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Meta Platforms, Inc.

$621 +2.36% day

The owner of Facebook, Instagram and WhatsApp, which earns nearly all its revenue selling ads to reach more than three billion daily users. Its spending on AI data centres is among the heaviest in the industry.

Nov 3 · $621.03 · −16.3% vs the window’s open

Yahoo Finance · NMS · daily
the numbers22
whenvaluechange
Oct 5$741.90
Oct 6$738.88−0.4%
Oct 7$721.31−2.4%
Oct 8$720.89−0.1%
Oct 9$718.67−0.3%
Oct 12$742.96+3.4%
Oct 13high$762.50+2.6%
Oct 14$737.54−3.3%
Oct 15$736.72−0.1%
Oct 16$709.33−3.7%
Oct 19$705.44−0.5%
Oct 20$694.25−1.6%
Oct 21$697.52+0.5%
Oct 22$648.85−7.0%
Oct 23$642.62−1.0%
Oct 26$630.56−1.9%
Oct 27$620.19−1.6%
Oct 28$612.49−1.2%
Oct 29$624.52+2.0%
Oct 30$614.99−1.5%
Nov 2low$606.73−1.3%
Nov 3latest$621.03+2.4%

Lately

Meta was told to pay New Mexico $25bn for misleading consumers, then reported a quarter that ended $2.12 billion cash-negative on AI spending. It followed with a $95 billion stock sale, its largest ever, in new nonvoting shares that Wall Street sees as an overhang, and is now readying a cross-border bond sale to fund the same build-out.

  1. Meta Raises $95bn Equity
  2. Meta Burns Cash on AI
  3. Meta Tests AI Bond Market

Mentioned in · 14

  1. AMD Forecast Beats Estimates Reuters
  2. Meta Suspends No Kings Instagram Ars Technica
  3. Meta Tests AI Bond Market Bloomberg Business
  4. Meta Builds Humanoid in China Zhidx
  5. Senators Press Meta on Glasses 404 Media
  6. Meta AI Training Opt-Out 404 Media
  7. Meta Bans Accounts Unexplained netzpolitik.org
  8. US Lawmakers Press Meta Agência Pública
  9. Meta Raises $95bn Equity The Guardian
  10. Meta Burns Cash on AI TMTPost
  11. Lula Accuses Meta of Bias New Scientist
  12. Parties Reprimanded Over Microtargeting netzpolitik.org
  13. Meta Creates Nonvoting Shares Aol
  14. Meta Cash Flow Turns Negative TMTPost