Meta Platforms Inc. (NASDAQ: META) has announced a 21% year-over-year increase in revenue for the fourth quarter of 2024, reaching a net income of $20.8 billion. The company’s strong financial performance was driven by advancements in artificial intelligence (AI) that enhanced ad targeting and engagement across its platforms. CEO Mark Zuckerberg highlighted Meta’s AI-powered assistant, … Continue reading “Meta Platforms Inc. (NASDAQ: META) Reports Record Revenue and Strategic Shifts”
Snap (NYSE: SNAP) has announced the pricing of $1.5 billion in aggregate principal amount of 6.875% senior notes due 2033 in a private offering. The sale is expected to close on February 14, 2025, subject to customary closing conditions. The company plans to use the net proceeds to repurchase portions of its outstanding convertible senior … Continue reading “SocialNewsBreaks – Snap Inc. (NYSE: SNAP) Prices $1.5 Billion Senior Notes Due 2033”
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