BlockNews
FOLLOW ON X
  • BITCOIN
  • CRYPTO
    • ETHEREUM
    • RIPPLE XRP
    • SOLANA
    • CARDANO
    • BINANCE BNB
    • DOGECOIN
    • TRON
    • SUI
    • CHAINLINK
    • LITECOIN
  • FINANCE
  • POLITICS
  • MEMECOINS
  • NFT
  • OPINION
No Result
View All Result
BlockNews
  • BITCOIN
  • CRYPTO
    • ETHEREUM
    • RIPPLE XRP
    • SOLANA
    • CARDANO
    • BINANCE BNB
    • DOGECOIN
    • TRON
    • SUI
    • CHAINLINK
    • LITECOIN
  • FINANCE
  • POLITICS
  • MEMECOINS
  • NFT
  • OPINION
No Result
View All Result
BlockNews
Home BUSINESS

Meta Stock Hits New All Time High Amid Surging Revenue Growth and Platform Outages

Gary Ponce by Gary Ponce
December 12, 2024
in BUSINESS, FINANCE
Reading Time: 3 mins read
1
SHARES
22
VIEWS
Share on XShare in TelegramShare on Reddit
  • META stock hit an all-time high as Facebook’s ad revenue surpassed $100 billion
  • The company is expected to benefit from emerging AI businesses and the anticipated launch of Orion augmented reality glasses in 2025
  • Facebook is projected to reach $112 billion in advertising revenue by 2026, becoming the second media company after Google to surpass $100 billion in ad revenue

META’s Record-Breaking Performance Boosted by Facebook Ad Revenue

META’s Ascend to an All-Time High:

In a significant milestone for the tech giant, META, the company’s stock has achieved an unprecedented high. This surge correlates with the Facebook platform’s ad revenue crossing the $100 billion threshold. The past week has been particularly beneficial for the company, with the stock price hitting a record $629.84 on Wednesday.

JUST IN: $META hits new all-time high stock price of $638 despite reports of multiple platform outages pic.twitter.com/ujuO0wGGLk

— BlockNews (@blocknewsdotcom) December 11, 2024

Forthcoming Innovations and their Potential Impact:

The current performance is just the tip of the iceberg for the company’s prospective success this year. With cutting-edge AI businesses on the horizon and the eagerly-awaited Orion augmented reality glasses set to launch in 2025, META is fast becoming an irresistible investment for Wall Street.

META’s New Record and the Implications for 2025:

The year has been phenomenal for numerous technology stocks. With NVidia (NVDA) and Apple (APPL) vying for the leading position in the world’s market cap rankings, investors are continuously supporting companies that leverage emerging technologies such as AI and cloud-based computing. META stands out among these, having recently set a new record high thanks to an ad revenue milestone.

META’s Success Story and Future Prospects:

Since 2022, META has enjoyed an 83% return, a testament to its success. The company, led by Mark Zuckerberg, boasts impressive gross profit margins at 81%, which has fueled its stock surge by more than 91% over the past year. A significant contributor to this success has been the triumphant performance of its social media platforms.

JUST IN: $META hits new all-time high stock price of $638 despite reports of multiple platform outages pic.twitter.com/ujuO0wGGLk

— BlockNews (@blocknewsdotcom) December 11, 2024

The Power of Social Media Platforms in Revenue Generation:

Instagram, WhatsApp, and Facebook remain the top players. Notably, Facebook is on track to exceed $100 billion in ad revenue with its user base exceeding 22 billion. Current projections indicate that the platform could generate $112 billion in advertising revenue by 2026. If this happens, it would become only the second media company to cross the 11-figure mark since Google did so in 2020.

Conclusion: META’s Impressive Performance and Bright Future Ahead

In conclusion, META’s recent performance is a testament to the company’s strategic direction and its ability to leverage its popular social media platforms for significant revenue generation. With promising developments on the horizon and an impressive track record, the future looks bright for META.

Tags: appleFacebookinstagramMark ZuckerbergMetanvidiaWhatsApp
TweetShareShare
Gary Ponce

Gary Ponce

Gary has been active in the space since 2019. He trades regularly, hunts for airdrops, and occasionally dabbles in low-cap meme coins with strong narratives. For the past four years, he has been working with Aiur Labs, contributing his expertise and insights for the community. Gary is also a strong believer and long-term holder of Bitcoin, Sui, Hype, Litecoin, XRP, and a variety of other meme tokens.

DON'T MISS THESE! HOT OFF THE PRESS

XRP Battles to Hold $2.74 as Bearish Pressure Mounts
CRYPTO

XRP Battles to Hold $2.74 as Bearish Pressure Mounts

August 31, 2025
Ethereum at a Crossroads as Price Pulls Back from Highs
CRYPTO

Ethereum at a Crossroads as Price Pulls Back from Highs

August 30, 2025
Dogecoin Rebounds as Elon Musk’s Lawyer Pushes Bold $200M Treasury Plan
BUSINESS

Dogecoin Rebounds as Elon Musk’s Lawyer Pushes Bold $200M Treasury Plan

August 30, 2025
Pudgy Penguins’ Mobile Game Launch Sparks Bullish Predictions for PENGU Token
CRYPTO

Pudgy Penguins’ Mobile Game Launch Sparks Bullish Predictions for PENGU Token

August 30, 2025
Bitcoin Skepticism Won’t Go Away—Even at $10 Million, Says Adviser
BITCOIN

Bitcoin Skepticism Won’t Go Away—Even at $10 Million, Says Adviser

August 30, 2025
Indian Court Hands Life Sentences to Ex-Politician and Police Officers Over Bitcoin Kidnapping Plot
BITCOIN

Indian Court Hands Life Sentences to Ex-Politician and Police Officers Over Bitcoin Kidnapping Plot

August 30, 2025
Load More

Related News

XRP Battles to Hold $2.74 as Bearish Pressure Mounts

XRP Battles to Hold $2.74 as Bearish Pressure Mounts

August 31, 2025
Ethereum at a Crossroads as Price Pulls Back from Highs

Ethereum at a Crossroads as Price Pulls Back from Highs

August 30, 2025
Dogecoin Rebounds as Elon Musk’s Lawyer Pushes Bold $200M Treasury Plan

Dogecoin Rebounds as Elon Musk’s Lawyer Pushes Bold $200M Treasury Plan

August 30, 2025
Pudgy Penguins’ Mobile Game Launch Sparks Bullish Predictions for PENGU Token

Pudgy Penguins’ Mobile Game Launch Sparks Bullish Predictions for PENGU Token

August 30, 2025
Bitcoin Skepticism Won’t Go Away—Even at $10 Million, Says Adviser

Bitcoin Skepticism Won’t Go Away—Even at $10 Million, Says Adviser

August 30, 2025
Twitter Telegram Threads

BLOCKNEWS.COM

BlockNews is your premier source for real-time cryptocurrency, blockchain, political and financial market news.

Stay ahead of the herd with BlockNews

RESOURCES

  • About
  • Contact Us
  • Terms and Conditions
  • Privacy Policy

© 2025 BlockNews

No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO
    • ETHEREUM
    • RIPPLE XRP
    • SOLANA
    • CARDANO
    • BINANCE BNB
    • DOGECOIN
    • TRON
    • LITECOIN
    • CHAINLINK
    • SUI
  • MEMECOINS
  • POLITICS
  • FINANCE
  • NFT
  • DEFI
  • GUIDES

© 2025 BlockNews