Meta Platforms, Inc. - Class A Common Stock (META)
619.56
+13.85 (2.29%)
Meta Platforms Inc is a technology company that focuses on building and connecting social media platforms and virtual experiences
It is best known for its flagship products, which include Facebook, Instagram, and WhatsApp, providing users with a space to communicate, share content, and engage with diverse communities. The company is also heavily invested in the development of augmented reality and virtual reality technologies, aiming to create immersive environments and enhance social interaction in the metaverse. Through its various platforms and initiatives, Meta seeks to empower individuals and businesses while fostering new ways for people to connect and collaborate.
Traditional nuclear power providers also registered gains on the news. Constellation Energy Corporation shares climbed nearly 5%, while Vistra’s stock jumped more than 10%.
Billionaire fund managers Chase Coleman, Stephen Mandel, and Terry Smith share one common trait: a love affair with with an industry-leading artificial intelligence (AI) stock.
In a bid to regain his $56 billion compensation, Elon Musk filed an appeal challenging a lower court's decision to overturn the record payout from Tesla Inc. (NASDAQTSLA). Musk contends that the judge committed several legal errors in the ruling.
Bluesky CEO Jay Graber sparked online speculation at SXSW by wearing a T-shirt that read "A world without Caesars," a possible subtle jab at Meta's Mark Zuckerberg and his penchant for Roman-themed slogans, reinforcing Bluesky's decentralized stance against Big Tech dominance.
As Apple reportedly reconsiders its AR glasses strategy, Google is moving forward with a $115 million acquisition of eye-tracking startup AdHawk to bolster its next-gen smart glasses efforts.
While Nvidia has been the undisputed winner in the AI boom, the market is shifting its focus beyond chipmakers to companies integrating AI into their business models.
