Here's a quick summary of the latest news about Meta this week:
1. **Llama 3 400B Release**: Meta is set to release the Llama 3 400B AI model next week. This model is expected to outperform competitors like Google's Gemma and Anthropic's Claude Sonnet¹.
2. **Stock Performance**: Meta Platforms' stock hit a 52-week high of $542.81 on July 8th, closing at $529.32. This marks a significant year-to-date increase of 49.5%².
3. **Mass Layoffs**: Meta is reportedly planning mass layoffs, which will impact thousands of employees. This would be the largest round of layoffs in the company's history⁶.
Is there a specific aspect of Meta's news you'd like to dive deeper into?
Source: Conversation with Copilot, 7/18/2024
(1) Meta to drop Llama 3 400b next week — here’s why you should care. msn.com/en-gb/lifestyle/lifestylegeneral/meta-to-drop-llama-3-400b-next-week-here-s-why-you-should-care/ar-BB1q4AUf.
(2) Meta Platforms Hits 52-Week High: What's Next for META Investors?. markets.businessinsider.com/news/stocks/meta-platforms-hits-52-week-high-what-s-next-for-meta-investors-1033540542.
(3) Meta is reportedly announcing mass layoffs this week. mashable.com/article/meta-mass-layoffs-report.
(4) Apple, Microsoft, Meta, Google Stocks Hit 52-Week Highs: Which Is The Best Investment?. markets.businessinsider.com/news/stocks/apple-microsoft-meta-google-stocks-hit-52-week-highs-which-is-the-best-investment-1033535731.
(5) Meta Platforms, Inc. (META) Latest Stock News & Headlines - Yahoo Finance. finance.yahoo.com/quote/META/news/.
(6) Latest Meta Company News | Meta - About Facebook. about.fb.com/news/category/technologies/meta/.
1. **Llama 3 400B Release**: Meta is set to release the Llama 3 400B AI model next week. This model is expected to outperform competitors like Google's Gemma and Anthropic's Claude Sonnet¹.
2. **Stock Performance**: Meta Platforms' stock hit a 52-week high of $542.81 on July 8th, closing at $529.32. This marks a significant year-to-date increase of 49.5%².
3. **Mass Layoffs**: Meta is reportedly planning mass layoffs, which will impact thousands of employees. This would be the largest round of layoffs in the company's history⁶.
Is there a specific aspect of Meta's news you'd like to dive deeper into?
Source: Conversation with Copilot, 7/18/2024
(1) Meta to drop Llama 3 400b next week — here’s why you should care. msn.com/en-gb/lifestyle/lifestylegeneral/meta-to-drop-llama-3-400b-next-week-here-s-why-you-should-care/ar-BB1q4AUf.
(2) Meta Platforms Hits 52-Week High: What's Next for META Investors?. markets.businessinsider.com/news/stocks/meta-platforms-hits-52-week-high-what-s-next-for-meta-investors-1033540542.
(3) Meta is reportedly announcing mass layoffs this week. mashable.com/article/meta-mass-layoffs-report.
(4) Apple, Microsoft, Meta, Google Stocks Hit 52-Week Highs: Which Is The Best Investment?. markets.businessinsider.com/news/stocks/apple-microsoft-meta-google-stocks-hit-52-week-highs-which-is-the-best-investment-1033535731.
(5) Meta Platforms, Inc. (META) Latest Stock News & Headlines - Yahoo Finance. finance.yahoo.com/quote/META/news/.
(6) Latest Meta Company News | Meta - About Facebook. about.fb.com/news/category/technologies/meta/.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.