"Meta's Record-Breaking Stock Surge and Zuckerberg's Multi-Billion Windfall"

TL;DR Summary
Meta Platforms Inc., formerly known as Facebook, experienced a record-breaking surge in its stock market value, adding $197 billion in a single session, the largest in stock-market history. The company's impressive quarterly earnings report, cost-cutting measures, $50 billion stock buyback plan, and announcement of its first quarterly dividend have all contributed to its newfound success. Despite reducing headcount, Meta continues to invest heavily in artificial intelligence advancements, signaling a strong outlook for the future.
Topics:business#artificial-intelligence#finance#market-capitalization#meta-platforms-inc#quarterly-earnings#stock-market
- Meta's $197 Billion Surge Is Biggest in Stock-Market History Yahoo Finance
- Meta's Zuckerberg sees $28 billion windfall after shares rocket CNBC
- Meta Platforms Surged $204.5 Billion in One Day, the Largest in History Barron's
- Meta's Brand-New Dividend Will Make You This Much Richer Investor's Business Daily
- Meta CEO Mark Zuckerberg to Get $700 Million a Year From New Dividend Bloomberg
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