Meta Platforms Inc Class A logo

Meta Platforms Inc Class A (META)

Market Closed
16 Jun, 20:00
NASDAQ (NGS) NASDAQ (NGS)
$
600. 21
+6.73
+1.134%
$
1.44T Market Cap
29.59 P/E Ratio
0.01% Div Yield
11M Volume
14.35 Eps
$ 593.48
Previous Close
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Day Range
592 605.78
Year Range
520.26 796.25
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Mark Zuckerberg once suggested spinning out Instgram as a solution to its ‘cannibalization' of Facebook

Mark Zuckerberg once suggested spinning out Instgram as a solution to its ‘cannibalization' of Facebook

In an internal email surfaced as part of the Meta antitrust trial, Meta CEO Mark Zuckerberg fretted about the potential that the company's Instagram acquisition may cannibalize Facebook. Were that to happen, it could lead to the “network collapse of the more engaging and profitable product,” a worried Zuckerberg told other Meta executives in a confidential message.

Techcrunch | 1 year ago
Canadians Confront News Void on Facebook and Instagram as Election Nears

Canadians Confront News Void on Facebook and Instagram as Election Nears

After Meta blocked news from its platforms in Canada, hyperpartisan and misleading content from popular right-wing Facebook pages such as Canada Proud has filled the gap.

Nytimes | 1 year ago
Uncovered emails showed how Meta struggled to keep Facebook culturally relevant

Uncovered emails showed how Meta struggled to keep Facebook culturally relevant

With the first week of Meta's antitrust trial behind us, documents shared by the U.S Federal Trade Commission (FTC) offered more insight into Meta's internal struggles to keep Facebook relevant. In emails from 2022, Meta executives mulled different visions for Facebook's future to boost its success, acknowledging that its cultural relevance was decreasing.

Techcrunch | 1 year ago
Meta Stock Faces This Big Risk, Despite AI Ambitions

Meta Stock Faces This Big Risk, Despite AI Ambitions

Meta Platforms (META -0.22%) recently introduced its latest artificial intelligence (AI) models based on the new Llama 4 foundation model, as the company continues to advance its AI initiatives. Llama has significantly enhanced user engagement and increased the time users spend on its social media platforms, contributing to Meta's substantial growth in recent quarters.

Fool | 1 year ago
Prediction: These 2 Artificial Intelligence (AI) Giants Will Outperform Nvidia Over the Next 5 Years

Prediction: These 2 Artificial Intelligence (AI) Giants Will Outperform Nvidia Over the Next 5 Years

Nvidia (NVDA -3.01%) has been the star of the artificial intelligence (AI) boom over the last two-and-a-half years. Its GPUs are the cornerstone of every big data center project from the hyperscale cloud customers investing tens of billions of dollars in AI.

Fool | 1 year ago
Meta on Trial + Is A.I. a ‘Normal' Technology?

Meta on Trial + Is A.I. a ‘Normal' Technology?

“The market for social networks, or even what Meta is, is very different now than it was even a couple of years ago.”

Nytimes | 1 year ago
Meta Platforms Dips 14% in a Month: Buy, Sell or Hold the Stock?

Meta Platforms Dips 14% in a Month: Buy, Sell or Hold the Stock?

META's expanding AI prowess is driving user engagement. However, unfavorable forex and stretched valuation make the stock a risky bet.

Zacks | 1 year ago
Mark Zuckerberg says TikTok slowed Meta's growth

Mark Zuckerberg says TikTok slowed Meta's growth

In Meta's antitrust trial on Wednesday, Meta CEO Mark Zuckerberg testified that TikTok's success was a risk to Meta's business, saying the short-form video app was a “top priority” and a “highly urgent” competitive threat when it arrived in 2018, according to Bloomberg and other outlets.

Techcrunch | 1 year ago
Zuckerberg denies Meta bought rivals to conquer them

Zuckerberg denies Meta bought rivals to conquer them

Meta chief executive Mark Zuckerberg on Wednesday denied in court that his company bought rival services Instagram and WhatsApp to neutralize them, as his testimony in a landmark antitrust case came to a close.

Techxplore | 1 year ago
Meta: Momentum Building Up

Meta: Momentum Building Up

Meta Platforms is minimally impacted by US tariffs, with its core business in ad placements representing 98.8% of FY 2024 revenue. Two key risks are pressuring the stock: the ongoing FTC antitrust trial and the possibility of new EU levies on digital advertising revenue. I believe the chance of these risks being materialized is minimal. Certainly lower than what the market expects, as noted in the recent price action.

Seekingalpha | 1 year ago
Meta to start using Europeans' data for AI training May 27

Meta to start using Europeans' data for AI training May 27

Meta will start using public posts and comments by its European users to train generative artificial intelligence (AI) models from May 27, unless users opt out of the data-mining project.

Techxplore | 1 year ago
Meta: A Likely Downward Adjustment Of Capex Could Start A Bullish Rally

Meta: A Likely Downward Adjustment Of Capex Could Start A Bullish Rally

Meta Platforms stock has seen a big correction in the last few weeks as recession fears increase and Wall Street is concerned over Meta's massive capex. Meta could announce a downward adjustment from the earlier capex announcement of "$60 billion to $65 billion." Meta's new AI tools are improving the price per ad due to better conversion for advertisers.

Seekingalpha | 1 year ago
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