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Meta Platforms Inc. (META)

$615.68

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Key data on META

Market cap

$1.56T

EPS

23.49

P/E ratio

26.5

Price to sales

7.84

Dividend yield

0.341%

Beta

1.301493

Price on META

Previous close

$622.66

Today's open

$616.34

Day's range

$614.61 - $622.65

52 week range

$479.80 - $796.25

Profile about META

CEO

Mark Zuckerberg

Employees

74067

Headquarters

Menlo Park, CA

Exchange

Nasdaq Global Select

Shares outstanding

2.53B

Issue type

Common Stock

Popular stocks like META
META industries and sectors

Media

Interactive Multi-Media

News on META

Meta to cut back on third-party vendors in favor of AI for content enforcement

Meta is beginning the long rollout of more advanced AI systems to handle content enforcement-related tasks like catching scams and removing illegal media. The announcement means Meta will begin to shift away from third-party vendors and contractors that have historically handled basic content moderation.

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CNBC • 10 hours ago

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Meta backtracks on decision to end Horizon Worlds VR after fans speak up

Meta is now keeping Horizon Worlds available on its virtual reality headsets, after announcing a day earlier that it would be shut down. Meta CTO Andrew Bosworth said on Instagram on Wednesday that existing games will remain available "for the foerseeable future.

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CNBC • 7 hours ago

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Meta on trial over child safety: can it really protect its next generation of users?

New Mexico prosecutors allege Meta prioritized profit, even as child abuse surged on Instagram and Facebook

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The Guardian • 17 hours ago

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Why Meta's Latest AI Delay Might Actually Be a Good Thing for Investors

Investors seem to be overreacting a bit to the latest internal reports surrounding the delay of the latest AI model, codenamed Avocado, from Meta Platforms (NASDAQ:META | META Price Prediction).

news source

24/7 Wall Street • 12 hours ago

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Meta Platforms Slips: Shutting Down Its VR Metaverse While Doubling Down on AI

Meta Platforms (NASDAQ:META | META Price Prediction) stock slipped 2% in afternoon trading on Thursday, with META shares trading at $602 and change.

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24/7 Wall Street • 7 hours ago

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Meta decides not to shut down Horizon Worlds on VR after all

According to an Instagram post from Meta's CTO Andrew Bosworth, Meta is not shutting down VR support for Horizon Worlds after all, which should come as a huge relief to, like, five people.

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TechCrunch • 10 hours ago

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Meta rolls out new AI content enforcement systems while reducing reliance on third-party vendors

Meta on Thursday announced that it's starting to roll out more advanced AI systems to handle content enforcement as it plans to cut back on third-party vendors. Tasks related to content enforcement include catching and removing content about terrorism, child exploitation, drugs, fraud, and scams.

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TechCrunch • 8 hours ago

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1 Artificial Intelligence (AI) Stock You Could Hold Forever

Meta Platforms dominates social media, which has become a way of life for billions of people. Artificial intelligence is a game-changer for Meta's digital advertising business.

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The Motley Fool • 11 hours ago

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Meta Platforms Just Delivered Incredible News to This AI Data Center Company

Meta Platforms could end up with over $200 billion in capital expenditures between last year and this year's projections. Most of this is being spent to build data centers or rent computing capacity at data center companies.

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The Motley Fool • 6 hours ago

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Meta Phases Out Human Moderators as AI Detection Outpaces Teams

Meta said Thursday (March 19) that over the next few years, it will shift the content enforcement efforts on its apps from the current third-party vendors to the company's new artificial intelligence systems.

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PYMNTS • 4 hours ago

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