'Amazon’s plan to own the world’s product data and fight AI shopping agents' - Reuters Exclusive
https://www.reuters.com/business/media-telecom/amazons-plan-own-worlds-product-data-fight-ai-shopping-agents-2026-11-13/
Last updated: 2026-11-13 11:56:00. Prices reflect the latest pre-market trading data. Stock price data is sourced from Massive.
Meta Platforms, Inc. (META) operates in the SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC. sector and is listed on NASDAQ. The stock is currently priced at $624.39, with a market capitalization of $1.59T and a P/E ratio of 21.19. Over the past 52 weeks, its price has ranged from $520.26 to $779.82. This page covers its latest market performance, valuation, price trends and company information.
$1.59T | |
$625.85 | |
$628.74 | |
$623.80 | |
$623.61 | |
79.78K | |
21.07M | |
21.19 | |
$779.82 | |
$520.26 | |
0.34% | |
12-31 |
Meta Platforms, Inc. (META) is trading at $624.30 in pre-market trading as of 2026-11-13 11:55:00, up 0.11% ($0.69) from the previous close of $623.61
Pre-market trading shows how investors are pricing META before the regular session opens. The current pre-market price is near the previous close, indicating positive early trading sentiment.
META is down 0.56% in pre-market trading.
Over the past seven days, Meta Platforms, Inc. (META) moved from $605.08 to $624.39, representing a gain of 3.19% ($19.31).
The stock traded between $583.80 and $648.45 during the period. The latest price is near the middle of the 7-day range, indicating moderate upward.
The average daily volume was 14.65 million shares, down versus the previous seven-day period, indicating lower trading activity.
Position in Range: 40.1%
META is currently trading at $624.39, placing it 40.1% of the way from its 52-week low of $520.26 to its 52-week high of $779.82. This percentage reflects the stock's relative position within its 52-week trading range, not its valuation or future performance.
Meta is the largest social media company in the world, boasting more than 3.5 billion monthly active users worldwide. The firm's "Family of Apps," its core business, consists of Facebook, Instagram, Messenger, and WhatsApp. End users can leverage these applications for a variety of different purposes, from keeping in touch with friends to following celebrities and running digital businesses for free. Meta packages customer data, gleaned from its application ecosystem and sells ads to digital advertisers. While the firm has been investing heavily in its Reality Labs business as well as its AI model development, both of these remain very small parts of Meta's overall sales.
| Industry | SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC. |
| Employees | 78,865 |
| CEO | Mark Elliot Zuckerberg |
| Founded | 2004 |
| Exchange | NASDAQ |
| Company Website |
View the latest dividend and stock split events for Meta Platforms, Inc.
Dividend | |
|---|---|
| Ex-Dividend Date | Sep 21, 2026 |
| Payment Date | Sep 28, 2026 |
| Dividend Per Share | $0.525 |
Latest news related to Meta Platforms, Inc. and META stock.
https://www.reuters.com/business/media-telecom/amazons-plan-own-worlds-product-data-fight-ai-shopping-agents-2026-11-13/
Following the U.S. midterm elections where Democrats won both chambers of Congress, tech stocks sold off amid concerns about AI infrastructure regulation. However, historical data shows the tech sector has averaged 37% returns in the 12 months following midterms since 1990, suggesting investors should hold or buy tech stocks rather than sell. Meta Platforms and Marvell Technology are highlighted as strong long-term investment opportunities in the AI space.
Amazon CEO Andy Jassy claims the company could run two trillion-dollar businesses within a decade through AWS and its online retail operations. AWS grew 39% last quarter with a $578 billion backlog, while Amazon's retail business is expanding rapidly with grocery sales tripling faster than other categories. The company is investing heavily in AI infrastructure and custom chips, though this has resulted in negative free cash flow of $42.4 billion over the past 12 months.
Nvidia stock plummeted following CEO Jensen Huang's resignation amid personal scandals. The stock fell below $150 from a record high of $243 in October 2026. Despite current turmoil and succession risks, the analyst sees the sell-off as a buying opportunity at $155-160 per share, citing an attractive forward P/E ratio of 9.7-10.1x based on fiscal 2028 earnings estimates. The broader AI sector faces headwinds as investors question hyperscaler returns on AI infrastructure investments.
As AI data center power demand is projected to double by 2030, both Bloom Energy (on-site fuel cells) and Constellation Energy (nuclear grid power) are positioned to benefit. Bloom offers faster deployment with 55-day installations and expanded partnerships with Oracle and Brookfield, while Constellation leverages its massive nuclear fleet and long-term power purchase agreements with major tech companies. Analysts view Bloom as higher upside short-term and Constellation as better long-term value.
Eligible investors can buy real shares of Meta Platforms, Inc. (META) through MEXC RealStocks. Follow these three steps to open a RealStocks account, transfer USDT, and place a US stock order.
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Estimate the value between META shares and USD.
META Shares to USD
1.00 META shares = 624.392 USD
Calculations are estimates based on the latest available price and are for reference only.