Metaverse has become the future of technology, so it will be important to closely monitor the stocks of companies specialized in this field in the coming period.
In his article published by the American "Investorplace" website, writer Faizan Farouk says that metavirs is one of the promising markets in today's economy.
This means that any company should benefit from this revolutionary change by owning a stake in this virtual world.
Therefore, if you want to ensure that your investment portfolio is updated, you should make sure to diversify your stocks by investing in the following companies:
Meta Platforms
Mark Zuckerberg decided to rename Facebook to Meta to reflect the company's focus on virtual reality and metaverse.
Meta Platforms has promised to allocate $10 billion to develop metaverses.
It has recently obtained several patents related to bio-data technology from users of the virtual reality world.
Meta Corporation is currently working on two major VR fronts, metaverse and an external gaming platform.
This platform includes the company's subsidiaries: Oculus and Horizon, and plans to make money with advertising and marketing revenue streams for Metaverse.
The past few weeks have been tough for Meta, as it faced a series of scandals in the Wall Street Journal, had to deal with whistleblowers, and the company is now in dire need of a Metaverse push.
Given the additional value that Metaverse shares could add, Facebook would benefit from this momentum.
Unity Software
Unity is a flexible and easy-to-use video game engine that can be customized to meet the needs of any designer, allowing companies from different industries to reach out into this world and create new experiences for their customers.
Unity recently bought Oscar-winning special effects company Weta Digital, highlighting how the company gives its users the same magical powers that director Peter Jackson used with artificial intelligence in The Lord of the Rings.
Unity reported a fourth-quarter loss of $162 million, compared to the same period last year when it saw a loss of $83 million.
In contrast, its revenue jumped to $315.9 million from $220.3 million last year.
According to the company, the transition from 2D graphics to 3D graphics offers an opportunity for growth.
"Roblox"
ROBLOX has established itself as a successful gaming platform thanks to its unique and creative approach to development, allowing users to create and play worlds online, becoming the first major company to launch a public platform for this purpose.
This game simulates world-building games such as Fortnite and Minecraft, and this platform also allows players to use coins to purchase many items in the game, such as houses and clothes.
It made deals with several major brands, such as Nike and the National Football League.
Over the past few months, the number of Roblox users has decreased compared to last year.
In the long term, this platform wants to ensure that it can attract teens by providing opportunities to learn game development skills.
Unsurprisingly, the shares of this platform are the most prominent in the metaverses.
Autodesk
Founded in 1982, Autodesk is a leading computer-aided design software company used to design buildings and goods from one central location.
The company is focused on developing products that are flexible enough for a wide variety of people, from architects and designers, to students and hobbyists.
More than 100 million people use its platform as a way to unleash their creativity.
Building and engineering software is not only used by architects, but also by companies from various industries.
Engineers use Autodesk software to build virtual models and create virtual reality experiences.
A large portion of Autodesk's revenue comes from building programs that help designers design buildings.
The company also provides a variety of products including tools used to create digital 3D animation, virtual reality and augmented reality experiences.
Nvidia
Founded in 1993, NVIDIA Corporation is one of the largest companies that specialize in designing GPUs to power high-end gaming PCs.
Since its inception, NVIDIA has been among the world's leading companies in visual computing.
The company is the main supplier of artificial intelligence tools that companies have used to develop self-driving cars and facial and voice recognition software.
Its hardware is also used in server computing, supercomputers, and artificial intelligence.
It is also very common for AI and Virtual Reality experts to use its processors.
The need for virtual and augmented reality for a large amount of processing power in the future will enhance the role of products manufactured by NVIDIA.
Microsoft
Microsoft stock has always been an excellent investment;
Because its value has been on the rise since its initial public offering in 1986, it has achieved positive growth in the past few years, and continues to grow thanks to its innovative products and services.
The technology giant has enormous financial resources, and its shares can be considered one of the best investments in the market.
In a move that will make video game fans everywhere rejoice, Microsoft has acquired global gaming company Activision Blizzard.
This acquisition, in a deal worth $70 billion, is supposed to positively affect Microsoft stock holders and increase their profits in the future.
Since this deal is new, there are still many unknowns, however the agreement remains intriguing, as Microsoft announced that the major acquisition will give the company an edge in the ever-changing metaverse.
Indeed, Microsoft's Teams and Zoom applications are forms of metaviruses, so Microsoft is working extensively on these services, making metaverses a natural transition for the company.
Moreover, Microsoft has been able to adapt to changing times and maintain its position as a leader in the technology industry, and thanks to its investments in artificial intelligence, cloud computing and mixed reality it is moving confidently into the future, and investing in Metaverse is a step in the right direction.
"Fastly"
Fastly is one of the fastest growing content delivery networks in the world, the company offers excellent results to its clients with good financial profits and strong fundamentals, the company has grown rapidly in recent years and will continue to do so in the future.
Fastly shares saw a massive increase last November when its latest results were announced, raising $87 million in revenue during the fourth quarter, up 23% from last year.
The number of Fastly Corporation clients increased from 408 to 430, while the total number of clients jumped to 2,581. According to CEO Joshua Bixby, the company is very happy to have its clients back on its platform after an eventful hiatus in the second quarter of the year, and says the company has dissolved All its problems and top users have returned to its platform.
Qualcomm
Qualcomm is a global semiconductor company and the world's largest maker of mobile chips.
The company owns a large market share and has been able to maintain its leading position;
Because it was the first to introduce a new technology in the mobile phone market, its processing units are also used in the smartphone industry on a large scale for years.
Qualcomm is a pioneer in this field and, in its current position, has a great opportunity to expand its reach through the world of metaverse, knowing that such technologies are critical to making this concept a reality.