In One Chart: Meta valuation flirts with $500 billion for first time in 9 months

March 14, 2023

Meta Platforms Inc.’s latest job cuts are resonating with investors, helping put the company on track to finish with a market capitalization above $500 billion for the first time since June.

Shares of Meta META were up about 7% in afternoon trading Tuesday after the company announced plans to cut 10,000 more workers over several months. In November, Meta announced more than 11,000 layoffs.

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Futurist Eric Fry says it will be a “Summer of Surge” for these three stocks

One company to replace Amazon… another to rival Tesla… and a third to upset Nvidia. These little-known stocks are poised to overtake the three reigning tech darlings in a move that could completely reorder the top dogs of the stock market. Eric Fry gives away names, tickers and full analysis in this first-ever free broadcast.

Watch now…