Meta Soars, eBay Gains, Shake Shack Plunges
On this edition of Stock Movers:- Meta Platforms (META) shares are surging today. This comes after the company reported earnings after the bell yesterday and blew out second quarter earnings expectations. Meta is taking advantage of its lucrative advertising business and stepping up spending next year, with executives saying now is the time to seize on investment opportunities in artificial intelligence. Investors cheered the plan, sending shares up as much as 12% to $779.34 after markets opened in New York on Thursday, marking a record high. The social media giant reported second-quarter…
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