First time in two years Mark Zuckerberg sold shares in Meta: For 190$ million,
Mark Zuckerberg sold shares in Meta Platforms in November for the first time in two years.
After the deal, Zuckerberg kept 13% of Meta shares, which equals its fortune of 117 Billion dollars.
This deal came after the recovery of the social media company from the turmoil in 2022,
and after Meta shares rose 166% this year,
which means compensating for the losses it suffered two years ago.
Meta’s CEO and co-founder, as well as the entities and associations
he uses to make charitable and political donations,
announced the sale with the Securities and Exchange Commission.
The entities sold more than 500,000 shares under the trading plans scheduled for the summer.
In 2022 meta shares crashed, but she compensated for the losses after increasing 166% this year,
outperforming the Nasdaq index with a 36% increase.
As a result of this deal, Zuckerberg Earned a spot in the top 10 Bloomberg Billionaires Index,
with 116$ billion in resources, he is number 9 in the wealth index. The biggest benefits from the interest of the investors in Big tech companies
are the Social media groups behind Facebook, Instagram and WhatsApp,
motivated by their belief in artificial intelligence Meta is a member of the “Magnificent Seven” stocks with other big companies like Tesla and Nvidia,
and Meta had the biggest share of the S&P 500’s profits this year.
The value of Meta stock
By the end of November, Meta shares rose by 172%,
outperforming all technology companies except Nvidia,
which helped Zuckerberg increase the profits from his activities that are not related to Meta,
such as scientific research, investing in influence campaigns, and other activities carried out by Zuckerberg.
The value of the stock today is close to the record level it achieved in 2021
when Zuckerberg and the charitable foundation he owns
through the Chan Zuckerberg Initiative sold shares worth more than one billion dollars.
Meta and good causes
It is known that Mark Zuckerberg and his wife, Priscilla Chan,
donate 99% of their wealth to charitable causes throughout their lives.
In 2010, Zuckerberg signed the Giving Pledge for the first time,
which is a charitable pledge and commitment to charitable work
on the initiative of Warren Buffett and Bill Gates.
First time in two years Mark Zuckerberg sold shares in Meta
This revelation introduces an innovative AI-powered system that promises to reshape the way we engage with content within its vast ecosystem.
At a high-profile event, Meta unveiled a revolutionary AI system that not only enhances user engagement but also paves the way for a new era of artificial intelligence-driven applications.
A Glimpse into Meta’s AI-Powered Marvel
Meta’s most recent technological marvel was unveiled just last week during a much-anticipated event. This event showcased not only the sheer power of AI but also introduced another AI-based system aimed at elevating the photo editing capabilities of Instagram, a platform also under the Meta umbrella.
Meta’s AI system, as eloquently described by the company, possesses the remarkable ability to generate high-quality stickers in a mere matter of seconds. What sets this system apart is its reliance solely on textual input provided by users. Gone are the days of sifting through sticker libraries or struggling to find the perfect expression for your message. With Meta’s AI, all you need to do is describe the sticker you desire, and it will be crafted for you.
A Rivalry in the Making
Meta’s proprietary AI technology, the driving force behind this system, places it in direct competition with the well-known ChatGPT system. However, this rivalry goes beyond mere sticker generation; it extends to the broader realm of natural language processing and AI-driven interactions.
As of now, Meta’s sticker generation system is accessible only to a select group of English-speaking users. Nevertheless, Meta has grand plans to expand its availability to a wider audience in the near future.
The Advantages of Meta’s AI-Powered Sticker Generation
Meta’s AI-powered sticker generation system offers several key advantages that have the potential to revolutionize social media interactions:
Speed and Convenience
Users can craft personalized stickers in a matter of seconds, drastically reducing the time and effort required to express themselves effectively.
Customization
The system empowers users to articulate their desired stickers, ensuring a highly personalized and emotive experience.
Endless Possibilities
With AI at its core, the system can conceivably generate an infinite variety of stickers, catering to the diverse preferences of users.
Enhanced Engagement
Interacting with content becomes a more interactive and enjoyable experience, leading to increased user retention and satisfaction.
A World of Possibilities
Meta’s AI system’s applications extend far beyond sticker generation, offering an array of use cases, including:
Personal Messaging
Users can elevate their personal messages with bespoke stickers that perfectly encapsulate their emotions and sentiments.
Content Creation
Content creators can harness this transformative technology to infuse their posts with unique elements, rendering them more captivating and distinctive.
Branding
Businesses can leverage this system to craft branded stickers, thereby fostering brand recognition and heightened engagement among their audience.
Redefining Social Media Engagement
Meta’s AI system has the potential to reshape the way we interact with social media platforms. It encourages boundless creative expression and facilitates meaningful connections through dynamic visuals and messaging.
Meta’s unwavering commitment to the world of artificial intelligence is indisputable through this latest innovation. By harnessing the power of AI, Meta aims to create immersive and deeply personalized experiences for its vast user base.
As the curtain rises on this AI system, it signals just the beginning of Meta’s journey into the realm of artificial intelligence. With technology advancing at an unprecedented pace, we can eagerly anticipate a future brimming with even more awe-inspiring developments that will redefine the way we engage with social media.
Meta’s Ad-Free Subscription Plans for Instagram and Facebook Users in Europe
Meta Platforms (NASDAQ:META) Takes a Bold Step to Comply with EU Regulations
In a significant move, Meta Platforms is gearing up to launch ad-free subscription plans for its popular social media platforms, Instagram and Facebook, catering exclusively to users in Europe. This strategic decision comes as a response to mounting pressure from European Union (EU) regulations, which aim to limit Meta’s capacity to personalize ads without user consent, thereby affecting its primary source of revenue. Here, we delve into the details of this innovative approach by Meta.
Among the pricing plans under consideration, the 10 euro ($10.49) per month subscription plan emerges as the most feasible option, according to sources familiar with the matter. This competitive pricing aims to attract users who seek an ad-free experience on these platforms, while also ensuring Meta’s compliance with evolving EU regulations.
Meta’s decision to introduce ad-free subscription plans is a strategic step toward complying with EU regulations that threaten to curtail its ability to deliver personalized ads without user consent. By providing users with a choice between a free, ad-supported plan and a paid subscription, Meta hopes to strike a balance that satisfies both users and regulators.
Additional Costs on Mobile Devices
On mobile devices, the cost for a single account subscription is expected to increase to approximately 13 euros.
This adjustment accounts for commissions imposed by Apple’s (NASDAQ:AAPL) and Google’s app stores.
Despite the added expense, users who value an ad-free experience may find this offer appealing.
In comparison to other subscription-based services, Meta’s pricing remains competitive. For instance,
Netflix (NASDAQ:NFLX) charges 7.99 euros for its basic subscription plan,
while Alphabet (NASDAQ:GOOGL)’s YouTube Premium comes in at around 12 euros,
and Spotify’s Premium service is priced at approximately 11 euros.
Meta’s pricing not only aligns with industry standards but also reflects its commitment to offering value to its users.
Responding to Regulatory Scrutiny
Meta’s recent challenges include a 390 million euro fine imposed earlier this year by Ireland’s Data Privacy Commissioner. This fine was accompanied by restrictions on the use of the controversial “contract” basis for delivering targeted ads based on users’ online activities. In response, Meta has pledged to seek user consent within the EU,
aligning with evolving regulatory requirements.
Meta’s Perspective
A spokesperson from Meta emphasized the company’s belief in “free services supported by personalized ads” while acknowledging the need to adapt to changing regulations.
Meta is actively exploring options to ensure compliance while continuing to provide a seamless user experience.
Conclusion
Meta Platforms’ decision to introduce ad-free subscription plans for Instagram and Facebook users in Europe reflects its commitment to adapt and thrive in a changing regulatory landscape.
By offering competitive pricing and responding to user preferences, Meta aims to strike a balance between personalized advertising and user choice.
This bold move is indicative of Meta’s determination to remain a leader in the social media industry while complying with EU regulations.
Metaverse Potential Dominance, the Metaverse is a rapidly growing concept that has been gaining popularity as more people become comfortable with the idea of living their lives virtually.
But while the metaverse offers many exciting opportunities for exploration and connection,
it also brings up some difficult questions about how we will handle its potential dominance by certain entities.
Can dominance in the metaverse be avoided?
At this point, it’s hard to say whether dominant players can be kept out of the Metaverse completely.
There are several steps we can take to help ensure fair competition between all participants.
For starters, developers should strive to create open platforms
that allow users from different backgrounds and experiences
to access content without having any one entity dominate over them.
This could include creating systems with built-in checks and balances
so that no single user or group has too much control over what happens within a given platform or game space.
Additionally, developers should make sure they have strong anti-cheat mechanisms in place so those
who try to gain an unfair advantage are quickly identified and dealt with appropriately,
such as banning accounts associated with the cheating activity from participating further
on these platforms/games until they prove themselves trustworthy again through proper behavior
modification efforts (e.g.., completing tutorials).
Another way we might avoid domination by certain entities is through decentralized networks
which allow for distributed ownership among multiple stakeholders
instead of relying on just one centralized authority figure like most traditional networks do today (I.. e., Facebook).
With decentralized networks, everyone involved would have an equal say
when making decisions about what goes into each platform/game – giving smaller players more power than ever before!
Finally, governments around the world must work together
towards establishing regulations that protect citizens’ rights within virtual spaces
while still allowing innovation & creativity to flourish freely
without fear of being taken advantage of due to large companies dominating marketspace unfairly via monopolies, etc…
Ultimately though if individuals want true freedom & fairness then they need
to look beyond simply avoiding domination by powerful corporations,
and rather focus on building communities based upon mutual respect & trust amongst peers regardless
of differences existing between them… because only then will true equality truly exist!
The Race to the Metaverse
Facebook’s move was a bold one, and it has certainly made its mark.
In the months since rebranding, Facebook has invested heavily in Metaverse technology;
acquiring VR companies such as Oculus and expanding its platform to encompass virtual worlds like Horizon.
It is also working on creating an interoperable system that would allow users to access different platforms
within the same space – something that other tech giants are now trying to emulate.
But despite Facebook’s success so far, Breton and the EC have warned against allowing
any company or group of companies too much control over what could become a groundbreaking new industry.
This is why standards for interoperability must be developed now if we are going to ensure that everyone can benefit from this new technology when it eventually takes off, not just those with deep pockets who can afford their way into dominance early in the development process.
Ultimately, only time will tell how successful Meta makes its mark on our lives but with Europe’s backing behind them, we may see some exciting developments ahead!
Facebook’s Leap into the Metaverse
Facebook’s decision to rebrand as Meta Platforms was a clear signal of intent.
The social media giant had already been developing its virtual world, Horizon, and the name change seemed to indicate that it wanted to be seen as much more than just an online social network.
It wanted to become the leader in metaverse technology and services too.
The move has certainly made its mark on the industry.
Facebook is now at the forefront of discussions around what will make up our digital future,
from how we interact with each other through avatars, or how businesses can use Metaverse platforms
for marketing campaigns or customer service activities. It also appears poised for success
when it comes to building out this new reality;
Horizon is set to launch later this year after several delays due to Covid-19 restrictions
At present, though there are still many questions about who else will join
Facebook in creating these immersive experiences.
And what role do governments like those within Europe have in regulating them?
Breton’s comments show that European authorities are taking notice
but whether they can keep pace with innovators remains unclear
Metaverse technologies could well revolutionize our lives over the coming years
so while we don’t yet know exactly where things may lead us one thing’s certain: Meta makes its mark!
Segmented Experience
The development of multiple Metaverses is going to be a major trend in 2021.
This could lead to some interesting competition between different entities, as each strives for dominance.
It may even result in a “segmented experience”, like what we already see with computing platforms today
think Apple vs Android or Windows vs Mac OSX.
What this means for users is an ever-growing variety of experiences and opportunities
within virtual worlds across entertainment, work, and more.
We might soon have entire virtual cities where people can live out their dreams while never leaving home!
With such potential comes great responsibility though,
how do we ensure these metaverses are safe spaces free from abuse?
How do we make sure they don’t become echo chambers that amplify bias?
These questions will need careful consideration if the world of Metaverse exploration is truly going to take off this year,
but one thing’s certain: it won’t be boring!
The future of advertising is rapidly changing with the emergence of the metaverse.
This virtual world has opened a new realm for brands to explore and engage with their target audiences in unique ways.
The possibilities are endless when it comes to how businesses can use this technology,
from creating immersive experiences that allow customers to interact directly with products and services,
to developing interactive campaigns that bring stories alive in an engaging way.
As more people flock towards the metaverse, brands have begun investing heavily
in this space as they look for innovative ways to reach out and connect
with potential customers on a deeper level than ever before.
With its ability to create highly personalized content tailored specifically to each user’s interests,
advertisers are now able to access vast amounts of data about their consumers
allowing them to craft effective marketing messages without having any direct contact or interaction at all!
Another great benefit of using the metaverse is its ability to reduce costs associated
with traditional advertising methods such as television commercials or print ads
which require large upfront investments but may not always yield desired results
due to customer fatigue or lack of engagement overall.
By utilizing virtual reality technologies, marketers can deliver powerful visual messages
while also cutting down on operational expenses making it much easier for smaller companies
to compete with larger ones within the same industry.
Overall, embracing advancements made by Metaverses will be essential if businesses
hope to stay ahead curve when comes to staying relevant competitive landscape.
As technology continues to evolve so too must strategies used to advertise orders remain successful long run!
Boundless Potential of the Metaverse
Would the Metaverse be creating new digital economies? Or is it just about selling existing real-world goods?
After all, every new generation of media has been subsidized by advertising,
making it cheaper or free for consumers.
So why should the metaverse be any different?
It promises to create an entirely new digital economy,
one where people can interact with each other and buy and sell goods in a virtual space.
But what exactly will this economy look like?
Will it be just another way of selling existing real-world goods or something more creative?
The answer lies in the potential of the Metaverse itself.
By allowing users to customize their own avatars, explore exciting new worlds,
and engage with others through shared experiences,
it provides an unprecedented level of freedom for those wanting to take part in its economy.
This means that instead of simply buying items from existing stores or websites
which are limited by physical constraints, users can participate directly
within the metaverse’s virtual economies without any such restrictions.
This opens huge opportunities for entrepreneurs who want to capitalize on this unique platform
by creating innovative products tailored specifically for use within the metaverse’s environment,
think custom clothing lines designed especially for your avatar!
With no need to pay rent on physical premises or hire staff members (aside from developers),
these businesses could potentially become very profitable; indeed,
all while providing customers with exclusive experiences they couldn’t find anywhere else!
Of course, there’s still plenty we don’t know about how this new digital landscape might work,
but one thing is certain: if you’re looking at ways you could
make money online than investing some time into understanding
how these emerging economies function would certainly be worthwhile considering!
The Power of Advertising
Ads have been an essential part of every new media generation, from newspapers to radio, TV and the world wide web.
Advertising has made these mediums more accessible and affordable for consumers;
it is no surprise then that Facebook’s vision for its Metaverse also includes ads as a key component of its business model.
After all, they can track customer behaviour more accurately than ever before. But how?
One way is through AR/VR experiences tailored to individual users
based on their preferences and interests using sophisticated analytics tools
such as facial recognition technology (FRT) and eye tracking software (ETS)
to measure user engagement with ads in real time.
For example, an AI-driven chatbot could ask questions about what kind
of content people like or what type of products they are interested in buying.
Facebook’s ability to track users’ eyeballs and even gauge their mood
through augmented reality (AR) or virtual reality (VR) technology makes advertising in the Metaverse especially powerful.
Personalized Ads
Ads can be tailored specifically to individual users based on
their location, interests, or even emotional state,
creating highly targeted campaigns that are almost guaranteed to grab attention.
The potential applications for this type of marketing are endless,
from entertainment venues offering discounts during off-peak times
or restaurants promoting special offers when customers pass by them in VR spaces,
businesses will be able to reach out directly with personalized messages
at exactly the right moment! allowing brands to customize ads accordingly for maximum impact.
Similarly, immersive 3D environments created by marketers
could be used as interactive adverts that draw customers into engaging stories
while subtly promoting products or services at the same time.
This could revolutionize how companies reach out directly with relevant content
while driving sales up significantly at the same time!
Ultimately, as we continue our journey towards full immersion
within virtual reality spaces like the metaverse, brands must embrace
its potential if they hope to remain competitive going forward.
It won’t always be easy; after all, change never is, but those who make strategic investments
now stand a much better chance at success later down the line when this technology really takes off!
Is Elon Musk Helping Mark Zuckerberg? Meta Platforms Inc. (NASDAQ: META) shares slumped about 7% on Tuesday amid reports of a regulatory setback in Europe.
Undeterred by the sell-off, Empirical Financials’ Whitney Tilson threw his weight behind the company and the stock.
“I believe that Meta is one of the most innovative and exciting companies in the world today,” Tilson said in a note to investors. “Its technology has the potential to revolutionize how we interact with computers.”
Tilson pointed out that Meta’s technology is already being used by major corporations such as Microsoft, Google, and Facebook. He believes that there is a “huge market opportunity” for Meta’s products and services.
Despite the recent sell-off, Tilson remains bullish on Meta’s prospects.
He believes that the stock is still undervalued and has significant upside potential.
The Feud of Facebook and Tesla
Tilson said Meta’s headwinds aren’t likely to worsen, with some of them likely to turn into tailwinds. Meta’s AI investment might help ad targeting, which, in turn, could help Reels perform better than TikTok, he said.
The year-over-year comparisons for Meta could turn from dreadful over the year to at the very least stable. “My long experience is that when beaten-down stocks of exceptional businesses turn around, they don’t just pop 20% — rather, it’s usually 50% to 100% in a matter of months,” Tilson said.
We believe the company is positioned to weather them and come out stronger on the other side. Here’s a look at the eight headwinds Tilson mentioned in his newsletter and how they’re impacting Meta:
First, the loss of a major customer: This has been a big blow to Meta, but we believe they have the resources and talent to win new business and make up for this loss over time.
Second, increased competition: There are more companies than ever before competing for attention in the AR/VR space, but Meta has established itself as a leader with its strong product offerings. We believe they will continue to compete successfully against newcomers.
Finally, lower margins: Margins have been under pressure due to increased competition and lower prices for hardware components, but we believe Meta’s focus on delivering high-quality products will help them maintain their position in the market.
Meta’s Technology: The Future of Computer
We all know that Facebook CEO Mark Zuckerberg and Tesla CEO Elon Musk don’t exactly see eye to eye. But what if, instead of feuding, they joined forces? Imagine the possibilities!
With their combined brainpower, they could take over the world! Or at least dominate the tech industry. And with Meta’s recent financial success despite a difficult market landscape, there’s no doubt that investors would be lining up to get in on the action.
So, what would an alliance between these two titans look like? Well, for starters, we can expect some truly over-the-top holiday gifts exchanged between them. After all, when you are worth billions of dollars, normal presents just won’t cut it. So while other people are getting socks and ties from their loved ones this holiday season, Zuckerberg will probably be sending Musk a massive yacht as a thank-you for creating such chaos and drama at Twitter that regulators, media and investors are distracted from Meta’s own problems. Talk about friends in high places!
Of course, it remains to be seen whether or not such an alliance would actually benefit either company in the long run.
But one thing is for sure: it would make for some interesting headlines (and stock prices). So stay tuned – this story is far from over.
WhatsApp is down across the world! WhatsApp is one of the most popular messaging platforms in the world with over 1.5 billion users, and today on the 25th of Oct 2022 many of them have been complaining about a major issue with their WhatsApp application.
There have been reports of problems sending or receiving messages which include video calls, chats not loading, and messages not being sent, not only smartphone users but even WhatsApp web and WhatsApp desktop apps were also down for several hours, which left many users frustrated and worried especially among users who rely on WhatsApp for communication as their main channel of connecting with others.
However, an official response from Meta, the parent company of WhatsApp and Facebook, is yet to come with an official response, the parent company of WhatsApp and Facebook, is yet to come. This has left many users frustrated and worried about the future of WhatsApp.
It’s not clear how much time it will take WhatsApp to return to normalcy but we hope that it will be up and running soon!
General Overview
For those who are unaware, WhatsApp is a cross-platform messaging app that allows users to communicate with each other without having to pay for SMS. The app has been extremely popular since its launch in 2009, but it has also been plagued by outages from time to time.
The latest outage appears to have started at around 8:40 AM GMT on Tuesday morning, with users reporting that they were unable to send or receive messages on the app. Naturally, this led to a lot of frustration among users who rely on WhatsApp for communication on a daily basis.
How could WhatsApp affect Meta stock?
WhatsApp could affect Meta stock in many ways. The messaging app could compete with Meta for users, which could lead to lower traffic and revenue for the stock video platform. WhatsApp could also partner with or acquire Meta, which would give the Facebook-owned company a strong foothold in the growing market for online video, it would give them access to this valuable data and help them grow their business.
If WhatsApp is considering partnering with or acquiring Meta, which could result in the stock price of Meta increasing. This would be a great move for WhatsApp, as it would allow them to tap into the growing market for financial data and analysis. Meta is a cutting-edge startup that provides real-time financial data and analytics to its users, the company has been growing rapidly, and its products are used by some of the biggest names in finance.
The app has been a major part of Facebook’s growth strategy and has helped the social media giant expand its reach, which means it can still impact Meta’s stock, but it isn’t as directly tied to the performance of the app. Nonetheless, user feedback and news headlines about WhatsApp can still affect Meta’s stock price.
Should you invest in Meta Stock?
There is no simple answer to this question, as there are many factors to consider before making an investment. However, some key considerations include the company’s financial stability, the strength of its products and services, and the overall market demand for its products and services. There are a lot of different ways to trade stocks and Meta Stock is just one of the many options available to investors. So, should you invest in Meta Stock? Here are a few things to consider before making your decision:
What are your investment goals? If you’re looking for long-term growth, then investing in Meta Stock may not be the best option. However, if you’re looking for short-term gains or income, then Meta Stock could be a good choice. Just make sure that you understand the risks involved with this type of trading before getting started.
15 billion $ for a glitchy empty META world, I’m sure many of you have heard about the Metaverse project, and how it has already cost Meta $15 billion.
Some people may be discouraged by this, thinking that it’s too expensive or not worth it.
However, the Metaverse project has been ongoing for several years now, is it too early to cost META $15 billion.
Some people have been critical of the project, citing its high cost and lack of progress.
Here are some of the incredible products that have been developed including a virtual reality headset that allows you to experience different worlds in full immersion, also includes a 3D printer that can print objects from any world in your metaverse and an AI Powerful assistant.
These are just a few examples of what’s possible with this technology, and I’m sure there are many more yet to be discovered.
If you’re interested in investing in or supporting the Metaverse project,
I urge you to do so; it is an incredibly ambitious undertaking with immense potential rewards.
The Horizon Worlds platform is still in its early stages, but already it’s struggling to keep users engaged.
The Quest 2 headset is a bit too pricey for casual users,
and those who do get access to the platform are met with baffling branded content, persistent bugs, and empty worlds.
Even employees appear not to enjoy the platform, saying there is a “quality” problem,
it’s hard to keep users engaged when the platform is plagued with glitches and empty worlds. Even employees are struggling to find enjoyment in the Metaverse.
If something doesn’t change soon, Horizon Worlds may not be around for much longer.
This is a problem
When Facebook CEO Mark Zuckerberg first announced his plans to build a metaverse,
many people were sceptical about the hefty price tag that was attached to it.
However, when you put this price tag into perspective, it doesn’t seem so bad.
After all, Zuckerberg is investing billions of dollars into something that could potentially change the way we interact with the world forever.
It’s not just that Horizon Worlds isn’t doing well.
It’s that, according to the report, barely anyone is playing it at all.
This is a huge issue for the company and one that needs to be addressed immediately.
There are a few possible explanations for this situation.
First, it could be that the game simply isn’t very good.
Second, it could be that people are put off by the fact that they have to create their own content in order to have anything to do in Horizon Worlds.
And third, it could be that VR Chat and Second Life simply offer more compelling experiences than Horizon Worlds does at present.
Sure, some might say that this is a huge gamble and that there’s no guarantee that Zuckerberg’s metaverse will ever become a reality.
But even if it doesn’t pan out exactly as he hopes, there’s no doubt that this is an ambitious and exciting project worth supporting.
So, if you’re a trader or investor who’s on the fence about whether or not to invest in Facebook stock,
don’t be discouraged by the high price tag – it just might be worth your while in the long run.
Whatever the reason, Meta needs to figure out why nobody is playing its game and take steps to fix the problem quickly.
Otherwise, Horizon Worlds will end up being yet another failed experiment in virtual reality gaming.”
The Next Big Thing
The next big thing in the internet world is not the Metaverse.
It’s augmented reality, according to Apple CEO Tim Cook.
In an interview with The Independent, Cook said that he believes AR will be “huge” and will have a profound impact on the way we use technology.
He compared it to how the smartphone revolutionized communication and commerce.
Cook said that AR will allow users to overlay digital information on top of the real world, which has endless potential applications.
For example, you could use AR to see product reviews while you’re shopping or get turn-by-turn directions without ever looking at your phone.
And because AR can be used with existing devices like iPhones and iPads,
it has a much lower barrier to entry than virtual reality headsets like Oculus Rift or HTC Vive,
so if you’re thinking about investing in the next big thing, don’t bet on the Metaverse just yet—augmented reality is where it’s at!
Amazon and Meta stocks as the best trading stock for 2022
Colin Sebastian, from Baird, chose Amazon and Meta as the best shares to trade for 2022, ignoring Google,
which was its top choice for 2021, as Google shares have risen 69% this year.
“As 2022 approaches, investors remain focused on short-term trends and structures and macroeconomic impacts,
rather than on long-term growth drivers,” Sebastian wrote in his note to clients.
“While companies with giant open markets and powerful engineering capabilities are preferred,
we also tend to consider combinations of growth trends and short margins.
Regarding meta, he said industry checks point to improved advertising performance and metrics on Facebook and Instagram.
As for meta, the same profession controls the goal of improving performance and metrics for ads on Facebook and Instagram.
Great prospects for the Meta platform
“We believe there is still room for stock to outperform in 2022,” he said, with growing confidence in Meta’s overall platform and market share in online advertising.
Sebastian set the price of META 390 at .META share closed at 342.94, down 1%, in the stock market today.
Concerns about slowing growth of online retail
Regarding Amazon, Sebastian said, “Concerns about slowing online retail growth and declining margins have largely run their course.”
“But we believe sentiment will improve during 2022.”
Additionally, he said, “With companies rapidly shifting their technology spending from company overheads to cloud services,
we believe Amazon’s stronger performance is another potential catalyst over the course of the operation.”
Amazon’s stock price target was set at 4,000, and Amazon’s stock closed at 3,384.02, down 0.9 percent.
