Meta Platforms shares surged in after-hours trading after it blew out second-quarter earnings expectations Wednesday afternoon. Along with Alphabet’s second-quarter earnings report last week, Meta’s release reveals a lot of strength in digital advertising,

In the midst of an artificial intelligence spending spree, Meta posted stronger-than-expected results for the second quarter, buoyed by growing ad revenue even as its expenses increased

Meta Platforms delivered a standout second quarter, smashing analyst expectations and reaffirming its leadership role in AI-powered ad monetisation. With