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Facebook parent Meta’s stock soars toward record high on first-ever dividend

Por: MarketWatch Politics February 02, 2024

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The advance came as Meta — the parent of Facebook, Instagram and WhatsApp — prepares to spend billions of additional dollars on tech infrastructure to support greater AI capabilities for users and businesses. The company said it expects to spend between $30 billion and $37 billion this year, a $2 billion increase from the high point of its prior range, as it invests in servers and data centers. Chief Executive Mark Zuckerberg said during an... + full article



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