META SHARES JUMP AS AI FUELS AD SALES, OUTWEIGHING BIG CAPITAL COSTS

Summary from the TLDR AI newsletter

Meta's shares are up 11% after earnings today, driven largely by the success of AI-powered ad recommendations, which drove 5% more conversions on Instagram and 3% on Facebook. Mark Zuckerberg told analysts the company will push aggressively on AI investments as the most aggressive AI timelines have held true.