Strong earnings report pushes Meta shares up amid heavy AI spending

July 31, 2024 Leave a Comment

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.

Stock price grew around 5%, which revealed the company outperformed analysts’ expectations for its second quarterMeta’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. Continue reading…

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