BlackRock acquired 169M Meta Platforms shares worth $111B. That's 1.72% of their equity portfolio (8th largest holding). The investor owns 6.53% 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 121% so far.
Meta said the planned Hyperion data center supercluster in Richland Parish, Louisiana, will be a 5GW data center and cost over $50 billion. That's higher tha...
Looking at free cash flow helps create a common denominator between seven unique companies. Meta Platforms, Apple, Microsoft, and Nvidia look like the solid ...
On an early July episode of Mad Money, Jim Cramer walked through the Magnificent Seven one stock at a time and pushed back on treating them as a single basket.
New AI innovations are piquing investors' interest.