MARKET

META

META

Meta Platforms Inc
NASDAQ
511.90
-11.26
-2.15%
After Hours: 509.00 -2.9 -0.57% 18:18 04/12 EDT
OPEN
517.75
PREV CLOSE
523.16
HIGH
520.19
LOW
509.33
VOLUME
11.95M
TURNOVER
0
52 WEEK HIGH
531.49
52 WEEK LOW
206.91
MARKET CAP
1.31T
P/E (TTM)
34.42
1D
5D
1M
3M
1Y
5Y
UPDATE 1-Australian prosecutors drop billionaire Forrest's case against Meta
Australian prosecutors drop billionaire Andrew Forrest's case against Meta. Forrest accused the social media giant of running scam cryptocurrency ads on Facebook that feature his face. He said there was insufficient evidence to continue the prosecution. A separate civil lawsuit he has filed against Meta over the ads in California is ongoing.
Reuters · 17h ago
LIVE MARKETS-Why UBS says S&P 500 has the potential to reach 5,500 by year end
UBS says S&P 500 has the potential to reach 5,500 by year end Main U.S. Indexes red: Nasdaq off most, slides ~1.6%. UBS says U.s. Stocks are expected to remain buoyant. Solid earnings growth, likely interest rate cuts and surging investment in artificial intelligence.
Reuters · 5h ago
LinkedIn Challenges TikTok and Instagram, Launches Thought Leader Ads to Tap Into Influencer Marketing
Microsoft Corp’s LinkedIn is diving into influencer marketing. The company will allow advertisers to pay for amplifying posts from users with its Thought Leader ads. The move is part of LinkedIn's strategy to reinvigorate its revenue growth. Influencer marketing has been dominated by Instagram and TikTok.
Benzinga · 7h ago
US STOCKS-S&P 500, Dow set for weekly losses as banks, megacaps fall
US STOCKS-S&P 500, Dow set for weekly losses as banks, megacaps fall. JPMorgan Chase, Wells Fargo, Citigroup fall after dour quarterly earnings. The blue-chip Dow and the s&p 500 were on track for weekly loses. Most megacap growth stocks and chipmakers retreated.
Reuters · 7h ago
Meta: Still A Multi-Year Winner After This Rally
Meta Platforms, Inc. Has rallied sharply this year as fundamentals continue to exceed expectations. The company continues to add daily active users in the U.S. And has a head start in emerging technologies like the metaverse. The stock looks reasonably valued at a 26x P/E against this year's earnings estimates.
Seeking Alpha · 7h ago
5 ETFs Leading the Tech Rebound: Will the Rally Continue?
NASDAQ · 8h ago
Market Clubhouse Morning Memo - April 12th, 2024 (Trade Strategy For SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META, And TSLA)
In today's Market Clubhouse Morning Memo, we will discuss SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META, and TSLA. The SPY is currently positioned around the level of 515.68. We will also look at the stock analysis for Apple, Microsoft, and others.
Benzinga · 8h ago
JP Morgan Kicks Off Earnings Season, Intel And AMD China Problem, Potential Iranian Attack
JP Morgan Chase & Co (NYSE:JPM) has kicked off earnings season. The momo crowd is buying stocks in the early trade. Smart money is buying gold futures on reports of a potential Iranian attack on Israel. JPMorgan reported better than consensus but whisper numbers have been jacked up. Do not trust estimates from Wall Street analysts.
Benzinga · 8h ago
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About META
Meta Platforms, Inc. builds technology that helps people connect and share, find communities, and grow businesses. The Company’s products enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality (VR) and mixed reality (MR) headsets, and wearables. It operates through two segments: Family of Apps (FoA) and Reality Labs (RL). The FoA segment includes Facebook, Instagram, Messenger, Threads and WhatsApp. The RL includes augmented, mixed and virtual reality related consumer hardware, software, and content. Instagram is a place where people and creators can connect and express themselves through photos, video, and private messaging, and discover and shop from their favorite businesses. Threads is an application for text-based updates and public conversations. Its RL product offerings in VR include Meta Quest devices, and software and content available through the Meta Quest Store, which enable a range of social experiences.

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