges, … Continue reading “SocialNewsBreaks – Meta Platforms Inc. (NASDAQ: META) Launches Edits App to Empower Creators”
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