Meta is heading towards a market capitalization of one trillion US dollars: financial experts expect further growth through AI technology
According to a report from www.finanzen.net, Meta, the parent company of Facebook, is heading towards a market capitalization of $1 trillion after its recent record high. This would make the company a member of an exclusive club that also includes Microsoft, Apple, Alphabet and Amazon. In addition to Meta, other technology companies such as NVIDIA and Microsoft have also reached new record highs. The announcement by company founder Mark Zuckerberg that he would develop an advanced form of artificial intelligence (AI) has piqued investor interest. The importance of AI as a growth topic on the stock markets and especially on the technology exchanges is becoming ever greater. Already in 2023, NVIDIA and Meta were the…

Meta is heading towards a market capitalization of one trillion US dollars: financial experts expect further growth through AI technology
According to a report by www.finanzen.net, Meta, the parent company of Facebook, is heading towards a market capitalization of $1 trillion after its recent record high. This would make the company a member of an exclusive club that also includes Microsoft, Apple, Alphabet and Amazon. In addition to Meta, other technology companies such as NVIDIA and Microsoft have also reached new record highs.
The announcement by company founder Mark Zuckerberg that he would develop an advanced form of artificial intelligence (AI) has piqued investor interest. The importance of AI as a growth topic on the stock markets and especially on the technology exchanges is becoming ever greater. Already in 2023, NVIDIA and Meta were the biggest winners in the NASDAQ 100 selection index thanks to AI.
Meta's impending membership in the exclusive trillion-dollar club and recent announcements in the AI space have analysts predicting further records for Meta. The highest price target is $470, and numerous other experts set targets beyond the $400 mark.
NVIDIA and Microsoft are also setting new records. The importance of AI as a growth theme in the stock markets also allowed them to reach new highs. Shares of NVIDIA rose 21 percent, while Microsoft shares topped $400 for the first time.
However, there are also analysts who warn of an overheated share price. A semiconductor analyst at US bank Morgan Stanley prefers to shift his investments to other companies because he sees more upside potential there.
Overall, developments point to a continued positive impact on the technology market, particularly in the area of artificial intelligence. Meta's membership in the trillion dollar club and developments at NVIDIA and Microsoft indicate a continued growth trend in the industry.
Read the source article at www.finanzen.net