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Meta Platforms Stock: 3 Reasons to Sell, 3 Reasons to Buy

Meta Platforms Stock: 3 Reasons to Sell, 3 Reasons to Buy
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China , Chinese , Meta-instagram , Bytedance-tiktok , Susan-li , Pinterest , Facebook , Google , Instagram , Meta-platform , Reality-labs ,

Making sense of the markets this week: April 28, 2024

Google to the moon, Meta, IBM, and Canadian railway stocks are down, automakers have a good earnings day, Verizon and AT&T look to be in better shape than BCE.

Canada , Germany , Yemen , Vancouver , British-columbia , German , Canadian , Meta-facebook , Ibm , Google , Canadian-national-railway , Microsoft

Facebook Has Lost $1 Billion Every Month On VR Since June 2022

Facebook keeps beating its head against the VR wall, despite losing an eyewatering amount of money year on year since wading into the space.

Facebook , Msnbc , Reality-labs ,

Meta is losing a billion dollars on VR and AR every single month.

GamesIndustry.biz did the math to put it in perspective: Zuck’s Reality Labs has burned a billion dollars every month since June 2022, and plans to spend even more: “We continue to expect operating losses to increase meaningfully year-over-year,” CFO Susan Li said on the Q1 earnings call. Meta is plenty profitable overall, though: it raked in $12 billion last quarter alone.

Susan-li , Reality-labs ,

Meta Loses Billions Of Dollars In Quest To Lead AR-VR Market

Meta Loses Billions Of Dollars In Quest To Lead AR-VR Market
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New-delhi , Delhi , India , Susan-li , Facebook , Counterpoint-research , Mark-zuckerberg-run , Reality-labs , Extended-reality ,

Meta loses billions of dollars in quest to lead AR-VR market

As Meta (formerly Facebook) continues to bet big on gaming, it has lost close to $4 billion on its AR-VR division.

New-delhi , Delhi , India , Susan-li , Counterpoint-research , Facebook , Mark-zuckerberg-run , Reality-labs , Extended-reality ,

Financial Analysis: Global Mofy Metaverse (NASDAQ:GMM) vs. Meta Platforms (NASDAQ:META)

Financial Analysis: Global Mofy Metaverse (NASDAQ:GMM) vs. Meta Platforms (NASDAQ:META)
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California , United-states , Beijing , China , Menlo-park , Mofy-metaverse , Mofy-lab , Instagram , Facebook-inc , Meta-platforms-inc , Global-mofy-metaverse , Facebook

Meta Platforms Stock Just Plunged. Should You Buy the Dip or Run for Cover?

Shares of Meta fell 15% on its earnings report in spite of strong results.

Mark-zuckerberg , Nvidia , Reality-labs , Meta-platforms , Motley-fool-stock-advisor , Stock-advisorservice , Eality-labs , Apital-expenditure ,

Mark Zuckerberg's Metaverse Ambitions Persist Despite Billions in Losses for Meta

Mark Zuckerberg's Meta, the company formerly known as Facebook, continues to invest heavily in his Metaverse vision, even as its Reality Labs division reports significant financial losses, including an astounding $3.8 billion loss in the first quarter of 2024.

David-paul-morris-bloomberg , Mark-zuckerberg , Mark-zuckerberg-meta , Facebook , Reality-labs , David-paul , Masters-of-the-universe , Meta , Metaverse ,

Mark Zuckerberg's net worth plummets by more than $18 billion in Meta stock drop

Meta shares plunged on Thursday, bringing down Mark Zuckerberg’s net worth, after the CEO told Wall Street about the many ways his company is losing money.

Philadelphia , Pennsylvania , United-states , Mark-zuckerberg , Reality-labs , News ,