Meta shares jumped 24% to $189.54 at 10:41 a.m. in New York. In the call with investors on Wednesday, Zuckerberg said the company is using AI to improve the way it recommends content — a ...

For context, private equity firms try to buy companies at 11X to 12X cash-adjusted earnings. Meta's historical fair value for 2023 was $259 based on 2023 estimates, and it was trading at $88.

When Meta Platforms (META) cut 13% of its staff last year, the stock started an incredible ascent, nearly doubling in value.

Despite the banking crisis, the market puts nearly 90% odds on another quarter-point interest rate hike Wednesday afternoon.

Meta’s shares are up 70% this year ... First, Zuckerberg has created the impression that his margins can soar with fewer people and that, at the same time, he can roll back other expenses ...

shares were soaring Friday after the company said its first-quarter loss narrowed to 404 million euros ($517 million) as sales declined 24% on weaker demand and "inventory corrections throughout ...

This discourages corporations from lending to invest in growth. Meta shares may soar toward previous levels. Wall Street likes companies that trim costs aggressively. Risks Meta is stubbornly ...

(Bloomberg) -- Meta Platforms Inc. is headed for its biggest single-day gain in almost a decade after Chief Executive Officer Mark Zuckerberg laid out plans to make the social media giant leaner, more ...