Meta Platforms, Inc. reports recurring developments across its social, messaging, advertising, artificial intelligence, and immersive-technology businesses. The company’s core app ecosystem includes Facebook, Instagram, Messenger, and WhatsApp, and its revenue base is tied primarily to digital advertising across those services.
Meta news commonly covers quarterly and annual results, conference-call announcements, cash dividends on Class A and Class B common stock, AI infrastructure and data-center supply agreements, and product or technology updates. Company and shareholder communications also address content moderation, platform enforcement practices, youth-related scrutiny, and legal or regulatory matters in the United States and European Union.
Roundhill Investments has launched the Roundhill Ball Metaverse UCITS ETF (METV) on Deutsche Börse Xetra, marking the first Metaverse ETF listed in Germany. The ETF, with an expense ratio of 0.59%, is designed to capture the burgeoning Metaverse economy, projected by Morgan Stanley and Goldman Sachs to be worth approximately $8 trillion. The fund's underlying index, managed by Ball Metaverse Research Partners, includes significant holdings such as Meta Platforms, Roblox, Unity, and Nvidia, covering seven sectors within the Metaverse.
Meta Platforms announced that CFO David Wehner will participate in the Morgan Stanley Technology, Media & Telecom Conference on March 10, 2022, at 3 p.m. Pacific Time. A live webcast and replay will be accessible via Meta's Investor Relations website. Meta, which builds technologies to connect people and businesses, continues to innovate in areas like augmented and virtual reality. For more updates, follow Mark Zuckerberg on Facebook and Instagram.
Meta (NASDAQ: META) announced that Peter A. Thiel, who has served on its Board of Directors since 2005, will not seek re-election at the 2022 Annual Meeting. Thiel's departure comes after nearly two decades of service, during which he provided significant insights into business and economics. CEO Mark Zuckerberg expressed gratitude for Thiel's contributions and acknowledged his impact as a unique thinker. Meta's current board includes a range of experienced professionals, as the company continues to innovate in social technology and immersive experiences.
Meta Platforms reported a robust financial performance for the fourth quarter and full year of 2021, with total revenue reaching $33.67 billion for Q4, marking a 20% year-over-year increase. For the entire year, revenue surged 37% to $117.93 billion. Operating income decreased slightly by 1% in Q4, while net income fell 8% to $10.29 billion. Meta's user engagement also grew; Family daily active people reached 2.82 billion, up 8%, and monthly users hit 3.59 billion, an increase of 9%. Capital expenditures were reported at $19.24 billion for the year, with a stock ticker change to META expected in 2022.
The Optica Foundation has launched the Optica Women Scholars program, aiming to distribute US$2M in scholarships over the next ten years. Each year, 20 women scholars will receive US$10,000 along with professional development resources. Contributions come from major companies including Google, Meta, and Intel. The program starts accepting applications from February 9 to March 15, focusing on financial need and academic performance.
On January 24, 2022, Meta Platforms announced a shift in its financial reporting structure. Starting with Q4 2021 results on February 2, 2022, the company will report revenue and income from two segments: Family of Apps, covering platforms like Facebook and Instagram, and Reality Labs, focusing on augmented and virtual reality. Historical segment data will also be provided for 2021 and 2020. Financial results and a conference call will occur on February 2. Further details will be available on the company's investor website.
Roundhill Investments announced a ticker symbol change for the Roundhill Ball Metaverse ETF from META to METV, effective January 31, 2022. This change requires no action from current shareholders, and will not affect the Fund's investment objective, strategy, or fees. The ETF continues to provide exposure to the Metaverse by tracking the Ball Metaverse Index. For further details, visit the Fund's website.
Intercontinental Exchange (NYSE:ICE) reported a record 27,876 Micro NYSE FANG+™ Index futures contracts traded on January 4, 2022. In 2021, the technology sector thrived, leading to increased investor interest in FAANG stocks, recently including Microsoft. The MICRO NYSE FANG+™ futures, reduction in notional value to $35,000 in September 2020, enhanced market participation in 2021. The NYSE FANG+™ Index has shown strong performance, averaging a 31.93% gross total return from September 2014 to December 2021. For details on futures, visit theice.com/fangplus.
Meta Platforms, Inc. (NASDAQ: META) will announce its fourth quarter and full year 2021 financial results on February 2, 2022, after market close. A conference call is scheduled for 2 p.m. PT / 5 p.m. ET on the same day, accessible via the Meta Investor Relations website. The call will include a discussion on earnings and financial performance. A replay of the call will be available for one week. Meta aims to enhance communication transparency through various online platforms, including Facebook and Instagram.
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