Meta Platforms, Inc.·Communication Services

Meta Platforms (META) is currently trading at approximately $600 per share, which corresponds to a market capitalization of $1.5 trillion and a trailing price-to-earnings ratio of about 22. This multiple is below both the three-year average of 25 and the three-year peak of 33.

Artificial intelligence has become the new arms race for Big Tech, but the battle is no longer just about who has the smartest chatbot.

Alphabet's Google, Meta Platforms and TikTok were hit with complaints from EU consumer groups on Thursday for allegedly failing to protect users from financial scams on their platforms.

Meta Platforms is an absolute bargain.

Manus co-founders are exploring options to fulfill Beijing's demand to unwind a controversial takeover by Meta , including raising about $1 billion from external investors to buy back the Chinese-founded AI operation, Bloomberg News reported on Thursday.

These Magnificent Seven stocks are the cheapest of the bunch.
Meta Platforms, Inc. engages in the development of products that enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality headsets, and wearables worldwide. It operates in two segments, Family of Apps and Reality Labs. The Family of Apps segment offers Facebook, which enables people to share, discuss, discover, and connect with interests; Instagram, a community for sharing photos, videos, and private messages, as well as feed, stories, reels, video, live, and shops; Messenger, a messaging application for people to connect with friends, family, communities, and businesses across platforms and devices through text, audio, and video calls; and WhatsApp, a messaging application that is used by people and businesses to communicate and transact privately. The Reality Labs segment provides augmented and virtual reality related products comprising consumer hardware, software, and content that help people feel connected, anytime, and anywhere. The company was formerly known as Facebook, Inc. and changed its name to Meta Platforms, Inc. in October 2021. Meta Platforms, Inc. was incorporated in 2004 and is headquartered in Menlo Park, California.
Communication Services
Internet Content & Information
76,834
2012-05-18
1.24