Meta Platforms has seen a remarkable recovery with a 60% rally this year, boosted by a 73% increase in earnings and strong advertising revenue growth.
Zuckerberg expects significant capital expenditure growth for 2025 as it develops advanced data center capacity, indicating a shift in focus towards artificial intelligence.
Meta's revenue, heavily reliant on advertising from its Family of Apps, remains robust, with projections estimating a 19.7% increase to $161.5 billion in 2024.
With a recent stock price around 560.66, Meta is navigating a buy zone, showing strong performance, up 7% this week and thriving post-earnings.
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