Meta Platforms, Inc.

US30303M1027

Internet Services

Market Closed - Nasdaq Other stock markets 04:00:00 2024-05-10 pm EDT			5-day change	1st Jan Change
476.2 ^USD	+0.16%		+5.36%	+34.53%

May. 10	News Highlights : Top Company News of the Day - Friday at 5 PM ET	DJ
May. 10	'Ugly' Post-Earnings Performance Doesn't Stick	MT

U.S. FTC denies Meta petition to recuse Khan from Within Unlimited review

February 02, 2023 at 12:09 pm EST

WASHINGTON (Reuters) - The Federal Trade Commission (FTC) rejected a petition filed by Facebook-parent Meta seeking the recusal of Chair Lina Khan from participating in any decision concerning the review of Meta's proposed merger with virtual reality app maker Within Unlimited.

The FTC said without Khan's participation it had denied the order.

(Reporting by David Shepardson)

Latest news about Meta Platforms, Inc.

News Highlights : Top Company News of the Day - Friday at 5 PM ET	May. 10	DJ
'Ugly' Post-Earnings Performance Doesn't Stick	May. 10	MT
Indexes already back on top	May. 10
Wall St Week Ahead-Earnings bolster US stocks but crucial inflation report looms	May. 10	RE
Australian regulator says Musk's X should not set limits of internet law	May. 10	RE
Australian regulator says Musk's X should not set limits of internet law	May. 09	RE
Dow ends higher to make it seven in a row, as jobs data boosts rate-cut hopes	May. 09	RE
TikTok will start labeling AI-generated content	May. 09	RE
TikTok to label AI-generated images, video from OpenAI and elsewhere	May. 09	RE
How dependent is China on US artificial intelligence technology?	May. 09	RE
News Highlights : Top Company News of the Day - Wednesday at 1 PM ET	May. 08	DJ
DBS Bank Adjusts Price Target on Meta Platforms to $540 From $580, Keeps Buy Rating	May. 08	MT
Singapore suspends F-16 training after plane crash on Wednesday	May. 08	RE
News Highlights : Top Company News of the Day - Wednesday at 11 AM ET	May. 08	DJ
Google fights $17 bln UK lawsuit over adtech practices	May. 08	RE
Meta Expanding Suite of AI Products for Advertisers	May. 08	MT
Hungary will stay out of NATO's 'crazy mission' to aid Ukraine, foreign minister says	May. 08	RE
Turkey's competition board to fine Meta $37.2 million in data-sharing probe	May. 08	RE
News Highlights : Top Company News of the Day - Wednesday at 9 AM ET	May. 08	DJ
Mickey Mouse on Wall Street	May. 08
Meta Launches New AI Tools for Advertisers	May. 08	DJ
Reddit shares soar as earnings show advertising, AI licensing revenue potential	May. 08	RE
Factbox-European regulators crack down on Big Tech	May. 08	RE
AI boom set to fuel data centre deals in Asia this year	May. 07	RE
Arista Networks projects Q2 revenue above estimates	May. 07	RE

Chart Meta Platforms, Inc.

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Company Profile

Meta Platforms, Inc. specializes in online social networking services. Net sales break 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) ; - sale 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 break down by source of income into advertising spaces (97.5%) and other (2.2%). Net sales are distributed geographically as follows: the United States and Canada (39.2%), Asia-Pacific (26.8%), Europe (23.1%) and other (10.9%).

Sector

Internet Services

Calendar

2024-05-29 - Annual General Meeting

Related indices

S&P 500

More about the company

Income Statement Evolution

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Analysis / Opinion

Why Shares of Meta Are Sinking After Earnings Report

April 24, 2024 at 05:14 pm EDT

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Ratings for Meta Platforms, Inc.

Trading Rating

Investor Rating

ESG Refinitiv

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

476.2 USD

Average target price

520.5 USD

Spread / Average Target

+9.29%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Social Media & Networking

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Social Media & Networking

Meta Platforms, Inc.

Equities

META

US30303M1027

Internet Services

U.S. FTC denies Meta petition to recuse Khan from Within Unlimited review

EPS Revisions