Meta's metaverse and Reality Labs have never really been appreciated by the market. I think this is a fundamental error.
Reality Labs is Meta's long-term bet on the future of virtual and augmented reality (VR/AR), which lost $18 billion in 2024.
J.D. DURKIN: Reality labs isn't just a money loser. It's a big money loser, isn't it? Can you help us put some perspective, some context behind those numbers, underscoring the fact, of course ...
Meta Platforms (NASDAQ: META) is undoubtedly one of the world’s most important technology companies. Due to its position as one of the Magnificent Seven stocks, it is constantly under a microscope.