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Meta Platforms, Inc. Previously known as Facebook, the U.S. based technology company owns various social media apps and focuses on virtual reality (metaverse). Yahoo! Finance
Meta Platforms, Inc. Previously known as Facebook, the U.S. based technology company owns various social media apps and focuses on virtual reality (metaverse). Yahoo! Finance
| Spread | 2.26 | Spread (%) | 0.75% |
|---|---|---|---|
| Overnight funding - Buy | -0.06144% | Overnight funding - Sell | -0.0264% |
| Initial margin | 20.00% | Maintenance margin | 10.00% |
| Leverage | 1:5 | Expires daily | No |
| Name | Sell | Sell button / Change | Buy | Change | ||
|---|---|---|---|---|---|---|
| {{item.Name}} | {{item.SellPrice}} | Sell | {{item.BuyPrice}} | Buy | {{item.ChangePercentText}} | Trade |
Yesterday, July 26th, Meta released its Q2 results, painting a picture of surprising successes while also showing areas of challenge for the months ahead.
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Meta's Threads microblogging app, which prioritises "kindness" over political discourse, gains 70M signups to become the fastest-growing app in history. But Mark Zuckerberg's direct competitor to Twitter faces its own challenges, bringing the long-term impact of the successful launch into question.
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Amazon, Alphabet, and Meta are all set to release their first quarter 2023 results this week, potentially shedding light on the state of the American tech industry over the first months of the year.
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