Why Meta Wants Microsoft's Help in Virtual Reality

By Travis Hoium – Oct 26, 2022 at 2:18PM

NASDAQ: META

Meta Platforms

Market Cap

$1,124B

Today's Change

(0.43%) $1.91

Current Price

$443.29

Price as of April 26, 2024, 4:00 p.m. ET

Meta is spending billions on the metaverse, but its biggest announcement may have been a partnership with Microsoft.

Meta Platforms (META 0.43%) surprised the world when it announced a partnership with Microsoft (MSFT 1.82%) in VR. But the partnership makes a lot of sense for both companies.

Why is Microsoft now the better stock to buy for the metaverse? Travis Hoium explains in the video below.

*Stock prices used were end-of-day prices of Oct. 20, 2022. The video was published on Oct. 26, 2022.

Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool's board of directors. Travis Hoium has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Meta Platforms, Inc. and Microsoft. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.