US StockDetailed Quotes

Provided by Tiger Fintech (Singapore) Pte. Ltd.

Meta Platforms, Inc.

621.71

+2.770.45%

Post-market: 625.263.57+0.57%19:59 EST

Volume:29.95M

Turnover:18.32B

Market Cap:1.57T

PE:27.47

High:622.13

Open:616.49

Low:601.20

Close:618.94

52wk High:796.25

52wk Low:479.80

Shares:2.52B

Float Shares:2.16B

Volume Ratio:0.93

T/O Rate:1.38%

Dividend:2.07

Dividend Rate:0.33%

EPS(TTM):22.63

EPS(LYR):24.61

ROE:32.64%

ROA:18.01%

PB:8.07

PE(LYR):25.26

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Overview Company News Filings

Tech Stocks Plunge: $5.7 Trillion Wiped Out Amid AI Bubble Fears

Cypress Funds Llc Reduces Stake in Meta Platforms

Meta Unveils Details of $600 Billion Investment Commitment in the U.S.

The Good, The Bad, And The Ugly Of The AI Capex Race

Benzinga_recent_news

AI companies have money and momentum. But look who's stuck with their utility bill.

Meta Platforms’ $600 Billion Bet on AI and Growth

Nvidia, Meta, SharkNinja? Why All Are Winners. -- Barron's

Meta Plans $600 Billion US Spend as AI Data Centers Expand

Free-Spending Big Tech Dominates Earnings. As for the Rest: Don't Miss. -- Barrons.com

BRIEF-Meta Says Co Is Committing Over $600 Bln In U.S. By 2028

Meta Announces Plans to Invest $600 Billion in AI Infrastructure and Jobs

AI Daily: Meta commits $600B by 2028 to support AI technology

Meta Stock Is Dragged Further Into Bear Market Territory by Heavy AI Spending -- Barrons.com

Meta To Spend $600 Billion In US On AI, Aims For 'Personal Superintelligence' For Everyone

Big Tech may win reprieve as EU mulls easing AI rules, document shows

Meta commits $600B in the U.S. by 2028 to support AI technology, infrastructure

META: to invest $600 billion in US infrastructure and jobs, as well as build an AI data center

Meta: Investing $600 Billion in American Infrastructure and Jobs, Including Industry-Leading AI Data Centers.

THOMSON REUTERS

Meta: Committing Over $600 Bln in US by 2028 to Support AI Technology, Infrastructure, & Workforce Expansion

THOMSON REUTERS

Denmark set to ban social media platforms for children under 15

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Good, The Bad, And The Ugly Of The AI Capex Race","url":"https://stock-news.laohu8.com/highlight/detail?id=2582668568","media":"Benzinga_recent_news","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2582668568?lang=en_us&edition=fundamental","pubTime":"2025-11-09 01:16","pubTimestamp":1762622160,"startTime":"0","endTime":"0","summary":"Silicon Valley is investing heavily in artificial intelligence like never before.","market":"us","thumbnail":"https://cdn.benzinga.com/files/images/story/2025/11/08/AI-Bubble-Bursting-.jpeg?optimize=medium&dpr=2&auto=webp&width=240","type":0,"news_type":0,"thumbnails":["https://cdn.benzinga.com/files/images/story/2025/11/08/AI-Bubble-Bursting-.jpeg?optimize=medium&dpr=2&auto=webp&width=240"],"rights":{"source":"benzinga_recent_news","url":"https://www.benzinga.com/markets/tech/25/11/48739649/the-good-the-bad-and-the-ugly-of-the-ai-capex-race","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.benzinga.com/markets/tech/25/11/48739649/the-good-the-bad-and-the-ugly-of-the-ai-capex-race","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"benzinga_recent_news","symbols":["USAW.SI","2NVD.UK","META","NVD2.UK","NVDA","NVDY","SNVD.UK","LU0082616367.USD","LU1121112475.USD","LU1861558580.USD","NVIW.SI","NVDS","LU0308772762.SGD","LU1196500208.SGD","QID","USJW.SI","NVDX","AMZN",".IXIC","MACW.SI","LU1951200564.SGD","MSFT","GOOG","NQmain","LU0347712357.USD","LU2237443622.USD","PSQ","LU0211327993.USD","TSYW.SI","NVDU","TQQQ","AAPL","LU0879622024.SGD","NVDD","LU0211328371.USD","SQQQ","GOOGL","NVD","NVDS.UK","LU0477156953.USD","QLD","MNQmain","3NVD.UK","AI","LU0323240290.USD","NVD3.UK","LU2237443465.HKD"],"gpt_icon":1},{"id":"2582865297","title":"AI companies have money and momentum. But look who's stuck with their utility bill.","url":"https://stock-news.laohu8.com/highlight/detail?id=2582865297","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2582865297?lang=en_us&edition=fundamental","pubTime":"2025-11-09 00:56","pubTimestamp":1762620960,"startTime":"0","endTime":"0","summary":"Big Tech's data-center expansion efforts are spurring rate hikes for consumers. They don't have to stand for it.A study found that U.S. utilities have requested $29 billion in rate hikes in just the first nine months of this year.America's power grid hasn't been upgraded to withstand such intensive use.Big Tech's impact is being felt on Main Street, but not because of the latest gadget to hit the shelves. More than half of Americans are now on the hook for spending up to twice the annual rate of inflation on utility bill increases.The culprit: Big Tech's ambitious data-center expansion efforts, and tech companies' pressure on utilities to handle surging AI power demand.Big Tech is expected to shell out a record $364 billion for AI investments this year. These AI companies have vision and money from backers and venture partners. But ordinary Americans are footing their utility bill. Research from Rewiring America found that utilities have requested $29 billion in rate hikes in just the ","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["IE00BKPKM429.USD","2NVD.UK","LU2247934214.USD","LU0965509010.AUD","SG9999014906.USD","SNVD.UK","BK4549","LU0312595415.SGD","LU0784385170.HKD","LU0256863811.USD","NVDY","LU1035775433.USD","LU1935043023.USD","LU2417539215.USD","GB00B4QBRK32.GBP","3NVD.UK","LU2265009873.SGD","BK4528","NVDS","NVDA","AI","SG9999014542.SGD","NVD","LU0345769631.USD","NVDS.UK","NVD2.UK","LU0690374615.EUR","NVD3.UK","SG9999014914.USD","IE00BFSS7M15.SGD","LU2092937148.SGD","LU2756315318.SGD","LU0109392836.USD","NVIW.SI","LU1821325948.USD","META","NVDU","LU2413666699.HKD","LU0786609619.USD","NVDD","NVDX","LU0444971666.USD","SG9999011175.SGD","LU0784384876.USD","LU1066051811.HKD","LU2065170008.USD","LU1506573853.SGD"],"gpt_icon":1},{"id":"2581863292","title":"Meta Platforms’ $600 Billion Bet on AI and Growth","url":"https://stock-news.laohu8.com/highlight/detail?id=2581863292","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2581863292?lang=en_us&edition=fundamental","pubTime":"2025-11-08 23:01","pubTimestamp":1762614103,"startTime":"0","endTime":"0","summary":"Meta Platforms ( ($META) ) has been popular among investors this week. Here is a recap of the key news on this stock. Meta Platforms is making a bo...","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/weekend-updates/meta-platforms-600-billion-bet-on-ai-and-growth?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/weekend-updates/meta-platforms-600-billion-bet-on-ai-and-growth?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"2","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["BK4548","LU0648001328.SGD","LU0256863902.USD","BK4551","BK4587","LU0823421333.USD","LU1301847155.USD","LU0683600562.USD","LU2764262908.HKD","SG9999015952.SGD","LU1642822529.SGD","LU1732799900.SGD","LU2592432038.USD","LU1732800096.USD","LU0985489474.SGD","LU2357305700.SGD","FB","LU2420271590.USD","LU2317271919.USD","LU2552382058.USD","LU0265550946.USD","LU1489326972.SGD","LU0444973449.USD","LU1861558580.USD","LU0320765489.SGD","GB00BDT5M118.USD","LU1564329461.SGD","LU0127658192.USD","GB00B4LPDJ14.GBP","IE00B7SZLL34.SGD","LU1699723380.USD","LU1917777945.USD","LU1992135472.HKD","LU2381873111.SGD","SG9999015945.SGD","LU1066051498.USD","LU0786609619.USD","LU0823434740.USD","LU0943347566.SGD","META","LU0823421416.USD","LU0096362180.USD","LU1235294995.USD","LU0267386448.USD","LU0354030438.USD","LU2404859741.USD","IE00BQXX3D17.EUR","LU2168564149.EUR","LU1815333072.USD","IE00B1XK9C88.USD"],"gpt_icon":0},{"id":"2581345855","title":"Nvidia, Meta, SharkNinja? Why All Are Winners. -- Barron's","url":"https://stock-news.laohu8.com/highlight/detail?id=2581345855","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2581345855?lang=en_us&edition=fundamental","pubTime":"2025-11-08 10:31","pubTimestamp":1762569060,"startTime":"0","endTime":"0","summary":"Sonu Kalra has built a stellar record as manager of the Fidelity Blue Chip Growth fund. He calls ChatGPT's 2022 launch AI's \"iPhone moment.\" By Reshma Kapadia. Sonu Kalra has managed the Fidelity Blue Chip Growth fund since 2009. Today, the $88 billion fund is filled with the bull market's winners, including Magnificent Seven stocks such as Amazon.com, Alphabet, Meta Platforms, Microsoft, and Nvidia. Although Kalra is constantly on the lookout for developments that could interrupt the growth of artificial intelligence, which has propelled many of these companies and their shares, he believes that it's early days for the technology, and the stocks have much further to run.Kalra often scouts for investment ideas and battle-tests them by monitoring the habits of his teenage children. \"I'm a big believer that the future is being shaped by younger consumers who are early adopters of technology and trends that can drive sustained growth,\" he says.Barron's spoke with Kalra in early October an","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["NVDD","IE00BKVL7J92.USD","LU0788109477.HKD","LU1267930227.SGD","LU2461242641.AUD","NVD3.UK","LU0345769631.USD","LU1430594728.SGD","NVDY","3NVD.UK","LU0949170426.SGD","SGXZ99366536.SGD","USJW.SI","LU2463028550.USD","2NVD.UK","NVDX","NVIW.SI","IE00BD6J9T35.USD","AI","NVD","IE00B7SZLL34.SGD","NVDU","LU0738911758.USD","LU0433182093.SGD","NVD2.UK","LU0823414551.USD","LU1718418525.SGD","META","BK4220","LU0385154629.USD","SNVD.UK","LU0342679015.USD","LU1633808545.USD","USAW.SI","FB","LU0211331839.USD","LU0203347892.USD","LU1066051225.USD","BK4077","WMT","COST","SN","LU2211815571.USD","NVDS","NVDA","NVDS.UK"],"gpt_icon":1},{"id":"2581838752","title":"Meta Plans $600 Billion US Spend as AI Data Centers Expand","url":"https://stock-news.laohu8.com/highlight/detail?id=2581838752","media":"Reuters","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2581838752?lang=en_us&edition=fundamental","pubTime":"2025-11-08 06:45","pubTimestamp":1762555550,"startTime":"0","endTime":"0","summary":"Nov 7  - Meta Platforms META.O on Friday said it will invest $600 billion in U.S. infrastructure and jobs over the next three years, including artificial intelligence data centers, as the social media giant races to build infrastructure to power its AI ambitions.Meta has doubled down on AI, with a target of achieving superintelligence, a theoretical milestone where machines outthink humans.It has pledged hundreds of billions of dollars to build several large AI data centers and plans bigger outlays to meet compute needs.","market":"fut","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251107:nL4N3WJ1JY:1","is_publish_highlight":true,"source_rank":0,"column":"","sentiment":"1","news_top_title":"Meta Plans $600 Billion US Spend as AI Data Centers Expand","news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["META"],"gpt_icon":0},{"id":"2581048836","title":"Free-Spending Big Tech Dominates Earnings. As for the Rest: Don't Miss. -- Barrons.com","url":"https://stock-news.laohu8.com/highlight/detail?id=2581048836","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2581048836?lang=en_us&edition=fundamental","pubTime":"2025-11-08 04:22","pubTimestamp":1762546920,"startTime":"0","endTime":"0","summary":"Four times a year, America's publicly traded companies line up for a dunk contest on lowered rims called earnings season. The latest has gone even better than usual -- despite this past week's skittish market.Wall Street analysts had reduced their third-quarter earnings growth forecast for S&P 500 companies from 13% at the beginning of the year to 8% by the end of September. Estimate-trimming is standard procedure for setting up positive \"surprises\" come reporting time, but analysts must have taken too much off. Earnings beats have hit a four-year high in prevalence and size. The quarter is tracking toward 13% earnings growth.I recently ran my own screen for earnings-day drama by focusing only on price reactions, which are often more telling than whether earnings topped forecasts. Among companies large and small in the S&P Composite 1500 that have reported since the start of October, I found 106 with double-digit percentage gains and 115 with double-digit declines, many having little 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Says Co Is Committing Over $600 Bln In U.S. By 2028","url":"https://stock-news.laohu8.com/highlight/detail?id=2581835300","media":"Reuters","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2581835300?lang=en_us&edition=fundamental","pubTime":"2025-11-08 03:03","pubTimestamp":1762542189,"startTime":"0","endTime":"0","summary":"BRIEF-Meta Says Co Is Committing Over $600 Bln In U.S. By 2028 Nov 7  - Meta Platforms Inc META.O:META: INVESTING $600 BILLION IN AMERICAN INFRASTRUCTURE AND JOBS, INCLUDING INDUSTRY-LEADING AI DATA CENTERS.META: COMMITTING OVER $600 BILLION IN US BY 2028 TO SUPPORT AI TECHNOLOGY, INFRASTRUCTURE, & WORKFORCE EXPANSIONFurther company coverage: META.O 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Announces Plans to Invest $600 Billion in AI Infrastructure and Jobs","url":"https://stock-news.laohu8.com/highlight/detail?id=2581835312","media":"TIPRANKS","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2581835312?lang=en_us&edition=fundamental","pubTime":"2025-11-08 02:49","pubTimestamp":1762541385,"startTime":"0","endTime":"0","summary":"Social media firm Meta Platforms ($META) announced that it plans to invest $600 billion in U.S. infrastructure and jobs over the next three years, 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Daily: Meta commits $600B by 2028 to support AI technology","url":"https://stock-news.laohu8.com/highlight/detail?id=2581332108","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2581332108?lang=en_us&edition=fundamental","pubTime":"2025-11-08 02:31","pubTimestamp":1762540269,"startTime":"0","endTime":"0","summary":"Catch up on the top artificial intelligence news and commentary by Wall Street analysts on publicly traded companies in the space with this daily 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Stock Is Dragged Further Into Bear Market Territory by Heavy AI Spending -- Barrons.com","url":"https://stock-news.laohu8.com/highlight/detail?id=2581833696","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2581833696?lang=en_us&edition=fundamental","pubTime":"2025-11-08 02:17","pubTimestamp":1762539420,"startTime":"0","endTime":"0","summary":"Meta Platforms shares extended their post earnings slump in early Friday trading, dragging the Facebook parent into a mini-bear market decline that echoes larger concerns over artificial intelligence spending.Meta shares have also fallen more than 20% on an intraday basis since last Wednesday, when the company posted a mixed set of third-quarter earnings. It officially entered bear market territory earlier this week.Operationally, Meta appeared to be firing on all cylinders: its much-maligned Reality Labs division saw a 270% increase in revenue, although it still booked a $4.4 billion loss.Overall ad revenue were up 26% from last year, coming in a record $50.1 billion, while metrics measuring time spent on Facebook, Instagram and Threads were all notably higher.Meta shelled out $18.8 billion over the three months ending in September, more than double the tally for the same period last year, and told investors to expect a full-year figure as high as $72 billion.Meta's overall expenses a","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["AI","LU2237443978.SGD","LU0109391861.USD","LU2097829019.USD","LU2360032135.SGD","LU0211327993.USD","LU1201861165.SGD","LU2361044865.SGD","LU2322448957.HKD","IE00BKVL7J92.USD","IE00BQXX3C00.GBP","LU1670711040.USD","LU0109392836.USD","LU2237443622.USD","USAW.SI","LU2543165471.USD","LU2362541513.USD","LU0128525689.USD","LU1989764748.USD","LU2236285917.USD","LU2491050071.SGD","LU1232071149.USD","LU1084165304.USD","LU0097036916.USD","FB","LU2471134952.CNY","LU0011850046.USD","LU1201861249.SGD","LU2361045086.USD","LU0234572021.USD","LU2764263039.SGD","LU2491049909.HKD","LU0215105999.USD","LU2362541273.HKD","LU0719512351.SGD","LU1551013425.SGD","LU2065169927.USD","META","LU0320765059.SGD","LU0130103400.USD","LU0158827781.USD","LU2317271919.USD","IE00BQXX3D17.EUR","LU1267930730.SGD","LU1267930573.SGD","USJW.SI","LU1803068623.USD"],"gpt_icon":1},{"id":"2581783398","title":"Meta To Spend $600 Billion In US On AI, Aims For 'Personal Superintelligence' For Everyone","url":"https://stock-news.laohu8.com/highlight/detail?id=2581783398","media":"Benzinga","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2581783398?lang=en_us&edition=fundamental","pubTime":"2025-11-08 02:05","pubTimestamp":1762538700,"startTime":"0","endTime":"0","summary":"Meta Platforms Inc investing $600 billion in US to strengthen AI leadership, creating jobs and promoting responsible construction and environmental stewardship.","market":"us","thumbnail":"https://cdn.benzinga.com/files/images/story/2025/11/07/Meta-Platforms-Inc--META.jpeg?optimize=medium&dpr=2&auto=webp&width=260","type":0,"news_type":0,"thumbnails":["https://cdn.benzinga.com/files/images/story/2025/11/07/Meta-Platforms-Inc--META.jpeg?optimize=medium&dpr=2&auto=webp&width=260"],"rights":{"source":"benzinga_hot_news","url":"https://www.benzinga.com/markets/tech/25/11/48728638/meta-to-spend-600-billion-in-us-on-ai-aims-for-personal-superintelligence-for-everyone","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.benzinga.com/markets/tech/25/11/48728638/meta-to-spend-600-billion-in-us-on-ai-aims-for-personal-superintelligence-for-everyone","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"2","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"benzinga_hot_news","symbols":["LU0203201768.USD","LU1699723380.USD","LU0784385840.USD","LU1935043536.SGD","LU2213496289.HKD","LU2237443895.HKD","LU0256863902.USD","IE00BQXX3C00.GBP","LU2023250504.SGD","IE0034235303.USD","AI","LU1037948897.HKD","LU1037948541.HKD","LU1934455277.USD","SG9999000418.SGD","SG9999015978.USD","LU1119994496.HKD","LU0127658192.USD","LU0211328371.USD","LU0353189680.USD","BK4592","META","IE00BQXX3D17.EUR","LU1791710582.SGD","LU0149725797.USD","GB00B4QBRK32.GBP","LU0882574139.USD","LU1934455194.USD","IE00B5TLWC47.USD","IE00BQXX3F31.USD","LU2764262908.HKD","LU1244550221.USD","LU1804176565.USD","LU1815336760.USD","LU0158827781.USD","LU2063271972.USD","LU0198837287.USD","LU1917777945.USD","LU0784383803.USD","LU1720051017.SGD","LU1791710400.SGD","LU1242518931.SGD","LU0820561909.HKD","FB","LU0557290698.USD","LU1121112475.USD","LU0056508442.USD","USJW.SI"],"gpt_icon":1},{"id":"2581384308","title":"Big Tech may win reprieve as EU mulls easing AI rules, document shows","url":"https://stock-news.laohu8.com/highlight/detail?id=2581384308","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2581384308?lang=en_us&edition=fundamental","pubTime":"2025-11-08 01:44","pubTimestamp":1762537456,"startTime":"0","endTime":"0","summary":"Big Tech may win reprieve as EU mulls easing AI rules, document shows By Foo Yun CheeBRUSSELS, Nov 7 (Reuters) - 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set to ban social media platforms for children under 15","url":"https://stock-news.laohu8.com/highlight/detail?id=2581882791","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2581882791?lang=en_us&edition=fundamental","pubTime":"2025-11-07 23:59","pubTimestamp":1762531190,"startTime":"0","endTime":"0","summary":"Denmark set to ban social media platforms for children under 15COPENHAGEN, Nov 7  - Denmark will ban the use of social media for children under the age of 15, the Danish government said on Friday, although parents will be allowed to give dispensation for youngsters down to the age of 13 to access certain platforms.The move follows Prime Minister Mette Frederiksen's call in her opening speech to parliament last month for social media restrictions for children due to concerns over youth mental health.\"The so-called social media thrive on stealing our children's time, childhood and well-being and we are putting a stop to that now,\" Digitalization Minister Caroline Stage Olsen said.A majority of parties in parliament said they would back the plan ahead of a formal vote.The platforms most used by children in Denmark include Snapchat, YouTube, Instagram and TikTok, the government said.According to an analysis from the Danish competition and consumer authority from February this year, 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