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Meta has pumped $36 billion into its metaverse and VR businesses since 2019. These 4 charts show the scale of its extreme spending — and huge losses.
Meta Platforms, Inc. (META) shares are up a whopping 178% this year. When you study the supply and demand picture, demand is off the chart.
Gaps on charts fill about 90% of the time, which makes it likely Meta will eventually break up to trade at $128.53. Meta has resistance above at $122.53 and $128.53 and support below at $114.77 ...
Meta said Wednesday it will slash 13% of its workforce as it looks to redirect resources to Mark Zuckerberg's metaverse project and appease angry shareholders. Meta stock popped 8% on the news ...
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