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Meta Platforms added $196 billion in stock market value on Friday, marking the biggest one-day gain by any company in Wall Street History after the Facebook parent declared its first dividend and posted robust results. Meta's stock surged 20.3% for the session, also recording its biggest one-day percentage increase in a year and its third biggest since its 2012 Wall Street debut. Its stock market value now stands at more than $1.22 trillion. Days ahead of Facebook's 20th anniversary, Meta late on Thursday authorized an additional $50 billion in share repurchases and said its quarterly dividend would be 50 cents per share.     While dividends are associated with mature, slow-growth companies, Meta's is the fourth offered by Wall Street's most valuable technology-related heavyweights, along with Apple, Microsoft and Nvidia. "Paying a dividend suggests the company wants to reboot its reputation and be taken more seriously. But ultimately...

The Powerball jackpot climbed to an estimated $1.55 billion after no one matched the game’s six numbers and won the giant prize DES MOINES, Iowa -- The Powerball jackpot climbed to an estimated $1.55 billion after no one matched the game’s six numbers Saturday and won the giant prize. The numbers drawn Saturday night were: 47, 54, 57, 60, 65 and red Powerball 19. The $1.55 billion prize is for a sole winner who is paid through an annuity, with annual checks over 30 years. Most jackpot winners opt for cash, which for the next drawing Monday night would be an estimated $679.8 million. The jackpot is now the world’s fourth-largest lottery prize after rolling over for 34 consecutive drawings, since the last time someone won the top prize on July 19. That streak trails the record of 41 draws set in 2021 and 2022. The scarcity of Powerball jackpot winners reflects the Game ’s daunting odds of 1 in 292.2 million. Powerball is played in 45 states as well as Washington, D.C., Puerto Rico an...