Facebook owner Meta hits 28-month high as advertising rebound emerges

Meta Platforms Inc (NASDAQ:FB) closed at a 28-month high on the Nasdaq this Wednesday following a 365-basis-point rally. Analysts have started to reassess the stock in the age of artificial intelligence, even as the Facebook and Instagram owner faces criticisms of disseminating potentially harmful content to minors. New Mexico Attorney General Raúl Torrez has accused the social media titan of enabling adults to “find, message and groom minors” for sexual exploitation, while Walmart and online dating conglom ...