Meta Platforms ‘ savvy use of artificial intelligence and untapped potential in business messaging are reasons why we see more upside ahead for the stock in 2024. Meta reached a 52-week high of $361.90 per share on the second to last trading day of 2023. The stock nearly tripled last year and was the second-best … Read more
The jaw-dropping CEO moments this year (File) Another year, another endless news cycle driven by the world’s top corporate executives, with moments ranging from cringe-worthy to downright bizarre. While some CEOs seemed to relish the spotlight, Elon Musk chief among them, others were inadvertently thrust into social media’s harsh glare. Here are some of the … Read more
The Nasdaq MarketSite in the Times Square neighborhood of New York, on Tuesday, May 31, 2022. Michael Nagle | Bloomberg | Getty Images Tech stocks rebounded from a disastrous 2022 and lifted the Nasdaq to one of its strongest years in the past two decades. After last year’s 33% plunge, the tech-heavy Nasdaq finished 2023 … Read more
Elon Musk will definitely always be considered one of history’s top weird little guys, and 2023 has only served to cement his image. He managed to poorly run all of his companies, running Twitter (I will not call it X) into the ground, causing Tesla to lose ground in the EV race, allowing The Boring … Read more
According to a 2021 survey by Vox and Data for Progress, 37% of Americans think billionaires are terrible role models, and 49% said they have overall negative feelings towards them. And the heat is felt most prominently by the big-name tech billionaires like Mark Zuckerberg, Elon Musk and Jeff Bezos. But despite the negative feelings, … Read more
The cost rivals that of the largest private, personal construction projects in human history. Building permits put the price tag for the main construction at around $100 million, in addition to $170 million in land purchases, but this is likely an underestimate. Building costs on the remote island are still higher than pre-pandemic levels. That … Read more
Meta founder and CEO Mark Zuckerberg speaks during the Meta Connect event at Meta headquarters in Menlo Park, California, on Sept. 27, 2023. Josh Edelson | AFP | Getty Images Last year at this time, Meta was navigating a crisis of confidence that had pushed its stock price to its lowest since 2016. Sales were … Read more
An attendee wears a Meta Platforms Inc. Oculus Quest 2 virtual reality (VR) headset at the Telefonica SA stand on day two of the Mobile World Congress at the Fira de Barcelona venue in Barcelona, Spain, on Tuesday, Feb. 28, 2023. Angel Garcia | Bloomberg | Getty Images Meta is spending billions of dollars a … Read more
