BlackRock acquired 169M Meta Platforms shares worth $91.8B. That's 1.38% of their equity portfolio (9th largest holding). The investor owns 6.55% of the outstanding Meta Platforms stock. The first Meta Platforms trade was made in Q4 2020. Since then BlackRock bought shares thirteen more times and sold shares on four occasions. The stake costed the investor $50.1B, netting the investor a gain of 83% so far.
In trial that opened on Tuesday, California and 28 other states accused the company of designing addictive sites and violating laws protecting children's pri...
David Tepper's hedge fund, Appaloosa Management, recently initiated a position in CoreWeave while also raising its exposure to Meta Platforms.
Meta is facing a landmark legal battle with 29 states accusing the company of deliberately designing its platforms to keep children hooked while misleading t...
Meta Platforms Inc. (META, Financials), the parent of Facebook and Instagram, continues to spend aggressively on artificial intelligence, but Bernstein thinks i