Meta’s Reality Labs lost over $4 billion in first quarter

In Meta's first-quarter earnings report, the company said Reality Labs recorded an operating loss of over $4 billion while ...
NewsX

Meta’s Largest-Ever Layoffs Begin May 20: 8,000 Employees To Be Impacted; Here’s Which Roles Are Most At Risk In The AI-Driven Shift

Meta Platforms is set to begin its biggest-ever meta layoffs on May 20, cutting around 8,000 jobs as part of a major shift toward AI. The meta layoffs will mainly impact non-AI roles, middle ...
Seeking Alpha

Meta's Forward P/E Of 27 Is Still 20% Lower Than Apple And Microsoft

Meta stock has led other big tech companies with 28% YTD total returns, but Meta's forward P/E of 27 is still lower than many other peers. A major tailwind for the company in the last few quarters is ...