Meta Platforms stock, the only on in the Magnificent Seven in positive territory this year, still faces risks on the regulatory and economic fronts.
If the market recovery continues, internet stocks like Meta Platforms will likely lead the way higher.
Two former Meta artificial intelligence executives have raised $15 million for Yutori, a startup that will develop AI personal assistants, the company said on Thursday.
Like many companies, Meta Platforms (META -2.42%) started 2025 splendidly, performing well through the first few weeks of the year. And like many of its peers, the tech giant's shares have dipped in the past month due to a combination of factors, with President Trump's trade wars playing a prominent role.
"Volatility is a trader's best friend," says Bob Lang, and he believes there's still enough of it for investors to load up their portfolios. Despite the lingering April 2nd tariff deadline, Bob argues its impact won't be as significant as investors think.
Shares of Meta Platforms Inc. (NASDAQ: META) fell by -2.00% during a.m.
Italy has handed tax demands to Meta , X and LinkedIn in the last formal step in an unprecedented VAT claim against the U.S. tech giants that could have repercussions across the European Union, four sources with direct knowledge of the matter said on Wednesday.
Key Points A Reddit user is concerned he is going to be laid off from his $700K job. He’s considering relocating, but he likely should keep his high paying job as long as he can. Shoring up his finances and starting to network for other work could help him maintain financial stability. Earn up to 3.8% on your money today (and get a cash bonus); click here to see how. (Sponsored) A Canadian working at a FAANG (Facebook, Amazon, Apple, Netflix, Google) job is currently making $700K per year while his pregnant wife stays home with the couple’s toddler. Unfortunately, as he posted on Reddit, he’s worried about potential layoffs at his company. He wasn’t given a promotion this year as the company was laying people off, and he’s also been unable to get a visa due to the layoffs. He’s also concerned that his temporary visa could be ended because of a potential trade war between the U.S. and Canada. Given the uncertainty about his professional future, he’s trying to decide what to do. He’s thinking about potentially selling his houses in the U.S. at a small loss and resettling in Canada; about paying down his mortgage so he’d earn enough rent to cover it and temporarily going to Canada or India and renting until things stabilize in the U.S.; or about just trying to hold on at work while expanding his emergency fund. So, what’s the best approach for him to deal with his current workplace uncertainty? Shoring up his finances and work skills could be a good option While the Reddit user may be worried about future layoffs, the fact is that he has not been laid off yet — and he is still making a $700K per year income. Giving up that job in anticipation of a possible layoff that may never come would likely be a foolish move. Instead, he can focus on making himself as indispensable as possible at work. While this may not guarantee he won’t be laid off, it still gives him a better shot at staying on the job and continuing to earn great pay. He can also start polishing up his resume, networking, and making professional connections. With a FAANG job as part of his employment history, he may easily be able to find other work in the U.S. even if he is laid off from his current position. This could help him to avoid having to sell his houses and disrupt his family just because of short-term economic issues. Regardless, since his job is uncertain, shoring up his financial situation would be a smart move. He should throw as much money as possible into a high-yield savings account right now. That way, this money will be there for him to live on temporarily if he loses his job. If he does end up having to move back to Canada because of problems with his visa resulting from a trade war, it would also be helpful to have these extra funds to pay for any costs. Since he really can’t predict the future, taking these steps to be as financially secure as possible, while keeping his high-paying job for as long as he can, should help set him up for a more secure future. A financial advisor can also help him find ways to free up more money to save and can also work with him to make different contingency plans and understand how they would impact his finances, so getting this professional advice would likely be a smart choice given the uncertainty of his ongoing situation. The post I make $700k at a FAANG company but layoffs are coming – should I sell my U.S. homes and head back to Canada? appeared first on 24/7 Wall St..
The U.S. equity market began 2025 on a positive note, with the S&P 500 index increasing nearly 2.8% in January 2025. Market sentiment was largely optimistic, fueled by strong earnings from artificial intelligence (AI)-powered companies and optimism about a resilient economy.
As the S&P 500 index has dipped, shares of Meta Platforms have held up reasonably well since my last article. The company's revenue and diluted EPS soared in the fourth quarter. Meta's net cash and marketable securities position reached a record high to close out 2024.
For more than two years, the rise of artificial intelligence (AI) has been the hottest trend on Wall Street, and the primary catalyst that lifted the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite to new heights. But it's not the only factor that's played a pivotal role in exciting investors.
In the most recent trading session, Meta Platforms (META) closed at $626.31, indicating a +1.21% shift from the previous trading day.