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Shares of Meta Platforms (NASDAQ: META) rose today as the social media giant benefited from a cooler-than-expected inflation report, the company's announcement yesterday that it would lay off 5% ...
Why the stock could move even higher. Meta stock is arguably getting pricey at a price-to-earnings ratio of 29, but the company consistently beat earnings estimates in recent quarters, and it has ...
With the S&P 500 index notching a new all-time high, ... This highly successful business model allowed Meta's stock to reach new heights. In the second quarter of 2024, Meta's advertising segment ...
Meta stock traded at a new all-time intraday high Thursday, following a developer event that put its artificial intelligence ambitions on display. Shares rose as high as $577 after market open ...
Meta shares rose 1.5% to $117 in pre-market trading. The stock has crashed about 65% year to date, making the worst-performing component of the closely tracked FAANG (Meta/Facebook, Apple, Amazon ...
Let's look at the reasons why. Meta Platforms looks like an enticing buy right now. Even though Meta stock has gained impressively in the past year, it is trading at 29.8 times earnings.
Meta stock has rallied 7.5% since the company's Aug. 1 earnings report, according to Yahoo Finance data. Shares are still off by 4% in the past month as sentiment has soured on the Magnificent ...
For Meta this year, the road ahead will focus on better execution with fewer employees, and maybe a higher stock price, argues RBC analyst Brad Erickson."We think they are making improvements in ...
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