METAC Stock Price and Chart — BCBA:METAC

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Meta Platforms is set to contribute significantly to S&P 500's second-quarter earnings, with nearly 30% expected from the Information Technology and Communications Services sectors.

Meta Platforms is investing heavily in AI, planning multiple large data centers. The first, Prometheus, is set to launch in 2026, with more clusters in the works.

In Q1 2025, ByteDance outpaced Meta Platforms (META) in revenue, earning over $43 billion versus Meta's $42.31 billion, with both seeing over 20% growth from advertising.

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About Meta Platforms

Meta Platforms, Inc. engages in the development of social media applications. It builds technology that helps people connect and share, find communities, and grow businesses. It operates through the Family of Apps (FoA) and Reality Labs (RL) segments. The FoA segment consists of Facebook, Instagram, Messenger, WhatsApp, and other services. The RL segment includes augmented, mixed and virtual reality related consumer hardware, software, and content. The company was founded by Mark Elliot Zuckerberg, Dustin Moskovitz, Chris R. Hughes, Andrew McCollum, and Eduardo P. Saverin on February 4, 2004, and is headquartered in Menlo Park, CA.

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