Sands Capital acquired 1.31M Meta Platforms shares worth $978M. That's 2.83% of their equity portfolio (14th largest holding). The first Meta Platforms trade was made in Q2 2013. Since then Sands Capital bought shares ten more times and sold shares on 37 occasions. The stake costed the investor $382M, netting the investor a gain of 156% so far.
Roth Capital Partners Senior Research Analyst Rohit Kulkarni says AI's potential impact on Meta has barely been scratched. He joins Caroline Hyde on ¡°Bloombe...
Cleo Capital's Sarah Kunst discusses reports Meta is revamping its AI operations for a fourth time, and whether the company's massive spending will eventuall...
Meta Platforms Inc. has selected Pacific Investment Management Co. and Blue Owl Capital Inc. to lead a $29 billion financing for its data center expansion in...
Meta has selected investment management firm PIMCO and alternative asset manager Blue Owl Capital for a $29 billion financing deal related to its data center...