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Meta in talks over Scale AI investment that could exceed $10 billion, Bloomberg reports

by Market News Board
9 hours ago
in Commodities, Crypto, Economy News, Gold, Market Overview, Oil, Silver
Shell Discontinues Brazilian Renewable Projects
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Market Closed –


Nasdaq



04:00:00 2025-06-06 pm EDT

5-day change 1st Jan Change

697.71 USD

+1.91% +7.76% +19.16%

Published on 06/08/2025 at 02:17

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© Reuters – 2025

Meta in talks over Scale AI investment that could exceed $10 billion, Bloomberg reports


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Meta in talks over Scale AI investment that could exceed $10 billion, Bloomberg reports


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Chart Meta Platforms, Inc.

META: Dynamic Chart

Logo Meta Platforms, Inc.

Meta Platforms, Inc. specializes in online social networking services. Net sales break down by activity as follows:

– operation of social networking, messaging, photo and video sharing platforms (98.6%): operation of the Facebook, Instagram, Messenger, Threads and WhatsApp platforms (3.98 billion monthly active users in 2023) ;

– sale of virtual and augmented reality products, software and devices (1.4%): virtual reality headsets (Meta Quest), connected screens (Facebook Portal), wearable devices, etc.

Net sales break down by source of income into advertising spaces (97.5%) and other (2.2%).

Net sales are distributed geographically as follows: the United States and Canada (39.2%), Asia-Pacific (26.8%), Europe (23.1%) and other (10.9%).

More about the company

Sell

Consensus

Buy

Last Close Price

697.71USD

Average target price

712.76USD

Spread / Average Target

+2.16%

Consensus

Quarterly revenue – Rate of surprise

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