Facebook parent company Meta reported its highest quarterly earnings since 2021 citing growth in advertising across all platforms.

<div class="block">Facebook parent company Meta reported its highest quarterly earnings since 2021 citing growth in advertising across all platforms.</div>

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Meta Reports Surge in Second-Quarter Earnings

Facebook parent company meta reported its highest quarterly earnings since 2021 signaling growth in advertising across all of its platforms. The social media giant reported a net profit of $7.8 billion for the second quarter. A 16% increase from last year. Me A CEO Mark Zuckerberg cost cutting and focused on an on A I have helped social media giant shares nearly doubled since the beginning of the year.