Meta Stock Soars Reclaiming 500 Billion Marketвђ

Meta Stock Soars Reclaiming 500 Billion Marketвђ Meta platforms shares soared higher thursday, after the social media group unveiled plans for a $40 billion stock buyback and forecast better than expected current quarter revenues despite a. Meta platforms stock got slammed in april when the company guided for current year capital spending of $35 billion to $40 billion. that’s higher than the company’s previous forecast of $30.

Meta Stock Jumps Putting Market Cap Back Above 500 Billion Meta platforms soared 20% on friday after the social media giant announced a blowout fourth quarter earnings report. the company reported a 25% year over year surge in revenue to $40.1 billion. For the full year, analysts project that meta's revenue will rise 19.7% to $161.5 billion in 2024, after climbing 15.7% last year, according to factset. about 98% of meta's revenue is from. 10.90. 0.93%. bank of america corporation. 39.55. 1.15%. find the latest meta platforms, inc. (meta) stock quote, history, news and other vital information to help you with your stock trading. The $1 trillion tech giant said it will issue investors a dividend of 50 cents a share on march 26 and has authorized a $50 billion increase in its stock repurchase plan. public companies.

Meta Stock Soars Following Revenue Beat Positive Outlook 10.90. 0.93%. bank of america corporation. 39.55. 1.15%. find the latest meta platforms, inc. (meta) stock quote, history, news and other vital information to help you with your stock trading. The $1 trillion tech giant said it will issue investors a dividend of 50 cents a share on march 26 and has authorized a $50 billion increase in its stock repurchase plan. public companies. Monthly active users were up 2% to around 2.96 billion. the $40 billion buyback, however, is what mostly moved the stock, with help from meta's pledged to lower operating expenses by around $6.5 billion still expected at between $89 billion and $95 billion amid what ceo mark zuckerberg called a 'year of efficiency'. Talking point: investors rewarded meta, which reduced its headcount by 22 per cent in 2023, after the company announced a us$50 billion stock buyback and its first ever quarterly dividend, a rare move for a silicon valley tech giant.