|Day's range||206.00 - 206.00|
Meta debuted its Quest 3 headset just days before Apple is expected to launch its own AR/VR headset.
New version of headset is slimmer and faster, Meta says – just as Apple rumoured to launch its own competitor
NEW YORK (Reuters) -Meta Platforms CEO Mark Zuckerberg on Thursday revealed the company's next generation mixed reality headset, the Quest 3, as it braces for Apple to potentially reshape a nascent market that Meta has dominated so far. Priced starting at $499, the device will be 40% thinner than the company's previous headset and feature color mixed reality, which combines augmented and virtual reality (AR/VR) elements, Zuckerberg said in an Instagram post. Meta also said it would lower the prices of its existing Quest 2 headsets, while adding performance upgrades aimed at delivering a smoother user experience.
Don't jump to conclusions just because the metaverse isn't quite the priority it used to be for Facebook parent Meta.
The New York Times Company (NYT) expects second-quarter 2023 subscription revenues to increase about 6-8%.
Today, only five companies have market capitalizations above the $1 trillion market -- Apple, Microsoft, Saudi Aramco, Alphabet, and Amazon. If you're looking for worthwhile investment opportunities in mega-cap companies with promising AI opportunities, read on to see why Taiwan Semiconductor Manufacturing (NYSE: TSM) and Meta Platforms (NASDAQ: META) both have strong odds of crossing the $1 trillion-valuation threshold by 2030. Keith Noonan: Taiwan Semiconductor Manufacturing, also known as "TSMC," is a pure-play chip fabrication business.
A Russian court on Thursday fined messenger service WhatsApp three million roubles ($37,080) for not deleting banned content, its first fine in Russia for that offence. WhatsApp's parent company Meta Platforms Inc was branded an "extremist" organisation by Moscow last year, but the messenger app - which is widely popular in Russia - has not previously faced penalties for failing to remove prohibited information. Other Meta services, Facebook and Instagram - now banned in Russia - have been fined over content, as have the likes of Twitter and Alphabet's Google.
Along with Nvidia (NVDA), Meta Platforms (META) currently stands out among the rare list of stocks to have hit a trillion-dollar market cap on U.S. stock exchanges.
Facebook parent Meta Platforms said on Wednesday it would remove news content in its home state of California if the state government passed legislation forcing tech companies to pay publishers. The proposed California Journalism Preservation Act would require "online platforms" to pay a "journalism usage fee" to news providers whose work appears on their services, aimed at reversing a decline in the local news sector. In a tweeted statement, Meta spokesman Andy Stone called the payment structure a "slush fund" and said the bill would primarily benefit "big, out-of-state media companies under the guise of aiding California publishers."
Based on the average brokerage recommendation (ABR), Meta Platforms (META) should be added to one's portfolio. Wall Street analysts' overly optimistic recommendations cast doubt on the effectiveness of this highly sought-after metric. So, is the stock worth buying?
All Nippon Airways has launched an NFT marketplace, making Japan's largest carrier the first airline group to venture into the sale of digital collectibles.
Share repurchase programs are very popular with investors -- especially one of the world's best.
Nvidia shares have skyrocketed this year, up more than 175% since the start of 2023. It's all thanks to the rise of generative AI. Really powerful chips called graphics processing units (GPUs) are needed to power these new AI systems. These are the kinds of GPUs Nvidia makes. Despite it's rise, Nvidia does have its detractors. ARK Invest's (ARKK) Cathie Wood explained why her firm sold their Nvidia shares back in January, saying the stock was overpriced. Nvidia's strong performance has sent the its stock not just to new highs, but granted it entry to an exclusive club: the stocks that have a market cap of $1 trillion plus. Nvidia (NVDA) joins such tech giants as Apple (AAPL), Alphabet (GOOGL), Microsoft (MSFT), Amazon (AMZN) in the club. Apple was the first member, surpassing the $1 trillion mark in August 2018. Former members of the club include Meta (META) and Tesla (TSLA), which now have market caps of $600 billion+. Yahoo Finance's Brad Smith tells Seana Smith and Akiko Fujita how it took Nvidia about 24 years to become a $1 trillion company and how that compares to other members' rise. Key video moments: 00:00:20 $1 Trillion club members 00:00:44 How Nvidia compares to other $1T members 00:01:35 How AI boosted Nvidia shares
Ericsson (ERIC) partnered with MediaTek to demonstrate a record 5G upload speed of 440 Mbps leveraging RAN Compute Baseband 6648 and a mobile device equipped with MediaTek 5G smartphone chipset.
Nokia (NOK) introduces new 4G and 5G core network software solutions tailored to the needs of mission-critical operations.
Artificial intelligence (AI) is hot right now. My prediction is that six AI stocks will be worth a combined $20 trillion or more by 2030. It's no coincidence that 6 out of the 7 biggest stocks based on market cap that trade on U.S. exchanges have a major focus on AI.
Nvidia debuted a host of new AI technologies on Monday, as the chip giant's stock price soared on a positive second quarter outlook.
Today we're going to take a look at the well-established Meta Platforms, Inc. ( NASDAQ:META ). The company's stock...
Firms ‘should contribute to refunds’ as two-thirds of online scams now originate in Facebook and Instagram
The Meta Pixel tool passed on intimate details including medical conditions, appointments and treatments to the tech giant.
Some of these companies would have to blow expectations out of the water to achieve a $1 trillion market cap.
Investors believe AI is the latest tech revolution. Millennial workers are worried this will mean less pay for the same work.
Most investors likely recognize Meta Platforms (NASDAQ: META) as the social media titan that reaches more than 3.8 billion people monthly through Facebook, Messenger, Instagram, and WhatsApp. Meta is still a divisive stock.