Facebook parent Meta soars 19% after Mark Zuckerberg promises 'year of efficiency' cost cuts and a $40 billion share buyback

Facebook parent Meta soars 19% after Mark Zuckerberg promises 'year of efficiency' cost cuts and a $40 billion share buyback

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Meta CEO Mark Zuckerberg. Stephen Lam/Reuters Facebook parent Meta's stock jumped almost 19% in premarket trading Thursday after its Q4 earnings report. The tech giant missed on some earnings targets and said it would buy back $40 billion in shares. Its CEO Mark Zuckerberg pledged cost cuts in a…

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