SA analysts praise Meta's outstanding Q2 as it pivots deeper into AI; stock hits all-time high

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Facebook CEO Mark Zuckerberg And News Corp CEO Robert Thomson Debut Facebook News

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Meta Platforms' (NASDAQ:META) second quarter earnings report and its forecast surpassed consensus estimates with ease, sending its shares up to a record high.

The stock soared as much as 13% to $784.69 on Tuesday, and helped drive U.S. markets higher alongside Microsoft (

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