Meta Platforms Stock News

Facebook parent Meta Platforms (FB -1.7%) is expanding availability of its Reels short-form video feature worldwide

TikTok rival is one of Facebooks most engaging formats, company says

By Elizabeth Culliford (Reuters) Facebook is launching its short video feature Reels to more than 150 countries, its owner Meta Platforms said on Tuesday, in a move to expand its fastest growing content format.

A whale with a lot of money to spend has taken a noticeably bearish stance on Meta Platforms . Looking at options history for Meta Platforms (NASDAQ: FB ) we detected 79 strange trades. If we consider the specifics of each trade, it is accurate to state that 35% of the investors opened trades with bullish expectations and 64% with bearish. From the overall spotted trades, 47 are puts, for a total amount of $3,671,333 and 32, calls, for a total amount of $3,235,909. What''s The Price Target? Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $160.0 to $700.0 for Meta Platforms over the last 3 months. Volume & Open Interest Development Looking at the volume and open interest is Full story available on Benzinga.com

Facebook launches Reels globally, betting on ''fastest growing'' format

Meta CEO Mark Zuckerberg said that since its US launch last year, Reels had become Facebook''s ''fastest growing content format by far.''

Facebook is launching its short video feature Reels to more than 150 countries, its owner Meta Platforms said on Tuesday, in a move to expand its fastest growing content format.

Meta launched its short-video product Reels for all global Facebook users and introduced many new features for advertisers.

Tech-dominated "growth" stocks are still not cheap despite sharp falls over the last six months, analysts at U.S. investment bank JPMorgan cautioned, Reuters reports . The so-called FAANGs have seen some of their COVID-era surges cut back this year. Meta Platforms Inc (NASDAQ: FB ) fell 38%, Apple Inc (NASDAQ: AAPL ) was down 5.7%, Amazon.com Inc (NASDAQ: AMZN) down 8.5%, and was Netflix Inc (NASDAQ: NFLX ) and Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) Google dropped 35% and 10% respectively. "As Growth stocks weakened off late, they derated, but are still Full story available on Benzinga.com

It comes as companies increasingly bet on a digital feature, heating up competition in the growing space.

Here are the biggest calls on Wall Street on Tuesday.

This comes after the platform recently raised $50 million in a funding round led by Facebook co-founder Eduardo Saverin''s B Capital

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Snap appears to be well ahead of Meta/Facebook when it comes to AR/VR. Snap is also pursuing multiple other, promising initiatives. SNAP stock is a buy. The post Snap Stock Is Set to Go After a Splendid Earnings Report appeared first on InvestorPlace . More From InvestorPlace Stock Prodigy Who Found NIO at $2 Says Buy THIS Now Man Who Called Black Monday: Prepare Now. Get in Now on Tiny $3 Forever Battery Stock Interested in Crypto? Read This First

Instagram had rolled out the time limit feature in 2018 in what Meta (Facebook at the time) had termed as a bid to get users to spend their time mindfully.

Few people in recent times have created as much controversy as Donald Trump. A year after his utterances got him banned from Twitter, Facebook and YouTube, his new enterprise, Truth Social, has made its debut on Apples App Store. The platform, which is available as both an app and website, was made available to download []