Meta Platforms Inc Class A (META)
Chance of AI market correction is 'pretty high,' says ex-Meta exec Nick Clegg as he pushes back on superintelligence
Former Meta executive and British politician Nick Clegg sat down with CNBC's Arjun Kharpal for "Squawk Box Europe" on Wednesday. "There's just absolute spasm of almost daily, hourly, deal making" in AI, he said.
Meta Platforms (META) Beats Stock Market Upswing: What Investors Need to Know
Meta Platforms (META) closed the most recent trading day at $717.55, moving +1.26% from the previous trading session.
Meta scales AI efforts with $1.5B Texas data center investment, expanded partnership with Arm
Meta Platforms Inc (NASDAQ:META, ETR:FB2A, SWX:FB) is planning a $1.5 billion investment in an AI-focused data center in Texas, part of a broader effort to develop extensive AI infrastructure across the United States, the company announced on Wednesday. The Texas facility is one of several locations under consideration, including Louisiana and Wyoming, with potential total investments reaching up to $200 billion.
Meta partners up with Arm to scale AI efforts
Semiconductor design company Arm is partnering up with Meta to enhance the social media giant's AI systems amid an unprecedented infrastructure buildout. Under the partnership, Meta's ranking and recommendation systems will move to Arm's Neoverse platform, which was recently optimized for AI systems in the cloud, among other implementations.
Meta commits $1.5 billion for AI data center in Texas
Meta Platforms said on Wednesday it would invest $1.5 billion in a data center in Texas, breaking ground at its 29th such facility globally, as the social media giant expands infrastructure to support artificial intelligence workloads.
Facebook brings back job listings in the US
Three years after removing its job listings feature, Facebook is bringing it back to users in the U.S., focusing on helping people find local jobs in entry-level, trade, and service sectors.
What's Behind The 40% Rise In META Stock?
META's stock has seen a solid 43% rise in the last six months. This growth is primarily fueled by a mix of factors, including upbeat quarterly performance and significant AI investments that boosted the core advertising business, leading to a rise in ad impressions and ad prices.
Meta Platforms, Inc. (META) is Attracting Investor Attention: Here is What You Should Know
Recently, Zacks.com users have been paying close attention to Meta Platforms (META). This makes it worthwhile to examine what the stock has in store.
This This AI Stock Up Next For a Stock Split?
Stock splits don't create any value whatsoever, but when they are announced, they tend to attract considerable attention from retail investors.
Ray Dalio Is Betting Big On These Tech Stocks
When billionaire Ray Dalio talks, investors listen. Founder of the hedge fund Bridgewater Associates, Dalio has made moves that have generated impressive returns over the years.
Meta Platforms: Healthy Fundamentals, Rare Technical Setup
Meta Platforms has outperformed peers YTD, with a modest valuation and technical indicators signaling a potential buying opportunity. Q2 revenue rose 22% to $47.5B, driven by higher ad impressions and pricing; net income jumped 36% year-over-year. Reality Labs continues to post significant losses, but management remains committed to innovation in smart glasses despite investor discomfort.
Is Meta's stock in trouble? OpenAI's new app has Wall Street worried.
OpenAI's Sora app could fundamentally change the social-media landscape and leave Meta scrambling to catch up.
