Reported 11 days ago
Meta's stock surged to a record high following the Meta Connect 2024 event, where CEO Mark Zuckerberg highlighted the company's advancements in artificial intelligence, including the launch of the Llama 3.2 AI model. With new augmented reality products and strong competition in the AI field, analysts raised their price forecasts for Meta shares, reflecting confidence in its future potential despite ongoing losses from its Reality Labs division.
Source: YAHOO