META alert! Facebooks old FB stock ticker is no more CNN Business

Meta is investing heavily to build, scale, and monetize several AI products and services. The company believes that AI could eventually become a major revenue driver. Instead of buying Meta Platforms shares directly, you can passively invest in the technology company through a fund holding its shares. However, some online brokers such as Trading 212 offer a more diverse list of assets to their ISA account holders, including Meta and many other US-listed stocks.

The number of global users has also been steadily rising and is expected to continue to do so through to 2024, providing additional advertising opportunities. On 28th October 2021, Facebook rebranded as ‘Meta’, echoing the brand’s ambitions to move towards the Metaverse virtual world. This includes the introduction of virtual reality platforms, NFTs (non-fungible tokens), and cryptocurrency. On 9th June 2022, the company stock began trading under the new ticker symbol ‘META’ replacing ‘FB’ on the NASDAQ exchange.

Public companies like FB are required to publicize detailed information about their financial health in these. People trade Facebook shares because, just like other financial instruments, they can be an opportunity to invest money. At a basic level, you can take a position on Facebook shares to get exposure to economic growth. If an economy is in good shape, you might find that companies operating in that specific economic branch or industry will grow too. Founded in 1993, The Motley Fool is a financial services company dedicated to making the world smarter, happier, and richer. The Motley Fool reaches millions of people every month through our premium investing solutions, free guidance and market analysis on Fool.com, top-rated podcasts, and non-profit The Motley Fool Foundation.

Day traders may use technical analysis, charts, and indicators to identify entry and exit points. Given Facebook’s volatility, day traders often focus on small price changes throughout the day. Meta (formerly Facebook) stock is a member of the so-called FANG group of stocks and has been popular with traders for many years. Read on for day trading analysis of Meta plus the latest news and tips.

Key Factors Driving Facebook Inc Stock Price

Following a period of intense scrutiny and damaging whistleblower leaks, rumors of Facebook’s plan to rebrand and alter its name began to emerge on October 21, 2021. On October 28, 2021, during Facebook Connect, the metaverse concept was unveiled, as well as the name shift from Facebook, Inc. to Meta Platforms. In 2021, the company rebranded to showcase its move beyond social media. Among its biggest investments is in the metaverse, which led the company to change its name to Meta Platforms (META 0.27%) and its stock ticker to META. Meta is moving towards immersive experience services such as augmented and virtual reality, and some investors who believe are keen on the Meta stock as they believe this technology will soon take off.

If you like what you see, your next step is to consider whether Facebook fits into interactive brokers forex review your current investment portfolio. Brokerage companies frequently release commentary on major stocks and industries, and third-party evaluators like Trading Central provide comprehensive technical and fundamental analysis. You can practice your trades on a demo account or open a live trading account if you are ready to take on the markets. Trading Facebook stock means that you are speculating on a share’s price movements with derivatives like CFDs.

This can be considered a long-term investment, as you’re hoping for the price to rise over time. In summary, Facebook trading offers a unique blend of social interaction and financial market participation. By leveraging the power of the Facebook platform, traders can tap into a wealth of knowledge, engage with like-minded individuals, and potentially enhance their trading strategies. However, success in Facebook trading requires a combination of skill, knowledge, and discipline, along with the ability to navigate the risks inherent in financial markets.

The idea of the metaverse remains somewhat fuzzy today, but it amounts to a world of online, virtual environments where users work, socialize and play. According to Citigroup analyst Andre Lin, the total value of metaverse spending could amount to $8 trillion to $13 trillion by 2030. This completes Meta’s transformation to a holding company that owns a broad spectrum of technology applications from its old image as solely the owner of the Facebook social media platform.

Revenue

Instead, you only need to cover the margin, which is calculated by multiplying your exposure with the margin factor for the market you are trading. While this means that they might need more initial capital to get started when compared to trading, their losses would be capped at this initial price tag. That said, investors should be aware they might get back fewer returns than they initially invested.

Is Facebook publicly traded?

Trading Facebook stock, or Meta Platforms stock, requires a thorough understanding of the company’s financials, market trends, and stock price movements. Whether you are a long-term investor or a short-term trader, developing a strategy that suits your risk tolerance and goals is crucial for success. Always remember, trading stocks involves risk, and there is no guarantee of profits.

Be the first to know about important META news, forecast changes, insider trades & much more!Get Free META Updates

Furthermore, traders must always exercise caution and conduct their own research before making trading decisions. While collaboration and information sharing are valuable, it’s crucial to verify and validate the accuracy of the information received from other traders. All active positions will remain open and will be rolled over to the next Best forex trading platform trading day. If you trade the Facebook CFD on any EU or UK platform (Forex.com, eToro Europe or XM Europe), the margin requirement is 20%.

Comparing Meta Trading Brokers

It was started as Facebook, a social networking platform to connect Harvard students, but soon expanded to other universities and eventually to the general public. When you learn how to buy Facebook Inc stock, you’re essentially purchasing partial ownership in this tech conglomerate. Facebook’s stock price fluctuates based on quarterly earnings reports, user growth metrics, advertising revenue, and technological innovations in AI, VR, and the metaverse ecosystem. The emergence of Facebook trading can be traced back to the rise of social trading, which began to gain traction in the early 2000s. Social trading aimed to leverage the power of social networks and online communities to facilitate investment activities and enhance trading strategies.

In fact, META stock was down more than 60% for the year 2022, making that its worst to date on record. Of course, the social media giant has not been exempt from problems, and they came to a head in 2018. In order to trade Facebook stocks on the XM platform, you have to sign up for the MT5 platform. XM also offers the MT4 platform, but this platform does not support stocks CFD trading.

To highlight the significance of company release dates on stock prices, in July 2018, Facebook’s share price dropped 7% immediately following the release of the mid-year earnings report. Whether Meta is a good stock to buy is dependent on market conditions and the individual judgement of traders. On a technical level, you might consider technical indicators such as the RSI or MACD to identify potential support and resistance. From a fundamental standpoint, a knowledge of the standing of competitors, earnings release timings, and the regulatory landscape are all key factors that could influence your buy or sell decisions.

If you trade with XM Belize or Australia, the margin requirement is 1%. The trade will remain open best forex trading books for beginners until the stop loss or profit targets are reached, or until the trade is closed manually by the trader. Here are some frequently asked questions about trading of Facebook stocks.

Posted: December 6, 2023 9:57 am


According to Agung Rai

“The concept of taksu is important to the Balinese, in fact to any artist. I do not think one can simply plan to paint a beautiful painting, a perfect painting.”

The issue of taksu is also one of honesty, for the artist and the viewer. An artist will follow his heart or instinct, and will not care what other people think. A painting that has a magic does not need to be elaborated upon, the painting alone speaks.

A work of art that is difficult to describe in words has to be seen with the eyes and a heart that is open and not influenced by the name of the painter. In this honesty, there is a purity in the connection between the viewer and the viewed.

As a through discussion of Balinese and Indonesian arts is beyond the scope of this catalogue, the reader is referred to the books listed in the bibliography. The following descriptions of painters styles are intended as a brief introduction to the paintings in the catalogue, which were selected using several criteria. Each is what Agung Rai considers to be an exceptional work by a particular artist, is a singular example of a given period, school or style, and contributes to a broader understanding of the development of Balinese and Indonesian paintng. The Pita Maha artist society was established in 1936 by Cokorda Gde Agung Sukawati, a royal patron of the arts in Ubud, and two European artists, the Dutch painter Rudolf Bonnet, and Walter Spies, a German. The society’s stated purpose was to support artists and craftsmen work in various media and style, who were encouraged to experiment with Western materials and theories of anatomy, and perspective.
The society sought to ensure high quality works from its members, and exhibitions of the finest works were held in Indonesia and abroad. The society ceased to be active after the onset of World War II. Paintings by several Pita Maha members are included in the catalogue, among them; Ida Bagus Made noted especially for his paintings of Balinese religious and mystical themes; and Anak Agung Gde Raka Turas, whose underwater seascapes have been an inspiration for many younger painters.

Painters from the village of Batuan, south of Ubud, have been known since the 1930s for their dense, immensely detailed paintings of Balinese ceremonies, daily life, and increasingly, “modern” Bali. In the past the artists used tempera paints; since the introduction of Western artists materials, watercolors and acrylics have become popular. The paintings are produced by applying many thin layers of paint to a shaded ink drawing. The palette tends to be dark, and the composition crowded, with innumerable details and a somewhat flattened perspective. Batuan painters represented in the catalogue are Ida Bagus Widja, whose paintings of Balinese scenes encompass the sacred as well as the mundane; and I Wayan Bendi whose paintings of the collision of Balinese and Western cultures abound in entertaining, sharply observed vignettes.

In the early 1960s,Arie Smit, a Dutch-born painter, began inviting he children of Penestanan, Ubud, to come and experiment with bright oil paints in his Ubud studio. The eventually developed the Young Artists style, distinguished by the used of brilliant colors, a graphic quality in which shadow and perspective play little part, and focus on scenes and activities from every day life in Bali. I Ketut Tagen is the only Young Artist in the catalogue; he explores new ways of rendering scenes of Balinese life while remaining grounded in the Young Artists strong sense of color and design.

The painters called “academic artists” from Bali and other parts of Indonesia are, in fact, a diverse group almost all of whom share the experience of having received training at Indonesian or foreign institutes of fine arts. A number of artists who come of age before Indonesian independence was declared in 1945 never had formal instruction at art academies, but studied painting on their own. Many of them eventually become instructors at Indonesian institutions. A number of younger academic artists in the catalogue studied with the older painters whose work appears here as well. In Bali the role of the art academy is relatively minor, while in Java academic paintings is more highly developed than any indigenous or traditional styles. The academic painters have mastered Western techniques, and have studied the different modern art movements in the West; their works is often influenced by surrealism, pointillism, cubism, or abstract expressionism. Painters in Indonesia are trying to establish a clear nation of what “modern Indonesian art” is, and turn to Indonesian cultural themes for subject matter. The range of styles is extensive Among the artists are Affandi, a West Javanese whose expressionistic renderings of Balinese scenes are internationally known; Dullah, a Central Javanese recognized for his realist paintings; Nyoman Gunarsa, a Balinese who creates distinctively Balinese expressionist paintings with traditional shadow puppet motifs; Made Wianta, whose abstract pointillism sets him apart from other Indonesian painters.

Since the late 1920s, Bali has attracted Western artists as short and long term residents. Most were formally trained at European academies, and their paintings reflect many Western artistic traditions. Some of these artists have played instrumental roles in the development of Balinese painting over the years, through their support and encouragement of local artist. The contributions of Rudolf Bonnet and Arie Smit have already been mentioned. Among other European artists whose particular visions of Bali continue to be admired are Willem Gerrad Hofker, whose paintings of Balinese in traditional dress are skillfully rendered studies of drapery, light and shadow; Carel Lodewijk Dake, Jr., whose moody paintings of temples capture the atmosphere of Balinese sacred spaces; and Adrien Jean Le Mayeur, known for his languid portraits of Balinese women.

Agung Rai feels that

Art is very private matter. It depends on what is displayed, and the spiritual connection between the work and the person looking at it. People have their own opinions, they may or may not agree with my perceptions.

He would like to encourage visitors to learn about Balinese and Indonesian art, ant to allow themselves to establish the “purity in the connection” that he describes. He hopes that his collection will de considered a resource to be actively studied, rather than simply passively appreciated, and that it will be enjoyed by artists, scholars, visitors, students, and schoolchildren from Indonesia as well as from abroad.

Abby C. Ruddick, Phd
“SELECTED PAINTINGS FROM THE COLLECTION OF THE AGUNG RAI FINE ART GALLERY”


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