Meta Platforms: Strengthening Market Position in the Smart Glasses Market & Other Major Developments!

Meta Platforms, Inc. reported a robust second quarter for 2024, marking significant growth dynamics amid global expansions and technological advancements. The company noted an increase in total revenue to $39.1 billion, a 22% year-over-year rise, primarily driven by the advertising segment. The impressive surge in revenue is also backed by a solid performance across ad engagements and the continuous rollout of AI-driven services and innovations.