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Meta Platforms Inc - META STOCK NEWS

Welcome to our dedicated news page for Meta Platforms (Ticker: META), a resource for investors and traders seeking the latest updates and insights on Meta Platforms.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Meta Platforms's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Meta Platforms's position in the market.

News
Meta Reports First Quarter 2024 Results
Rhea-AI Summary
Meta Platforms, Inc. (Nasdaq: META) reported strong financial results for the first quarter of 2024, with revenue reaching $36.45 billion, a 27% increase year-over-year. Net income surged by 117%, reaching $12.37 billion, and diluted EPS grew by 114% to $4.71. The company's operational highlights include a 7% increase in daily active people, a 20% rise in ad impressions, and a 6% increase in average price per ad. Meta's CFO outlook anticipates total revenue for Q2 to be $36.5-39 billion, and full-year expenses to be $96-99 billion. The company is focusing on AI and Reality Labs initiatives for future growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-10.56%
Tags
earnings
-
News
Meta to Announce First Quarter 2024 Results
Rhea-AI Summary
Meta Platforms, Inc. (NASDAQ: META) will release its first quarter 2024 financial results on April 24, 2024. A conference call to discuss the results will be held the same day. The company's earnings press release, financial tables, and slide presentation will be available on the Meta Investor Relations website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.23%
Tags
earnings
-
News
Arevon and Meta Announce Long-Term Contracts for 349 Megawatts of New Solar Energy
Rhea-AI Summary
Arevon Energy and Meta Platforms sign long-term agreements for the Kelso Solar Project, generating 349 MWac of power to support Meta's operations with 100% renewable energy. The project will create jobs, provide economic benefits, and contribute to a sustainable energy infrastructure.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.6%
Tags
none
News
Meta to Participate in the Morgan Stanley Technology, Media & Telecom Conference
Rhea-AI Summary
Meta, Inc. (NASDAQ: META) reveals Tom Alison, Head of Facebook, to join Morgan Stanley Conference on March 6, 2024. Live webcast and replay details provided.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.48%
Tags
conferences
-
News
Hock E. Tan and John Arnold to Join Meta Board of Directors
Rhea-AI Summary
Meta appoints Hock E. Tan and John Arnold to its board of directors to enhance expertise in silicon and energy infrastructure. Tan and Arnold bring vast experience from Broadcom and Arnold Ventures, respectively, to aid Meta's long-term vision of advancing AGI.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.27%
Tags
management
-
News
Meta Reports Fourth Quarter and Full Year 2023 Results; Initiates Quarterly Dividend
Rhea-AI Summary
Meta Platforms, Inc. (Nasdaq: META) reported strong financial results for the fourth quarter and full year ended December 31, 2023. Revenue increased by 25% to $40.11 billion in the fourth quarter and by 16% to $134.90 billion for the full year. Net income surged by 201% to $14.02 billion in the fourth quarter and by 69% to $39.10 billion for the full year. The company also announced a quarterly cash dividend of $0.50 per share and a $50 billion increase in its share repurchase authorization. However, Meta expects higher expenses in 2024 due to infrastructure-related costs, payroll expenses, and increased capital expenditures.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
20.32%
Tags
dividends earnings
News
Meta to Announce Fourth Quarter and Full Year 2023 Results
Rhea-AI Summary
Meta Platforms, Inc. (NASDAQ: META) announced that its fourth quarter and full year 2023 financial results will be released on February 1, 2024. The company will host a conference call to discuss the results and provide a live webcast, with a replay available on the Meta Investor Relations website. Transcripts of conference calls with publishing equity research analysts will also be posted to the website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.34%
Tags
earnings
-
News
Meta Reports Third Quarter 2023 Results
Rhea-AI Summary
Meta Platforms, Inc. (Nasdaq: META) reported strong financial results for Q3 2023, with revenue of $34.15 billion, a 23% YoY increase. Net income also saw a significant rise of 164% YoY, reaching $11.58 billion. The company launched Quest 3, Ray-Ban Meta smart glasses, and an AI studio. However, the average price per ad decreased by 6% YoY. Meta expects Q4 2023 revenue to be in the range of $36.5-40 billion. Full-year 2023 expenses are estimated to be $87-89 billion, with restructuring costs of $3.5 billion.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.73%
Tags
earnings
-
News
Meta to Announce Third Quarter 2023 Results
Rhea-AI Summary
Meta Platforms, Inc. will release its Q3 2023 financial results on October 25, 2023, after market close. A conference call will be held to discuss the results at 2 p.m. PT / 5 p.m. ET the same day. The webcast can be accessed at investor.fb.com. Transcripts of conference calls will be posted on the same website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.92%
Tags
earnings
News
Meta Reports Second Quarter 2023 Results
Rhea-AI Summary
Meta Platforms, Inc. (Nasdaq: META) reported financial results for Q2 2023, with revenue of $32.0 billion, a YoY increase of 11%. Net income was $7.8 billion, a 16% increase YoY. Diluted EPS was $2.98, a 21% increase YoY. Family daily active people increased by 7% YoY, and ad impressions increased by 34% YoY.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.4%
Tags
earnings
Stock META logo
Meta Platforms Inc

Nasdaq:META

META Rankings

#6 Ranked by Market Cap
#35 Ranked by Stock Gains
#2010 Ranked by Dividends

META Stock Data

1.31T
2.20B
0.16%
79.64%
1.05%
Data Processing, Hosting, and Related Services
Information
Link
United States
Menlo Park

About META

Meta Platforms, Inc., formerly named Facebook, Inc., and TheFacebook, Inc., is an American multinational technology conglomerate based in Menlo Park, California. The company owns Facebook, Instagram, and WhatsApp, among other products and services.