Facebook parent Meta Platforms (META) and home improvement retailer Lowe’s Companies (LOW) have just made huge metaverse announcements that have caught the attention of investors.
The metaverse economy is estimated to be worth $8 trillion. Meta has made the metaverse its focus, with a plan to spend as much as $10 billion on those efforts. However, Lowe’s move is a little surprising.
In this video, we discuss what Meta Platforms and Lowe’s are up to in the metaverse. Further into the video, we will also take a look into what TipRanks analysts think about these stocks.