Meta dominates VR market, but Reality Labs division posts $5 billion loss for the quarter
Meta's Reality Labs division achieved a significant milestone in Q4 2024, generating $1.1 billion in sales, primarily driven by the success of the Meta Quest 3 ...
Quest Diagnostics price target raised to $189 from $184 at Baird
Baird analyst Eric Coldwell raised the firm’s price target on Quest Diagnostics (DGX) to $189 from $184 and keeps an Outperform rating on the ...
Meta’s Ray-Bans smart glasses sold over 1M units in 2024, The Verge reports
Meta CEO Mark Zuckerberg told staff on Thursday in an all hands meeting that the company sold more than 1M Ray-Ban smart glasses in 2024, ...
Meta's Reality Labs division beat nearly all its sales; CTO Andrew Bosworth’s ‘congratulatory’ email to employees reveal
Meta's Reality Labs saw significant growth in 2024 with a 40% increase in sales, beating many targets. The division's success ...
Meta uncharacteristically quiet about $5 billion in VR losses
Meta is standing by their VR projects as their foot in the door for the Metaverse, but it's becoming an expensive investment.