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Meta Platforms (META) Gains Amid ByteDance’s Rising Profits and US Regulatory Shift

GuruFocus Read original source (opens in a new tab)
The Story

News Summary

  • ByteDance is set for a major profit surge, nearing Meta's earnings, despite US regulatory pressure.
  • TikTok expands globally, forming a US joint venture with Oracle and partnering with Amazon, bolstering its growth and valuation outlook against Meta's strong 2024 projections.
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META price history

669.23 +5.90% over the displayed period

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