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Daniel Howley. February 2, 2024 at 4:25 PM. Meta Platforms' ( META) stock rocketed higher on Friday, climbing more than 20% after the company posted better-than-expected earnings and guidance and ...
Another highlight from Thursday’s report was a 2% year-over-year jump in Meta’s average price per ad in the December quarter, a key indicator of the company’s core advertising business.
The Meta as a "cheap" stock narrative is also supported by a peek at valuation versus recent historical norms. Meta's current forward price-to-earnings multiple is relatively in line with its ...
Reality Labs lost $4.6 billion in the quarter, and more than $16 billion in 2023. Meta CFO Susan Li said that these losses are expected to “increase meaningfully year-over-year due to our ...
August 1, 2024 at 1:22 PM. The stock of Meta Platforms (NASDAQ: META) is making big gains today following its recent quarterly report. The company's share price was up 6.1% as of 12:30 p.m. ET on ...
Those gains combined with Meta’s aggressive cuts and its promise of an efficient 2023 drove stock prices up around 15% in trading after-hours. Meta took a notable beating in 2022’s market ...
Meta did not disclose just how many people are actually using Quest headsets on a daily basis. “Building the metaverse is a long-term project, but the rationale for it remains the same, and we ...
In November, Meta expanded researchers’ access to data through a transparency product called the Meta Content Library, which made already available data like public posts, comments and reactions ...