Meta Platforms Inc. Soars to New Heights

In an impressive display of financial strength, Meta Platforms Inc. saw its shares climb to an unprecedented peak this Thursday. The surge was fueled by the company's fourth-quarter earnings, which not only surpassed analysts' forecasts but also showcased a remarkable 50% leap in earnings per share and a 21% hike in revenue year-over-year.

By 10:43 am ET, Meta's stock had ascended by 3.25%, reaching a trading price of $698.02. This performance marks a 76% increase over the past year and a 19% rise in just the last month, underscoring the tech giant's robust growth trajectory.