“Meta Shares Are Flying High as Zuckerberg Sells His AI Vision”
August 22, 2024
“The Mark Zuckerberg run company has seen its shares gain 13% this month, far outperforming Big Tech peers despite reporting another jump in capital expenditures and pledging to spend even more going forward. The stock rose 0.3%, inching closer to its record closing price from last month.
The difference for Meta is that Zuckerberg did a better job of convincing investors that AI is helping to improve results in its core business — digital advertising…”
https://finance.yahoo.com/news/meta-shares-flying-high-zuckerberg-110223590.html