Meta is pouring more money into its AI projects. Meta shares surged nearly 15% in early trading on Thursday. The tech giant reported first-quarter revenue of $28.65 billion and earnings per share of $2.20. “I think there’s an opportunity to introduce AI agents to billions of people in ways that will be useful and meaningful,” Zuckerberg added, noting that Meta is exploring potential implementations of AI technology ranging from customer service to “chat experiences” in its WhatsApp and Messenger apps. “It’s been a pretty amazing year of progress on this front, and the work happening now is going to impact every single one of our apps and services,” Zuckerberg said regarding Meta’s push into AI technology. Zuckerberg spent six minutes of his opening remarks talking about Meta’s AI projects during the company’s first-quarter earnings call on Wednesday - compared to just 90 seconds on the metaverse, according to Bloomberg. Meta boss Mark Zuckerberg spoke glowingly about the company’s ambitions for artificial intelligence as the Facebook and Instagram parent reported a stronger-than-expected quarter - despite its metaverse division losing nearly $4 billion. Meta may allow Facebook, Instagram users in Europe to pay to avoid ads: reportĮlon Musk slams Facebook for ‘manipulating the public almost everywhere on Earth’įacebook users have only days left to file claim for share of $725M settlement NASDAQ does not use this value to determine compliance with the listing requirements.Meta’s return-to-office edict takes affect as employees report to work "Market Cap" is derived from the last sale price for the displayed class of listed securities and the total number of shares outstanding for both listed and unlisted securities (as applicable). It does not include securities convertible into the common equity securities. Market Cap (Capitalization) is a measure of the estimated value of the common equity securities of the company or their equivalent.
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In contrast, a larger spread suggests lower liquidity, as there are fewer investors willing to negotiate. Often, a smaller spread suggests higher liquidity, meaning more buyers and sellers in the market are willing to negotiate. The bid-ask spread can indicate a stock’s liquidity, which is how easy it is to buy and sell in the marketplace. The data displayed in the quote bar updates every 3 seconds allowing you to monitor prices in real-time. The bid size displays the total amount of desired shares to buy at that price, and the ask size is the number of shares offered for sale at that price. The numbers next to the bid/ask are the “ size”.
amount that a seller is currently willing to sell. The bid is the highest amount that a buyer is currently willing to pay, whereas the ask is the lowest The bid & ask refers to the price that an investor is willing to buy or sell a stock.
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