47% ) came into its third-quarter earnings report, riding a bullish wave after its release of Muse, its AI personal agent that has topped the app download charts.
The company also delivered those results with 15% fewer employees, as it cut its headcount by roughly 10,000 in layoffs earlier this year, freeing up more cash to invest in AI.
For the first time since its 20212 IPO, Meta is splitting its stock.
Jeremy Bowman has been a contributing Motley Fool stock market analyst, covering technology, consumer goods, and macroeconomic trends since 2011.
Following the call, a replay will be available at the same website.