Strong earnings report pushes Meta shares up amid heavy AI spending
by Nick Robins-Early from Technology | The Guardian on (#6PMWN)
Stock price grew around 5%, which revealed the company outperformed analysts' expectations for its second quarter
Meta's shares rose in after-hours trading on Wednesday off the back of a strong earnings report that comes as the company is spending heavily on AI tools.
The company's stock price grew around 5% following the report, which revealed the company outperformed analysts' expectations for its second quarter.
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