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Zuckerberg's "year of efficiency" statement sends Meta prices up 20%
Meta Platforms Inc. chief executive officer Mark Zuckerberg struck a new tone with investors Wednesday: The social media giant will be leaner, more efficient and more decisive, with a big assist from artificial intelligence.
The company’s shares gained more than 20% in late trading on fourth-quarter revenue that beat expectations.
[Bloomberg]
Meta Platforms Inc. chief executive officer Mark Zuckerberg struck a new tone with investors Wednesday: The social media giant will be leaner, more efficient and more decisive, with a big assist from artificial intelligence.
The company’s shares gained more than 20% in late trading on fourth-quarter revenue that beat expectations.
[Bloomberg]