Sector Update: Tech stocks fall late afternoon

Real-time estimation Cboe BZX		5 day change	Change on January 1st
621.50 ^USD	-0.36%		+4.77%	+75.47%

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Meta’s Instagram and Alphabet’s YouTube are emerging as alternatives for US TikTok creators	8:09 a.m	MT
Global advertising revenue is expected to exceed $1 trillion in 2024, according to GroupM report	07:51 am	MT
U.S. stock investors should pay attention to inflation this week as interest rate cuts in 2025 come under scrutiny	6:24 a.m	MT
The British financial regulator is investigating the use of WhatsApp by former Credit Suisse employees	12:35 p.m	MT
Trump staff contacts Google, Meta and Snap about online drug sales, The Information reports	Dec 08	RE
US TikTok content creators are warning their followers to find them on Instagram and YouTube	Dec 7th	RE
S&P and Nasdaq hit record closing highs; The data supports the tariff reduction view	Dec 06	RE
The S&P 500 starts December with a weekly rise to new highs, led by consumer discretionary stocks	Dec 06	MT
UBS’s Credit Suisse division is facing an FCA probe over alleged WhatsApp abuse	Dec 06	MT
TikTok parent faces US ban after appeals court upholds national security law	Dec 06	MT
Meta stocks hit record high after US appeals court upheld TikTok ban	Dec 06	RE
Documents show that the exclusive use of WhatsApp by Credit Suisse employees is being examined by the British regulator	Dec 06	RE
TikTok parent faces US ban after appeals court upholds national security law	Dec 06	MT
Bloomberg reports that TikTok parent company ByteDance faces a US ban after the appeals court upheld the national security law	Dec 06	MT
Will the strong economy slow down further interest rate cuts?	Dec 06
First Shanghai adjusts price target on meta platforms from $600 to $710 and maintains Buy rating	Dec 06	MT
Sector Update: Tech stocks fall late afternoon	Dec 05	MT
Sector Update: Tech	Dec 05	MT
Meta Platforms and Lightstorm Vision join forces to create mixed reality experiences	Dec 05	MT
Meta collaborates with James Cameron’s Lightstorm vision for mixed reality content	Dec 05	MT
Meta is partnering with James Cameron’s tech company to advance mixed reality content	Dec 05	RE
Global markets live: Walt Disney, Eli Lilly, Microsoft, GSK, Shell…	Dec 05
According to Meta Platforms, Invenergy will provide 760 MW of clean energy	Dec 05	MT
Wall Street’s gravity-defying rally awaits the verdict on nonfarm payrolls	Dec 05
Invenergy will provide over 760 MW of renewable energy, meeting Meta’s energy needs in line with its clean and renewable energy goals	Dec 05	CI

Length of time

Period

META: Dynamic chart

Meta Platforms, Inc. specializes in online social networking services. Net sales are broken down by activity as follows: – Operation of social networking, messaging, photo and video sharing platforms (98.6%): Operation of the Facebook, Instagram, Messenger, Threads and WhatsApp platforms (3, 98 billion monthly active users in 2023); – Sales of virtual and augmented reality products, software and devices (1.4%): virtual reality headsets (Meta Quest), connected screens (Facebook portal), wearable devices, etc. Net sales are broken down by revenue source in advertising spaces (97.5%). %) and others (2.2%). Net sales are distributed geographically as follows: United States and Canada (39.2%), Asia Pacific (26.8%), Europe (23.1%) and others (10.9%).

More about the company

Sell

Buy

Last closing price

623.77USD

Average target price

649.01USD

Spread / average target

+4.05%

consensus

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