{"id":2875,"date":"2024-03-08T09:43:48","date_gmt":"2024-03-08T09:43:48","guid":{"rendered":"https:\/\/efimarkets.com\/blog\/?p=2875"},"modified":"2024-03-20T07:27:43","modified_gmt":"2024-03-20T07:27:43","slug":"meta-stock-rises-above-500-as-facebooks-parent-touts-ai-powered-gains","status":"publish","type":"post","link":"https:\/\/bhimmarkets.com\/blog\/meta-stock-rises-above-500-as-facebooks-parent-touts-ai-powered-gains\/","title":{"rendered":"Meta stock rises above 500 as Facebook&#8217;s parent touts AI-powered gains."},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"2875\" class=\"elementor elementor-2875\">\n\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-e9ac7e5 e-con-boxed e-flex e-con\" data-id=\"e9ac7e5\" data-element_type=\"container\" data-settings=\"{&quot;content_width&quot;:&quot;boxed&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-18f673e elementor-widget elementor-widget-image\" data-id=\"18f673e\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.13.0 - 24-04-2023 *\/\n.elementor-widget-image{text-align:center}.elementor-widget-image a{display:inline-block}.elementor-widget-image a img[src$=\".svg\"]{width:48px}.elementor-widget-image img{vertical-align:middle;display:inline-block}<\/style>\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.investors.com\/news\/technology\/meta-stock-rallies-500-tech-giant-ai\/\">\n\t\t\t\t\t\t\t<img decoding=\"async\" loading=\"lazy\" width=\"1000\" height=\"545\" src=\"https:\/\/bhimmarkets.com\/blog\/wp-content\/uploads\/2024\/03\/me.jpg\" class=\"attachment-large size-large wp-image-2876\" alt=\"Meta stock rises\" srcset=\"https:\/\/bhimmarkets.com\/blog\/wp-content\/uploads\/2024\/03\/me.jpg 1000w, https:\/\/bhimmarkets.com\/blog\/wp-content\/uploads\/2024\/03\/me-300x164.jpg 300w, https:\/\/bhimmarkets.com\/blog\/wp-content\/uploads\/2024\/03\/me-768x419.jpg 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-aad30ea e-con-boxed e-flex e-con\" data-id=\"aad30ea\" data-element_type=\"container\" data-settings=\"{&quot;content_width&quot;:&quot;boxed&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-1f3d2d0 elementor-widget elementor-widget-text-editor\" data-id=\"1f3d2d0\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.13.0 - 24-04-2023 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#69727d;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<p><span style=\"color: #000000;\">Shares of Meta Platforms (META) surged on Thursday, surpassing the 500 mark once again. The parent company of Facebook showcased its strides in leveraging generative artificial intelligence to amplify user engagement.<\/span><\/p><h3><span style=\"color: #000000;\">Strategic Unveiling at Industry Conference<\/span><\/h3><p><span style=\"color: #000000;\">During a Morgan Stanley industry conference, Facebook head Tom Alison unveiled the company&#8217;s strategy. They plan to deploy robust generative AI models for video recommendations across Facebook&#8217;s ecosystem.<\/span><\/p><h3><span style=\"color: #000000;\">Positive Outcomes of AI Implementation<\/span><\/h3><p><span style=\"color: #000000;\">Alison elaborated on the positive outcomes of Meta&#8217;s recent adoption of large language models. Their aim is to refine algorithms for suggesting Reels videos to users, leading to a notable 8%-10% increase in watch time for Reels on Facebook.<\/span><\/p><h3><span style=\"color: #000000;\">Expanding AI Integration and Expected Outcomes<\/span><\/h3><p><span style=\"color: #000000;\">Implemented late last year, this new model architecture proved significantly more efficient in data learning. Meta intends to scale up this model across its platform by 2026, targeting more engaging and relevant recommendations with enhanced responsiveness.<\/span><\/p><h3><span style=\"color: #000000;\">Meta stock rises<\/span><\/h3><p><span style=\"color: #000000;\">On the stock market, Meta stock rises 3.3% to close at 512.30, following a 1.2% gain on Wednesday. Over the past year, Meta&#8217;s shares surged by nearly 180%, bolstered by its perceived strength in AI innovation.<\/span><\/p><h3><span style=\"color: #000000;\">Embracing Open-Source AI<\/span><\/h3><p><span style=\"color: #000000;\">Meta&#8217;s commitment to an open-source AI approach is gaining traction. By offering their large language model Llama for free to developers and researchers, Meta aims to foster innovation in the AI community.<\/span><\/p><h3><span style=\"color: #000000;\">Zuckerberg&#8217;s Vision for AI and Revenue Generation<\/span><\/h3><p><span style=\"color: #000000;\">Meta CEO Mark Zuckerberg underscores the potential of AI investments in enhancing user engagement. This, in turn, could drive revenue growth through increased advertising opportunities across Meta&#8217;s platforms.<\/span><\/p><h3><span style=\"color: #000000;\">Catering to Gen Z Preferences<\/span><\/h3><p><span style=\"color: #000000;\">Furthermore, Alison emphasized Meta&#8217;s AI advancements as a means to stay relevant to the preferences of Gen Z. This generation seeks social media platforms that facilitate connection with friends while also offering diverse content experiences.<\/span><\/p><p><span style=\"color: #000000;\">In other news, the Wall Street Journal reported that e-commerce platform Temu allocated nearly $2 billion to advertising through Meta last year. This underscores the significant investment by Chinese retailers in leveraging Facebook and Instagram ads to reach U.S. consumers.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-cc1fb3d e-con-boxed e-flex e-con\" data-id=\"cc1fb3d\" data-element_type=\"container\" data-settings=\"{&quot;content_width&quot;:&quot;boxed&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-6fa9c3f elementor-widget elementor-widget-text-editor\" data-id=\"6fa9c3f\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<h5><strong>Trade while moving. Anytime, Anywhere<\/strong><\/h5><p><span style=\"color: #000000;\">EFI Markets is a<\/span>\u00a0<a href=\"https:\/\/efimarkets.com\/\">most trusted trading platform<\/a>\u00a0<span style=\"color: #000000;\">that simplifies trading through its efficient platform and a range of tools and features.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Shares of Meta Platforms (META) surged on Thursday, surpassing the 500 mark once again. The parent company of Facebook showcased its strides in leveraging generative artificial intelligence to amplify user engagement. Strategic Unveiling at Industry Conference During a Morgan Stanley industry conference, Facebook head Tom Alison unveiled the company&#8217;s strategy. They plan to deploy robust &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"https:\/\/bhimmarkets.com\/blog\/meta-stock-rises-above-500-as-facebooks-parent-touts-ai-powered-gains\/\"> <span class=\"screen-reader-text\">Meta stock rises above 500 as Facebook&#8217;s parent touts AI-powered gains.<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":1,"featured_media":2876,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"default","ast-global-header-display":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","footnotes":""},"categories":[12],"tags":[15,14],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Meta stock rises above 500 as Facebook&#039;s<\/title>\n<meta name=\"description\" content=\"Meta stock rises above 500 on Thursday as Facebook&#039;s parent touts AI-powered gains. The parent company of Facebook showcased\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bhimmarkets.com\/blog\/meta-stock-rises-above-500-as-facebooks-parent-touts-ai-powered-gains\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Meta stock rises above 500 as Facebook&#039;s\" \/>\n<meta property=\"og:description\" content=\"Meta stock rises above 500 on Thursday as Facebook&#039;s parent touts AI-powered gains. The parent company of Facebook showcased\" \/>\n<meta property=\"og:url\" content=\"https:\/\/bhimmarkets.com\/blog\/meta-stock-rises-above-500-as-facebooks-parent-touts-ai-powered-gains\/\" \/>\n<meta property=\"article:published_time\" content=\"2024-03-08T09:43:48+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-03-20T07:27:43+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/bhimmarkets.com\/blog\/wp-content\/uploads\/2024\/03\/me.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"545\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"OwHOZud0h0U2w6dL8ST\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"OwHOZud0h0U2w6dL8ST\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/bhimmarkets.com\/blog\/meta-stock-rises-above-500-as-facebooks-parent-touts-ai-powered-gains\/\",\"url\":\"https:\/\/bhimmarkets.com\/blog\/meta-stock-rises-above-500-as-facebooks-parent-touts-ai-powered-gains\/\",\"name\":\"Meta stock rises above 500 as Facebook's\",\"isPartOf\":{\"@id\":\"https:\/\/bhimmarkets.com\/blog\/#website\"},\"datePublished\":\"2024-03-08T09:43:48+00:00\",\"dateModified\":\"2024-03-20T07:27:43+00:00\",\"author\":{\"@id\":\"https:\/\/bhimmarkets.com\/blog\/#\/schema\/person\/63db6c7de82aa9bcb044e573b2f4befe\"},\"description\":\"Meta stock rises above 500 on Thursday as Facebook's parent touts AI-powered gains. The parent company of Facebook showcased\",\"breadcrumb\":{\"@id\":\"https:\/\/bhimmarkets.com\/blog\/meta-stock-rises-above-500-as-facebooks-parent-touts-ai-powered-gains\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/bhimmarkets.com\/blog\/meta-stock-rises-above-500-as-facebooks-parent-touts-ai-powered-gains\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/bhimmarkets.com\/blog\/meta-stock-rises-above-500-as-facebooks-parent-touts-ai-powered-gains\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/bhimmarkets.com\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Meta stock rises above 500 as Facebook&#8217;s parent touts AI-powered gains.\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/bhimmarkets.com\/blog\/#website\",\"url\":\"https:\/\/bhimmarkets.com\/blog\/\",\"name\":\"\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/bhimmarkets.com\/blog\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/bhimmarkets.com\/blog\/#\/schema\/person\/63db6c7de82aa9bcb044e573b2f4befe\",\"name\":\"OwHOZud0h0U2w6dL8ST\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/bhimmarkets.com\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/4552fd24ed1ae02fc232995d10c209fd?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/4552fd24ed1ae02fc232995d10c209fd?s=96&d=mm&r=g\",\"caption\":\"OwHOZud0h0U2w6dL8ST\"},\"description\":\"puritogel puritogel88 login puritogel login puritogel88 link puritogel link puritogel88 puri togel puri togel88 slot garansi kekalahan slot server thailand slot server luar nemo69 nemo69 hanoman138 nemo69 hanoman138 nemo69 hanoman138 rp888 sonic303 77rabbit 77 rabbit 33hbet login 33hbet link 33hbet 33hbet login 33hbet link 33hbet 33hbet login 33hbet link 33hbet\",\"sameAs\":[\"https:\/\/efimarkets.com\/blog\"],\"url\":\"https:\/\/bhimmarkets.com\/blog\/author\/owhozud0h0u2w6dl8st\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Meta stock rises above 500 as Facebook's","description":"Meta stock rises above 500 on Thursday as Facebook's parent touts AI-powered gains. The parent company of Facebook showcased","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/bhimmarkets.com\/blog\/meta-stock-rises-above-500-as-facebooks-parent-touts-ai-powered-gains\/","og_locale":"en_US","og_type":"article","og_title":"Meta stock rises above 500 as Facebook's","og_description":"Meta stock rises above 500 on Thursday as Facebook's parent touts AI-powered gains. The parent company of Facebook showcased","og_url":"https:\/\/bhimmarkets.com\/blog\/meta-stock-rises-above-500-as-facebooks-parent-touts-ai-powered-gains\/","article_published_time":"2024-03-08T09:43:48+00:00","article_modified_time":"2024-03-20T07:27:43+00:00","og_image":[{"width":1000,"height":545,"url":"https:\/\/bhimmarkets.com\/blog\/wp-content\/uploads\/2024\/03\/me.jpg","type":"image\/jpeg"}],"author":"OwHOZud0h0U2w6dL8ST","twitter_card":"summary_large_image","twitter_misc":{"Written by":"OwHOZud0h0U2w6dL8ST","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/bhimmarkets.com\/blog\/meta-stock-rises-above-500-as-facebooks-parent-touts-ai-powered-gains\/","url":"https:\/\/bhimmarkets.com\/blog\/meta-stock-rises-above-500-as-facebooks-parent-touts-ai-powered-gains\/","name":"Meta stock rises above 500 as Facebook's","isPartOf":{"@id":"https:\/\/bhimmarkets.com\/blog\/#website"},"datePublished":"2024-03-08T09:43:48+00:00","dateModified":"2024-03-20T07:27:43+00:00","author":{"@id":"https:\/\/bhimmarkets.com\/blog\/#\/schema\/person\/63db6c7de82aa9bcb044e573b2f4befe"},"description":"Meta stock rises above 500 on Thursday as Facebook's parent touts AI-powered gains. The parent company of Facebook showcased","breadcrumb":{"@id":"https:\/\/bhimmarkets.com\/blog\/meta-stock-rises-above-500-as-facebooks-parent-touts-ai-powered-gains\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/bhimmarkets.com\/blog\/meta-stock-rises-above-500-as-facebooks-parent-touts-ai-powered-gains\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/bhimmarkets.com\/blog\/meta-stock-rises-above-500-as-facebooks-parent-touts-ai-powered-gains\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/bhimmarkets.com\/blog\/"},{"@type":"ListItem","position":2,"name":"Meta stock rises above 500 as Facebook&#8217;s parent touts AI-powered gains."}]},{"@type":"WebSite","@id":"https:\/\/bhimmarkets.com\/blog\/#website","url":"https:\/\/bhimmarkets.com\/blog\/","name":"","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/bhimmarkets.com\/blog\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/bhimmarkets.com\/blog\/#\/schema\/person\/63db6c7de82aa9bcb044e573b2f4befe","name":"OwHOZud0h0U2w6dL8ST","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/bhimmarkets.com\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/4552fd24ed1ae02fc232995d10c209fd?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/4552fd24ed1ae02fc232995d10c209fd?s=96&d=mm&r=g","caption":"OwHOZud0h0U2w6dL8ST"},"description":"puritogel puritogel88 login puritogel login puritogel88 link puritogel link puritogel88 puri togel puri togel88 slot garansi kekalahan slot server thailand slot server luar nemo69 nemo69 hanoman138 nemo69 hanoman138 nemo69 hanoman138 rp888 sonic303 77rabbit 77 rabbit 33hbet login 33hbet link 33hbet 33hbet login 33hbet link 33hbet 33hbet login 33hbet link 33hbet","sameAs":["https:\/\/efimarkets.com\/blog"],"url":"https:\/\/bhimmarkets.com\/blog\/author\/owhozud0h0u2w6dl8st\/"}]}},"_links":{"self":[{"href":"https:\/\/bhimmarkets.com\/blog\/wp-json\/wp\/v2\/posts\/2875"}],"collection":[{"href":"https:\/\/bhimmarkets.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bhimmarkets.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bhimmarkets.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bhimmarkets.com\/blog\/wp-json\/wp\/v2\/comments?post=2875"}],"version-history":[{"count":9,"href":"https:\/\/bhimmarkets.com\/blog\/wp-json\/wp\/v2\/posts\/2875\/revisions"}],"predecessor-version":[{"id":2998,"href":"https:\/\/bhimmarkets.com\/blog\/wp-json\/wp\/v2\/posts\/2875\/revisions\/2998"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bhimmarkets.com\/blog\/wp-json\/wp\/v2\/media\/2876"}],"wp:attachment":[{"href":"https:\/\/bhimmarkets.com\/blog\/wp-json\/wp\/v2\/media?parent=2875"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bhimmarkets.com\/blog\/wp-json\/wp\/v2\/categories?post=2875"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bhimmarkets.com\/blog\/wp-json\/wp\/v2\/tags?post=2875"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}