levels to manage $META into its earningHere's a quick summary of the latest news about Meta this week:
1. **Llama 3 400B Release**: Meta is set to release the Llama 3 400B AI model next week. This model is expected to outperform competitors like Google's Gemma and Anthropic's Claude Sonnet¹.
2. **Stock Performance**: Meta Platforms' stock hit a 52-week high of $542.81 on July 8th, closing at $529.32. This marks a significant year-to-date increase of 49.5%².
3. **Mass Layoffs**: Meta is reportedly planning mass layoffs, which will impact thousands of employees. This would be the largest round of layoffs in the company's history⁶.
Is there a specific aspect of Meta's news you'd like to dive deeper into?
Source: Conversation with Copilot, 7/18/2024
(1) Meta to drop Llama 3 400b next week — here’s why you should care. www.msn.com
(2) Meta Platforms Hits 52-Week High: What's Next for META Investors?. markets.businessinsider.com
(3) Meta is reportedly announcing mass layoffs this week. mashable.com
(4) Apple, Microsoft, Meta, Google Stocks Hit 52-Week Highs: Which Is The Best Investment?. markets.businessinsider.com
(5) Meta Platforms, Inc. (META) Latest Stock News & Headlines - Yahoo Finance. finance.yahoo.com
(6) Latest Meta Company News | Meta - About Facebook. about.fb.com