Meta stock hits record high as ad business thrives

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Meta Platforms (META) shares reached a record high during Thursday's intraday trading session, driven by the company's robust advertising revenue. Notably, PDD (PDD) —the parent company of the rapidly growing e-commerce platform Temu —has emerged as one of Meta's top advertisers, spending an impressive $2 billion on advertising across Meta's platforms. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Angel Smith

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