Meta Platforms Inc.’s stock has been on a hot streak since the company first announced its cost-cutting plans last fall, and that could help it achieve a milestone not seen in over a year.
Both... Meta Platforms Inc.’s stock has been on a hot streak since the company first announced its cost-cutting plans last fall, and that could help it achieve a milestone not seen in over a year. Both Meta, which is on track for a $550 billion valuation by the session’s end, and Tesla, on track for a $508 billion valuation, previously peaked at fifth in the market-cap rankings. Tesla’s valuation is based on the share count given alongside its fourth-quarter report and is subject to change once the company discloses an updated share count in its first-quarter 10-Q.
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