META - Meta Platforms, Inc.
After hours:
| Previous close | 271.12 |
| Open | 271.67 |
| Bid | 262.74 x 1000 |
| Ask | 262.75 x 1000 |
| Day's range | 262.80 - 274.25 |
| 52-week range | 88.09 - 276.57 |
| Volume | |
| Avg. volume | 24,626,150 |
| Market cap | 675.536B |
| Beta (5Y monthly) | 1.20 |
| PE ratio (TTM) | 31.49 |
| EPS (TTM) | 8.37 |
| Earnings date | 25 July 2023 - 31 July 2023 |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | 274.98 |
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- Financial Times
We asked metaverse users what they think of Apple’s VR headset
Facebook’s all-in pivot to virtual reality in November 2021 has been mocked every which way, from its Martingale capex strategy to its limb deficiency. Meta’s share price rally — up nearly 200 per cent from a November 2021 low — was on AI hype and newfound discipline around costs rather than its creation of a $10bn-a-year digital wasteland, which only ever gets mentioned these days in the context of how much it’s distracting management. Meta’s problem with VR was that people didn’t really want to wear droopy scuba masks.
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- Financial Times
Virtual reality start-ups pin hopes on Apple to lure back funding
Virtual reality start-ups have pinned their hopes on Apple’s longed-for release of a mixed reality headset becoming a catalyst for a rebound in industry funding. The headset, with a likely price tag of about $3,000, is expected to combine augmented reality, which conjures up digital images into the real world, and virtual reality, which immerses users into a game-like realm. “Code new worlds,” reads Apple’s website for Monday’s event, which many interpret as a reference to a new computing platform.
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