Investing.com
Published Jan 13, 2025 06:24PM ET
Mark Zuckerberg, the Chairman and CEO of Meta Platforms, Inc. (NASDAQ:META), which has grown to a market capitalization of $1.54 trillion and achieved an impressive 63% return over the past year, recently executed a series of stock transactions involving the company's Class A Common Stock. According to InvestingPro .
In other recent news, the Supreme Court is currently examining a law that could result in a ban or sale of TikTok in the U.S. The potential ban, labeled "unprecedented censorship" by TikTok, could significantly impact companies such as Meta and Oracle (NYSE:ORCL). Analysts from Morgan Stanley (NYSE:MS) suggest that Meta, Snap, and Alphabet (NASDAQ:GOOGL) could gain market share if TikTok is banned, while Oracle could face a loss of income. In recent developments, Meta has been given a Buy rating by China Merchants Securities, highlighting the company's strong market position and growth potential. The company has also announced a trial to feature eBay (NASDAQ:EBAY) listings on Facebook Marketplace, aiming to increase visibility for eBay sellers and broaden the range for Marketplace users. Furthermore, Meta is transitioning from a U.S. fact-checking program to a community-based system for content moderation. These recent developments indicate Meta's ongoing efforts to adapt and lead in the competitive tech industry.
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Written By: Investing.com
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