What Drove Meta Stock's 2x Rise?
1. Meta's stock rose 97% in 2024, outperforming NASDAQ's 31%. 2. Revenue increased by 26%, reaching $170 billion since 2023. 3. AI investments have enhanced advertising, boosting user engagement and prices. 4. Net income margin expanded to 39%, resulting in 72% profit growth. 5. Stock is currently fully valued at about $702 per share.