stricter cost controls this year and a new $40-billion share buyback sent shares soaring on Wednesday, as CEO Mark Zuckerberg called 2023 the “Year of Efficiency.”
Meta stock was up 18.3% in after-hours trade. Shares of peer Alphabet Inc were up 3.3% and Snap Inc stock rose 1%. “Meta’s better-than-feared results should refute concerns over the state of the digital advertising industry following Snap’s horrible guidance earlier this week,” said Jesse Cohen, senior analyst at Investing.com.
You mean fired all their staff?
Empty balloon on market For integrated shares Fakeness and scum is target Attract a foolish lambs...
Sounds like their demographic of boomers hasn't quite dried up yet
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