Meta's Trading Volume Surges to $104.46 Billion Ranking Seventh in Market Activity

Generated by AI AgentAinvest Volume Radar
Friday, May 30, 2025 8:45 pm ET1min read

On May 30, 2025, Meta's trading volume reached $104.46 billion, marking an 82.1% increase from the previous day and ranking seventh in the day's stock market activity. Meta's stock price rose by 0.38%, marking the fourth consecutive day of gains and a total increase of 3.26% over the past four days.

Meta has entered into a partnership with Anduril Industries, a defense firm, to develop extended reality (XR) devices for the U.S. military. This collaboration is part of the Soldier Borne Mission Command (SBMC) Next program, which aims to provide soldiers with advanced mixed reality glasses. The devices will utilize technology from Meta's AR/VR research center, Reality Labs, and Anduril's command and control software, Lattice, to offer real-time battlefield intelligence.

This partnership is significant for

, as it allows the company to tap into the potentially lucrative market of military VR/AR/XR headsets. The collaboration also marks a reconciliation between Meta and Palmer Luckey, the co-founder of Anduril, who was previously fired from Facebook in 2017. Luckey's involvement in the project highlights his continued influence in the tech industry and his commitment to advancing military technology.

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