Tag: Meta Platforms

  • Meta Platforms Just Declared Its First Dividend

    Meta Platforms Just Declared Its First Dividend

    Meta Platforms (META) is exploding higher. Last checked, the stock was up about $60 in after hours.  All after the company announced it’ll pay a quarterly dividend of 50 cents in March to shareholders of record, as of February 22. The company also authorized a $50 billion share buyback program. “Another bullish implication: Paying an…

  • Top Ways to Trade a Trillion-Dollar Metaverse Opportunity

    Top Ways to Trade a Trillion-Dollar Metaverse Opportunity

    By now, I’m sure you’ve heard of the metaverse. Or, as Meta Platforms’ Mark Zuckerberg puts it, the metaverse is “a sci-fi concept whereby humans put on some sort of headset or smart glasses that allows them to live, work and play in a virtual world much like the one depicted in the ‘Ready Player One’ movie,” as…

  • Meta Platforms Could Open Below $100

    Meta Platforms Could Open Below $100

    Meta Platforms (META) can’t catch a break. In after-hours, the stock is down about 20% or $25.52 a share on poor earnings. EPS came in at $1.64, as compared to expectations for $1.89. Revenue came in at $27.71 billion, as compared to estimates of $27.38 billion. The company also forecast Q4 revenue of $30 billion…

  • Why Investors May Want to Avoid Meta Platforms

    Why Investors May Want to Avoid Meta Platforms

    Meta Platforms (META) is diving in afterhours. All after missing on its top and bottom lines, with a poor outlook. EPS came in at $2.46, as compared to expectations for $2.59.  Revenue of $28.82 billion was below estimate for $28.94 billion.  Daily active users did increase to 1.97 billion, as compared to expectations for 1.96…

  • How to Trade a Potential $800 Billion Metaverse

    How to Trade a Potential $800 Billion Metaverse

    Get ready for the metaverse. Defined as a combination of multiple elements of technology, including virtual reality, augmented reality and video where users ‘live’ within a digital universe, supporters of the metaverse envision its users working, playing and staying connected with friends through everything from concerts and conferences to virtual trips around to the world,…