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Mark ZuckerbergInvestor's Business Daily
•66% Informative
Mark Zuckerberg has spent tens of billions of dollars in hopes of bringing a metaverse powered by augmented and virtual reality mainstream.
Many investors view the metaverse more as a money pit than a time machine.
Zuckerberg says there can be big benefits if Meta has greater control over the computing platforms that power its apps.
Zuckerberg : "We might be twice as profitable if we own the platform".
Meta unveiled updates to its Ray-Ban smart glasses at Connect event.
The smart glasses market is still tiny compared to the billions of users on Apple and Android phones.
Mark Zuckerberg has said he expects Meta 's Reality Labs products will have a "largely" revenue component.
But analysts say there is a long-term rationale for Meta with the metaverse.
Meta shares are up from a Sept. 19 breakout from a 542.81 consolidation pattern buy point with no defensive sell signal.
Overall, Meta has gained nearly 65% this year and remains a consensus buy among analysts.
VR Score
75
Informative language
83
Neutral language
48
Article tone
formal
Language
English
Language complexity
46
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
no external sources
Source diversity
no sources
Affiliate links
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