Why Meta Platforms Stock Soared on AI News Today
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Meta Platforms' stock surged nearly 4% on Monday, significantly outperforming the S&P 500, following a report that the company plans to enhance its advertising capabilities using artificial intelligence (AI). The Wall Street Journal indicated that Meta aims to allow advertisers to create ads entirely through AI and microtarget consumers, with a full rollout expected by the end of 2026. This strategic move highlights Meta's commitment to maintaining its advertising dominance in the social media market, which is crucial for its revenue.
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