Meta shares add $23 billion to their market value in one day

Alphabet shares jumped more than 5% in yesterday’s session after 6 sessions of losses, recording its largest daily gains in more than 4 months, with the company adding $78 billion to its market value in one day.

These gains came as analysts welcomed the launch of Gemini, the latest artificial intelligence model of the parent company of Google, which it said outperformed “ChatChiP” in most tests.

Meta’s stock rose by about 3%, recording its largest daily gain in more than a month, with the company adding $23 billion to its market value in one day.

Apptopia’s analysis showed that the Threads platform outperformed its competitor, at least in terms of downloads through app stores.

The number of downloads of the Meta application doubled to more than 620,000 during the month of November, and data indicates that this is due to increased advertising for the application.