Meta Platforms META Stock Price, News & Info The Motley Fool

The “Omniverse brings together Nvidia’s expertise in AI [artificial fount metaverse etf intelligence], simulation, graphics, and computing infrastructure,” CEO Jensen Huang said last month in the company’s release of its stellar fiscal third-quarter results. Meta reported a $4.4 billion loss in that division, which is responsible for its hardware like its Quest VR headsets, AI infrastructure, and metaverse software. Reality Labs brought in just $270 million in revenue in the quarter, showing that the division is almost entirely a drain on the overall business with revenue that’s essentially a rounding error for the overall business.

Oprah just favorited Meta’s Ray-Ban glasses in the latest sign the product is taking off

Meta was the S&P 500’s second-best performer of 2023, returning almost 200%. Its gains came during a broad rally for big tech stocks, and the tech-heavy Nasdaq index rose more than 40% last year. Zuckerberg, who owns about 13% of the company, grew much richer as Meta stock soared. His $134 billion net https://www.xcritical.com/ worth Friday, as estimated by Forbes, is the fifth-largest fortune in the world.

S&P 500 Records Worst Session In Over A Month, Meta And Microsoft Tumble: Greed Index Moves To ‘Fear’ Zone

The battle for who will win the metaverse is just heating up, and Big Tech isn’t about to sit on the sidelines. Threads, Meta’s rival to Elon Musk’s X app, now has nearly 275 million monthly users, CEO Mark Zuckerberg said Wednesday. The latest numbers indicate Threads is up 175% from a year ago when it reached…

Apple dials back the Vision Pro

According to 44 analysts, the average rating for META stock is “Strong Buy.” The 12-month stock price forecast is $632.69, which is an increase of 12.24% from the latest price. This company is taking a long-term approach to investing in the future of artificial intelligence. Millions of people use the company’s social networking website every day to keep up with friends, upload photos, and share links.

The company announced it will increase capital expenditures significantly in 2025.

“That’s a boost for companies with cloud and data center exposure.” Stocks that fit that bill, Colello says, include AMD (AMD, $132) and Arista Networks (ANET, $127). Last week, Meta Platforms took its first leap into the metaverse via its public launch of Horizon Worlds to adults in the U.S. and Canada. Horizon Worlds is a free social VR platform in which users equipped with the company’s Oculus Quest 2 VR headsets can interact. Content delivery network (CDN) Cloudflare (NET -0.67%) is designed with speed in mind. The company claims its network can deliver content in 50 milliseconds or less to 95% of the world’s population.

But there are plenty of companies that are investing in the metaverse, building hardware that will serve as an on-ramp to the metaverse and making products that will support its infrastructure. That’s where analysts and money managers see the most compelling opportunities—at least for now. The metaverse is defined as a digital, three-dimensional world that’s immersive and accessible in real time by an unlimited number of people, allowing for social interactions, commerce, and more. However, various tech companies are trying to bring the entirety of the vision to life. Indeed, previously, “metaverse” was a “barely used word on the Street,” Daniel Ives, managing director and senior equity analyst focused on tech at Wedbush Securities, tells Fortune.

In recent months, however, “it’s become one of the hottest themes from a Wall Street perspective. Every investor is trying to figure out how to play it.”The metaverse as a concept is nothing new, having been coined in Neal Stephenson’s novel Snow Crash in the early 1990s. But its rise in tech titans’ ambitions and the explosion of interest from consumers and companies alike have garnered serious investor attention. At the moment, the number of “pure plays” on the metaverse are fairly limited for an equity investor. “It’s very early days, and I think many investors are tiptoeing into how to invest in the metaverse,” offers Ives, though he doesn’t think this is all just hype. The metaverse push proved highly unpopular among investors, as the company’s augmented and virtual division reported $13.7 billion of operating losses in 2022.

Leading AI company OpenAI partnered with Microsoft because its cloud-computing product Azure provides the necessary power and storage to scale AI applications to a massive audience. Therefore, its AI trailblazing and its powerful cloud-computing product could make Microsoft a metaverse beneficiary. Patience is key here, because the metaverse could take a decade or more to develop. The metaverse is still in its early stages, so it’s not too late to invest in metaverse stocks. Let’s look at ways to invest in this exciting space and some of the companies that are positioned to profit from the trend. Meta Platforms (META -0.87%) stock pulled back after its earnings report Wednesday night.

• Those trends could also bode well for Lam Research (LRCX, $679), an equipment supplier that makes gear companies use to produce semiconductors.
• However, despite the proliferation of Meta’s AI tools, the losses from Reality Labs are only growing, and the company expects them to continue to grow in 2025 as well.
• Learn how you can make money from the wave of seasoned companies innovating in AI and new AI tech companies.
• Of course, Arweave isn’t the only decentralized project thinking about data storage.
• Meta Platforms (META -0.87%) stock pulled back after its earnings report Wednesday night.

WALTHAM, Mass.–(BUSINESS WIRE)–GelSight & Meta AI announced Digit 360, an artificial fingertip-shaped tactile sensor that delivers rich and detailed tactile data by digitizing touch. The CNN Money Fear and Greed index showed a decline in the overall market sentiment, while the index moved to the “Fear” zone on Thursday. The Investment Committee give you their top stocks to watch for the second half.

Maybe you can’t decide which metaverse stock to buy, or maybe you want broader exposure than a single stock. One option is the Roundhill Ball Metaverse ETF (METV -0.63%), which includes all five of the stocks already listed here plus dozens more, providing instant diversification for shareholders. Roblox (RBLX -1.61%) is already a go-to virtual world that could be an early-stage version of a metaverse platform. Musicians such as Mariah Carey and celebrities such as Paris Hilton have already hosted live events on Roblox’s platform, perhaps signaling that these are gaining mainstream appeal.

The metaverse, which is essentially a melding of the physical and virtual worlds, is widely viewed as the next evolution of the internet. Market size projections for the metaverse vary widely, so suffice it to say this space is poised to be massive. Software as a service has been a growth driver in the tech industry.

Gil Luria, DA Davidson managing director, joins CNBC’s ‘Money Movers’ to discuss his buy rating on Meta, expectations for how AI will impact earnings, and more. U.S. stocks traded lower midway through trading, with the Dow Jones index more than 300 points on Thursday. Tech giants are pouring unprecedented resources into artificial intelligence (AI) infrastructure as Meta plans up to $40 billion in 2024 spending and AMD rides the wave to record $6.8 billion in reven… Revenue rose 19% to $40.6 billion, which topped the consensus at $40.29 billion, and earnings per share jumped 37%, helped by a lower tax rate, to $6.03, beating expectations at $5.25.

Theta’s CDN idea is also patented, mitigating the competitive risk from other decentralized solutions. Yes, unlike stocks, ETFs are subject to ongoing fees, and these two ETFs are no exception. Therefore, investors need to be sure they know how to invest in ETFs before buying shares.

Meta’s growing money pit is notable because a key rival has essentially thrown in the towel on its own version of Reality Labs. Zuckerberg has called out Apple (AAPL -0.75%) as its primary rival in its attempt to own the next computing platform, as Zuckerberg said a couple of years ago. Meta will report fourth-quarter and full-year financial results February 1. Analysts expect Meta to report its most profitable year ever with a record $72.6 billion of projected EBITDA (earnings before interest, taxes, depreciation and amortization), according to FactSet. This ETF only began trading on June 30, 2021, so it’s too soon to make any judgments about its performance. This performance lags that of the broader market, as the S&P 500 index has returned 9.5% and the tech-heavy Nasdaq Composite has gained 4.7% over this period.

But, as previously noted, the metaverse will have other needs, and Cloudflare can address some of these as well. For example, the company already offers cybersecurity solutions, blocking 136 billion daily threats. And, in 2021, it launched a data storage product that may help to meet the metaverse’s outsized data storage needs. Meta Platforms (META) shares move into negative territory on Thursday as investors weigh artificial intelligence (AI) spending concerns with the company’s third quarter earnings beat. Meta’s Q earnings beat EPS and revenue estimates, yet shares dropped ~3% in after-hours trading. Driven by AI advancements and better ad performance, Meta reported 20% revenue growth in constant…

For the metaverse to work, with its headsets and data centers and platforms, “you’re going to need to do fast compute, [and] you’re going to need the memory for that,” Crawford says. All that high compute processing “usually has a large amount of memory and DRAM, dynamic RAM, as well as something called flash memory for storage,” notes Pramanick. Micron trades at a modest forward P/E of under 11, and the Street expects the company can grow sales by 16% in the fiscal year ending August 2022. Founded in 1993, The Motley Fool is a financial services company dedicated to making the world smarter, happier, and richer.

The Motley Fool reaches millions of people every month through our premium investing solutions, free guidance and market analysis on Fool.com, top-rated podcasts, and non-profit The Motley Fool Foundation. AllianceBernstein’s Tierney also notes their cloud business Azure should benefit over time if the metaverse takes off. Meanwhile Matterport (MTTR, $13), a spatial data company that renders 3D versions of real-life buildings, could be another play on the metaverse. Those trends could also bode well for Lam Research (LRCX, $679), an equipment supplier that makes gear companies use to produce semiconductors. That is, the computer gaming and tech giant provides the tools other companies need to create their own metaverses. Most notable among these tools is its recently launched Omniverse platform.