Nearly every technology company touts its artificial intelligence credentials these days. I don't blame them, considering AI is a valuable addition to many software and services. But just because tons of companies are quickly integrating AI into their offerings,

Meta Platforms' financial results remain strong. Its third-quarter revenue grew 19% year over year to $40.6 billion. Its net income of $15.7 billion was 35% higher than the year-ago period. Meanwhile, Meta's daily active people grew 5% year over year to 3.29 billion.

Detailed price information for Meta Platforms Inc (META-Q) from The Globe and Mail including charting and trades.

The past couple of years have been absolutely phenomenal for technology stocks, which is evident from the 90% gains clocked by the Nasdaq-100 Technology Sector index during this period, and artificial intelligence (AI) is one of the main reasons behind this outstanding surge.