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Meta's spending is now focused where investors want

The Reality Labs division in charge of realizing Zuckerberg’s metaverse vision is expected to have “meaningfully” greater losses this year than it did last year, the company has said.

Meta's Spending Is Now Focused Where Investors Want

(Bloomberg) -- Meta Platforms Inc. finally seems to be spending its time and money on things that investors like.Most Read from BloombergCitadel Vets 69,000 Intern Applicants to Find Next Math GeniusesPutin Agrees to Visit China in First Trip Since Arrest WarrantWhat to Do With a 45-Story Skyscraper and No TenantsS&P 500 Climbs 1% as Traders Dial Back Fed Wagers: Markets WrapUS Court Paves Way for Spot Bitcoin ETF in Grayscale RulingAfter an unpopular pivot to Chief Executive Officer Mark Zucker

Meta's spending is now focused where investors want

While shares are up 141 per cent this year, the tech rally has cooled this month

Rational Dynamic Brands Fund (HSUTX) Awarded 5-star Morningstar Rating