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META Sep 2024 105.000 put

OPR - OPR Delayed price. Currency in USD
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0.01000.0000 (0.00%)
As of 10:34AM EDT. Market open.
Full screen
Previous close0.0100
Expiry date2024-09-20
Day's range0.0100 - 0.0100
Contract rangeN/A
Open interest65
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    Meta's Reality Labs division has bled $45B in just four years

    As anticipation builds around artificial intelligence ahead of Big Tech earnings, Meta Platforms (META) finds itself in the spotlight. The company's Reality Labs division, which specializes in augmented reality (AR), virtual reality (VR), and metaverse technologies, has lost nearly $45 billion since its inception in 2020. Yahoo Finance senior reporter Yasmin Khorram offers an in-depth analysis of Meta's Reality Labs unit, recounting testimonials from former employees and executives on the division's financial performance and overall lack of direction and vision from leadership. Meta is currently scheduled to report earnings next Wednesday, July 31. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Angel Smith

  • Yahoo Finance

    Meta's reality check: Inside the $45 billion cash burn at Reality Labs

    Meta's Reality Labs division has lost nearly $50 billion in the last five years. Yahoo Finance spoke to several former employees about what's happening inside Mark Zuckerberg's virtual world.