As of Thursday, Zuckerberg's net worth reached $206.2 billion, surpassing Jeff Bezos's $205.1 billion, indicating a significant growth in personal wealth alongside investor enthusiasm.
Meta closed at a record high of $582.77, representing a 68% increase since January when shares were at $346.29, fueled by strong quarterly earnings.
Wall Street's continued support for Meta in 2024 reflects its consistent quarterly earnings that have outperformed analyst predictions, highlighting strong investor confidence.
The company attributes its sales growth to significant investments in artificial intelligence, which have enhanced its online advertising performance after previous challenges.
Collection
[
|
...
]