Meta Platforms, Inc. Class A logo

Meta Platforms, Inc. Class A (META)

Market Closed
2 Jul, 20:00
NASDAQ (NGS) NASDAQ (NGS)
$
713. 57
-5.65
-0.79%
$
1.84T Market Cap
29.59 P/E Ratio
2% Div Yield
9,154,005 Volume
14.35 Eps
$ 719.22
Previous Close
Day Range
712.8 720.3
Year Range
442.65 747.9
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Earnings results expected in 27 days
Meta's Mark Zuckerberg unveils AI ‘Superintelligence Labs' in restructuring as shares hit record high

Meta's Mark Zuckerberg unveils AI ‘Superintelligence Labs' in restructuring as shares hit record high

Meta boss Mark Zuckerberg on Monday unveiled a restructuring of the company's artificial intelligence team as it pursues what he dubbed “superintelligence” – and Wall Street cheered by sending the company's stock to an all-time high.

Nypost | 2 days ago
Meta deepens AI push with 'Superintelligence' lab, source says

Meta deepens AI push with 'Superintelligence' lab, source says

Meta CEO Mark Zuckerberg has reorganized the company's artificial intelligence efforts under a new division called Meta Superintelligence Labs, according to a source on Monday.

Reuters | 2 days ago
2 AI Stocks Shaking Up the Industry Today

2 AI Stocks Shaking Up the Industry Today

Meta Platforms Inc (NASDAQ:META) stock hit a record high of $747.90 today, after news that the tech giant ramped up its artificial intelligence (AI) efforts.

Schaeffersresearch | 2 days ago
Meta restructures its AI unit under ‘Superintelligence Labs'

Meta restructures its AI unit under ‘Superintelligence Labs'

Meta CEO Mark Zuckerberg is restructuring the company's AI efforts to center around building  AI “superintelligence.”

Techcrunch | 2 days ago
Meta: Seizing A Golden Opportunity

Meta: Seizing A Golden Opportunity

Meta's AI strategy looks well-rounded as the company successfully balances between internal R&D, CapEx, talent acquisition, and M&A. Meta's financial strength is evident in its fortress-like balance sheet, prudent capital allocation, and robust free cash flow margins. My valuation analysis suggests the stock is currently undervalued by 15%, presenting a golden opportunity to invest in this AI powerhouse.

Seekingalpha | 3 days ago
Meta reportedly hires four more researchers from OpenAI

Meta reportedly hires four more researchers from OpenAI

Looks like Meta isn't done poaching talent from OpenAI.

Techcrunch | 4 days ago
Meta hires four more OpenAI researchers, The Information reports

Meta hires four more OpenAI researchers, The Information reports

Meta Platforms is hiring four more OpenAI artificial intelligence researchers, The Information reported on Saturday.

Reuters | 4 days ago
Meta Platforms (Nasdaq: META) CEO Mark Zuckerberg Goes All-In On AI

Meta Platforms (Nasdaq: META) CEO Mark Zuckerberg Goes All-In On AI

Meta (NASDAQ: META) is aggressively ramping up AI efforts by investing $15 billion in Scale AI and personally recruiting a top-tier “super intelligence” team, signaling a strategic push to catch up in foundational model development.

247wallst | 4 days ago
Meta Won Its AI Fair Use Lawsuit, but Judge Says Authors Are Likely 'to Often Win' Going Forward

Meta Won Its AI Fair Use Lawsuit, but Judge Says Authors Are Likely 'to Often Win' Going Forward

Meta's victory came two days after Claude maker Anthropic won a similar case.

Cnet | 4 days ago
Meta is offering multi-million pay for AI researchers, but not $100M ‘signing bonuses'

Meta is offering multi-million pay for AI researchers, but not $100M ‘signing bonuses'

Meta is definitely offering hefty multi-million-dollar pay packages to AI researchers when wooing them to its new Superintelligence Lab. But no one is really getting a $100 million “signing bonus,” according to a poached researcher and comments from a leaked internal meeting.

Techcrunch | 5 days ago
Meta buys over 1 GW of renewables to power its data centers

Meta buys over 1 GW of renewables to power its data centers

Meta bolstered its already considerable renewable power portfolio this week with string of deals that added over 1 gigawatt of generating capacity.

Techcrunch | 5 days ago
Meta in talks to acquire voice cloning startup Play AI

Meta in talks to acquire voice cloning startup Play AI

Alongside bolstering its AI research talent pool, Meta seems to be keen to flesh out its consumer-facing AI features. The company is in discussions to acquire a voice cloning startup called Play AI, Bloomberg reported, citing anonymous sources.

Techcrunch | 5 days ago
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