METAB Stock Price and Chart — BCBA:METAB

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Meta Platforms plans a 62% increase in capital spending for data centers and AI software in 2025, part of a trend where hyperscalers are expected to raise capex by 11% annually through 2029.

Meta Platforms may face fines up to 6% of annual global sales for failing to manage illegal content on Facebook and Instagram, as per EU's Digital Services Act investigation.

Meta Platforms has faced over $68 billion in operating losses in its Reality Labs segment in four years, mainly due to hardware investments like Ray-Ban smartglasses, which sold 2.8 million units.

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About Meta Platforms, Inc.

Meta Platforms, Inc. engages in the development of social media applications. It builds technology that helps people connect and share, find communities, and grow businesses. It operates through the Family of Apps (FoA) and Reality Labs (RL) segments. The FoA segment consists of Facebook, Instagram, Messenger, WhatsApp, and other services. The RL segment includes augmented, mixed and virtual reality related consumer hardware, software, and content. The company was founded by Mark Elliot Zuckerberg, Dustin Moskovitz, Chris R. Hughes, Andrew McCollum, and Eduardo P. Saverin on February 4, 2004, and is headquartered in Menlo Park, CA.

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