OpenAI's $157 Bln Valuation Requires Hand Waving [Seeking Alpha]
Meta Platforms, Inc. - Class A (META)
Company Research
Source: Seeking Alpha
Lipper Alpha Insight 2.73K Follower s Follow Play 5min Summary OpenAI estimates revenue will triple next year to $11.6 billion, and Altman thinks revenue could reach $100 billion by 2029. OpenAI expects to lose around $5 billion this year, or over $1 billion more than the revenue it will pull in. Competition is fierce, with Alphabet, Microsoft, Meta, and numerous startups pouring money into developing the most advanced AI models. D-Keine By Breakingviews It's possible OpenAI is worth $157 billion ; it just requires a bit of hand waving. Technology giants, venture capital firms, and the usual suspects in the hedge fund and investment world piled into the company started by Sam Altman to give the artificial intelligence company $6.6 billion in new funding. Assuming these investors want a return commensurate with risk, say 20% annually for a decade, OpenAI's value needs to grow to $1 trillion. That doesn't immediately compute. OpenAI estimates revenue will triple
Show less
Read more
Impact Snapshot
Event Time:
META
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
META alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
META alerts
High impacting Meta Platforms, Inc. - Class A news events
Weekly update
A roundup of the hottest topics
META
News
- Mark Zuckerberg surpasses Jeff Bezos to become world's second-richest person [Yahoo! Finance]Yahoo! Finance
- Top Europe court rules against Meta Platforms on ad data retention [Seeking Alpha]Seeking Alpha
- Meta's Zuckerberg passes Jeff Bezos as world's 2nd wealthiest person [FOX Business Network]FOX Business Network
- Meta announces new AI model that can generate video with sound [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Meta faces new limits on ad-targeting in Europe as nemesis Max Schrems wins again at EU's highest court [Yahoo! Finance]Yahoo! Finance
META
Earnings
- 7/31/24 - Beat
META
Sec Filings
- 10/3/24 - Form 4
- 10/1/24 - Form 4
- 10/1/24 - Form 144
- META's page on the SEC website