Meta Platforms, Inc.

US30303M1027

Internet Services

Market Closed - Nasdaq Other stock markets 08:00:00 05/12/25 am AEDT			Pre-market 11:59:01 am
661.53 ^USD	+3.43%		663.50	+0.30%

10:07am	Tech Up Amid Mixed AI Earnings Reports -- Tech Roundup	DJ
05/12	Apple Names Meta Alum Jennifer Newstead as General Counsel, Senior VP	MT

BNP Paribas Exane Adjusts PT on Meta Platforms to $658 From $587, Maintains Underperform Rating

Published on 08/01/2025 at 09:09 pm AEST

MT Newswires

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Latest news about Meta Platforms, Inc.

10:07am	Tech Up Amid Mixed AI Earnings Reports -- Tech Roundup	DJ
05/12	Apple Names Meta Alum Jennifer Newstead as General Counsel, Senior VP	MT
05/12	Apple appoints Meta's Newstead as general counsel amid executive changes	RE
05/12	US Equity Indexes Mixed Following Divergent Labor Market Data	MT
05/12	Meta's Metaverse Cuts Not Surprising: EMARKETER's Smiley	MT
05/12	REUTERS NEXT - SAP CEO urges Europe to unite and ease AI rules to stay competitive	RE
05/12	Indexes end near flat, supported by Fed hopes but dragged by Amazon	RE
05/12	Sector Update: Tech Stocks Edge Higher Late Afternoon	MT
05/12	Meta Plans Big Cuts to Its Metaverse Efforts	MT
05/12	Sector Update: Tech Stocks Rise in Afternoon Trading	MT
05/12	META : Gets a Buy rating from JP Morgan	ZD
05/12	US Equity Indexes Mixed as Investors Weigh Contrast in Jobs Reports	MT
05/12	Top Midday Stories: Meta Discussing 30% Budget Cut for Metaverse; Netflix Emerges as Leading Bidder for Warner Bros. Discovery	MT
05/12	Russia blocks Snapchat, RIA reports	RE
05/12	Meta stock rises on rumors of cuts to metaverse investments
05/12	Meta Rises on Bloomberg Report of Metaverse Cuts	DJ
05/12	Mark Zuckerberg Looks to Cut Metaverse Budget Up to 30%, Sources Tell Bloomberg	DJ
05/12	Voltalia Plans Data Center Developments in Brazil with Backing from ByteDance, Brookfield	MT
05/12	EU Opens Antitrust Probe Into Meta Over WhatsApp AI Policy, Mulls Interim Measures -- 2nd Update	DJ
05/12	Meta Platforms' Zuckerberg Plans Up to 30% Cuts for Metaverse Build	MT
05/12	Meta Platforms' Zuckerberg Plans Up to 30% Cuts for Metaverse Build	MT
05/12	Voltalia would like to build data centers in Brazil.
05/12	Meta to cut up to 30% of metaverse budget, Bloomberg News reports	RE
05/12	Meta Platforms Mark Zuckerberg expected to meaningfully cut resources for building Metaverse - Bloomberg News	RE
05/12	Meta Platforms' Zuckerberg Plans Up to 30% Cuts for Metaverse Build, Bloomberg Reports	MT

Meta Platforms, Inc. specializes in online social networking services. Net sales break down by activity as follows: - operation of social networking, messaging, photo and video sharing platforms (98.7%): operation of the Facebook, Instagram, Messenger, Threads and WhatsApp platforms (3.35 billion daily active users in 2024); - sale of virtual and augmented reality products, software and devices (1.3%): virtual reality headsets (Meta Quest), connected screens (Facebook Portal), wearable devices, etc. Net sales break down by source of income into advertising spaces (97.6%) and other (2.4%). Net sales are distributed geographically as follows: the United States and Canada (38.4%), Asia/Pacific (27.4%), Europe (23.3%) and other (10.9%)

Employees

78,450

Sector

Internet Services

Calendar

04/02 - Q4 2025 Earnings Release (Projected)

More about the company