Meta is quietly preparing to become a player in wholesale electricity markets, turning its voracious artificial intelligence power demand into a reason to trade energy like a utility or hedge fund.
Shares of Meta Platforms are in the spotlight Tuesday after the company began cutting jobs within its Reality Labs division.
Meta is now stepping directly into the electricity market because the company believes this is the only way to get new power plants built fast enough for its AI goals. The company is entering ...
I'm downgrading Meta to a sell due to deteriorating fundamentals despite recent stock gains. Ad impression growth is slowing, especially in the high-value U.S. and Canada market, signaling possible ...
In order to accelerate the construction of new power plants needed to provide energy for its data centers, Meta is looking to get into the business of trading electricity. Bloomberg reports that both ...
(Bloomberg/Josh Saul, Riley Griffin and Naureen S. Malik) — Meta Platforms Inc. is venturing into the complex world of electricity trading, betting it can accelerate the construction of new US power ...
Investors in Meta Platforms Inc (Symbol: META) saw new options begin trading today, for the November 28th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the META ...