Meta Platforms Inc Class A (META)
Meta Platforms (META) Reports Next Week: Wall Street Expects Earnings Growth
Meta Platforms (META) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Meta Platforms to cut 600 AI jobs in restructuring move
Meta Platforms Inc (NASDAQ:META, ETR:FB2A, SWX:FB) is expected to eliminate about 600 employee positions in its AI unit, Axios reported on Wednesday, citing a company memo. The job reduction will impact Facebook's AI Research Unit (FAIR) and other AI units, excluding the company's TBD Lab.
META Stock Is On The Edge: 3 Threats That Can Crash The Stock
META stock has a clear history of extreme stock volatility. In recent years, the stock has experienced four separate corrections where its value plummeted by over 30% in less than two months, swiftly wiping out billions in market capitalization.
META's Next Big Test: Previewing Its Fast-Approaching Q3 Earnings
Three of the world's most important tech companies will report financial results after hours, setting up the opportunity for the market to make a big move.
Meta, Blue Owl and AI: Here are the details of Wall Street's biggest private-capital deal ever
Meta and Blue Owl struck a record $27 billion joint venture for the tech giant's Hyperion data center, signaling a pivot in how Big Tech is funding its AI ambitions.
Meta partners with Blue Owl Capital on $27 billion AI data center project
Meta said Tuesday that it formed a joint venture agreement with Blue Owl Capital in a deal worth $27 billion to fund and develop the massive Hyperion data center in rural Louisiana. The asset management firm will own 80% in the joint venture, while Meta will retain a 20% stake and oversee the construction and property management services of the data center.
Meta Platforms analysts see Q3 beat on AI, higher ad spending
Bank of America analysts expect Meta Platforms Inc (NASDAQ:META, ETR:FB2A, SWX:FB)'s upcoming third quarter financial results to surpass Wall Street expectations, with potential upside being driven by an improving macroeconomic environment, accelerating AI benefits, and higher advertising sector spending. In a note to clients on Tuesday, the analysts stated that they expect Meta to report Q3 revenue of $50 billion along earnings per share of $7.30, beating the analyst consensus forecast of $49.5 billion and $6.69, respectively.
2 Top Artificial Intelligence Stocks to Buy in October
Artificial intelligence (AI) could create substantial gains for investors in the next decade. The best thing about this opportunity is that you don't need to chase high-risk stocks to do well.
The Best Trillion-Dollar Stock to Buy Right Now, According to Wall Street
Just over seven years ago, Apple became the first trillion-dollar company. Since then, nine other publicly traded companies entered the $1 trillion club.
Meta adds parental controls for AI-teen interactions
Meta is adding parental controls for kids' interactions with artificial intelligence chatbots—including the ability to turn off one-on-one chats with AI characters altogether—beginning early next year.
Meta closes record $30 billion deal to fund giant Louisiana data centre
In a landmark transaction for the digital infrastructure sector, Meta Platforms Inc (NASDAQ:META, ETR:FB2A, SWX:FB) is finalising an almost $30 billion financing package for its vast Hyperion data centre in rural Louisiana, the largest private capital deal ever recorded. The project, based in Richland Parish, will be jointly owned by Meta and investment firm Blue Owl Capital, with the social media group retaining a 20% stake.
Meta Is Shuttering Its Messenger Apps for Mac and Windows
You've got two more months until the two apps are gone.
