Meta and Microsoft Lead Push into Virtual Reality and Metaverse Technologies
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Meta Platforms (META) has evolved into a top-tier name for virtual reality stocks through its Oculus division and metaverse pivot.
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Microsoft (MSFT) is pushing into the virtualization space through its Xbox video game console and acquisition of Activision Blizzard.
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Microsoft's HoloLens has implications for training and planning in manufacturing, engineering, construction, healthcare and education.
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Unity Software (U) enables the design, prototyping and deployment of applications across mediums including VR headsets.
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Analysts are cautiously optimistic on Unity, rating shares a moderate buy with 24% upside potential.