PRIMECAP Management's position in Meta Platforms is currently worth $762M. That's 0.55% of their equity portfolio (47th largest holding). The first Meta Platforms trade was made in Q1 2018. Since then PRIMECAP Management bought shares sixteen more times and sold shares on seven occasions. The stake costed the investor $294M, netting the investor a gain of 159% so far.
The artificial intelligence (AI) industry has two people who are viewed as its leaders. One of these is Jensen Huang, the leader of dominant AI chip maker Nv...
Meta delivered outstanding Q2 results, with 21.5% YoY revenue growth and expanding operating margins, surprising even bullish expectations. Management guides...
Meta Platforms Inc. has selected Pacific Investment Management Co. and Blue Owl Capital Inc. to lead a $29 billion financing for its data center expansion in...
Live Updates Live Coverage Has Ended Five Conference Call Quotes That Caught Our Attention Tonight 6:51 pm ¡°We are confident we can sustain 20 % ¨C 30 % year-...