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Meta Platforms, Inc. logo

Meta Platforms, Inc. (META)

$728.08
+2.15 (+0.30%)

About Meta Platforms, Inc.

Meta Platforms, Inc. builds social technology platforms, including Facebook, Instagram, and WhatsApp, connecting billions of people worldwide.

Sector Communication Services
Industry Internet Content & Information
Employees 67,317
Founded 2004
Day High $741.58
Day Low $726.20
Open $733.25
Prev Close $725.93
Interactive Real-Time Chart
Real-Time Feed TradingView
Meta Platforms, Inc. logo
Company Profile US Equities Communication Services

About Meta Platforms, Inc. (META)

Meta Platforms, Inc., formerly known as Facebook, remains the undisputed giant of global social media and digital connectivity. The company operates a family of ubiquitous apps, including Facebook, Instagram, WhatsApp, and Messenger, connecting billions of daily active users. This unprecedented scale provides Meta with an incredibly detailed map of human behavior, interests, and social connections. Leveraging this massive dataset, the company has built one of the most sophisticated and highly targeted digital advertising networks in the world. Advertisers of all sizes rely on Meta's platforms to reach specific demographics with highly personalized marketing campaigns. Recognizing the shifting landscape of digital interaction, the company aggressively pivoted its long-term strategy toward the 'metaverse.' Through its Reality Labs division, Meta is investing billions of dollars into virtual reality (VR) headsets, augmented reality (AR) glasses, and immersive digital environments. Concurrently, the company is deeply engaged in the artificial intelligence arms race, open-sourcing its powerful Llama foundational models to the developer community. By freely distributing its AI research, Meta hopes to commoditize AI infrastructure while maintaining its dominance in the consumer application layer. Despite intense regulatory scrutiny regarding data privacy and content moderation, Meta's core business remains an incredibly robust cash-generation machine.

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