Meta Platforms, Inc. (FB)
|Net Income (ttm)||40.30B|
|Day's Range||297.58 - 306.23|
|52-Week Range||253.50 - 384.33|
|Price Target||401.59 (+33.8%)|
|Earnings Date||Feb 2, 2022|
Meta Platforms, Inc. develops products that enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality headsets, and in-home devices worldwide. It operates in two segments, Family of Apps and Facebook Reality Labs. The Family of Apps segment's products include Facebook, which enables people to connect, share, discover, and communicate with each other on mobile devices and personal computers; Instagram, a community for sharing photos, videos, and private messages; Messenger, a messaging... [Read more...]
Financial PerformanceFinancial Statements
According to 52 analysts, the average rating for Meta Platforms stock is "Buy." The 12-month stock price forecast is 401.59, which is an increase of 33.80% from the latest price.
Meta CEO Mark Zuckerberg is seeing the demise of his cryptocurrency project due to regulatory pressures, Bloomberg reported Tuesday (Jan. 25). The Diem Association, which used to be known as Libra and w...
Stephanie Link sells Amazon, adds to Meta and Apple
Stephanie Link, chief strategist and portfolio manager at Hightower, joins the 'Halftime Report' to discuss recent trades.
The tech giant's shares have fallen more than 10% so far this year. Is this a buying opportunity?
Rick Kelley has a unique window on gaming trends as vice president of global gaming at Meta/Facebook. He tells us what to expect in 2022.
Meta has unveiled the AI Research SuperCluster (RSC), a supercomputer that the social media giant says will — by mid-year — be the fastest on earth, and that is designed to help the company enter the me...
Meta Platforms Inc. ( FB , Financial), the company that was known as Facebook until its recent rebranding in light of a new focus on the metaverse, introduced its AI Research SuperCluster (RSC) yesterda...
Look for stocks with strong cash flows and reasonable multiples, says Bernstein's Sacconaghi
Toni Sacconaghi, senior research analyst at Bernstein, joins CNBC's 'Squawk Box' to lay out tech stocks to watch amid the recent sell-off of Nasdaq names.
MENLO PARK, Calif., Jan. 24, 2022 /PRNewswire/ -- Following Meta Platforms, Inc. (NASDAQ: FB) October 2021 announcement that we would implement a new financial reporting structure, we are sharing additi...
Facebook founder's planned metaverse, blending reality with digital experiences, will require enormous computing power
Facebook parent Meta said on Monday that its research team has built a new artificial intelligence supercomputer that it thinks will be the fastest in the world when completed in mid-2022.
Meta claims that once it is fully functional, this will be the fastest operating supercomputer in the world.
Facebook has long bet that artificial intelligence can help it with the difficult task of moderating posts from its billions of users. Now its parent company is taking a step that could move it closer t...
Meta Platforms Inc (NASDAQ: FB) touts its AI Research SuperCluster (RSC), among the fastest AI supercomputers running today and will be the fastest in the world once fully built out in mid-2022. Severa...
The company's RSC has comparable horsepower to the world's fifth fastest general-purpose supercomputer.
There's a global competition to build the biggest, most powerful computers on the planet, and Meta (AKA Facebook) is about to jump into the melee with the “AI Research SuperCluster,” or RSC. Once fully ...
Tech stocks are tumbling, but investors should keep a long-term perspective.
Facebook parent Meta Platforms Inc introduced its new AI Research SuperCluster (RSC) on Monday, which the company believes will be the fastest AI supercomputer in the world.
Instagram has announced subscription services to some of its users.
Cloud security firm Lacework has hired Arash Nikkar, formerly VP of engineering at Facebook, to drive development of its ML-powered platform.
These companies don't have to wait on the metaverse to rake in big bucks.
Meta and Amazon each spent considerably more on lobbying in 2021 than fellow Big Tech giants Apple and Google.
Meta's metaverse-building plans still face some near-term growing pains.