Reported about 2 months ago
Meta Platforms Inc. has seen a significant increase in its stock price, rising 13% this month, as CEO Mark Zuckerberg effectively communicated the benefits of artificial intelligence in enhancing the company's digital advertising business. Despite increased capital expenditures, Meta continues to impress investors by explaining how AI integration is driving revenue growth, unlike its competitors like Google and Microsoft. This strategic communication has set Meta apart in a competitive landscape of big tech firms investing heavily in AI.
Source: YAHOO