Meta Platforms has cut back on its yearly distribution of stock options by about 10% for tens of thousands of employees despite the social media giant trading at record highs this month, the Financial Times reported on Thursday.
Meta filed a lawsuit this week accusing a man of selling Instagram handles and "unauthorized" account reinstatement services. The Instagram usernames were listed at prices ranging from $700 to $50,000, the lawsuit says.
All of the signs that the long AI-driven stock market rally that started in November 2022 with the debut of ChatGPT is almost out of steam are beginning to show up.
After snapping its 20-day win streak earlier this week, is Meta Platforms (META) stock overdue for a split? Citi senior analyst of Internet Equity Research Ron Josey says that a split is unlikely, going on to underline Meta's user growth across its platforms — Facebook, Instagram, Threads — and growth in AI spending and advertising revenue.
The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
The "Magnificent Seven" refers to seven of the largest technology-focused companies by market cap. These companies drove most of the gains on major market indexes like the S&P 500 (^GSPC 0.24%) and Nasdaq Composite (^IXIC 0.07%), to new heights in 2023 and 2024.
WhatApp's popularity in Europe has placed it under a new regulatory threshold in the region. The Meta-owned messaging service's user level has reached a point that it is now considered a “very large online platform” (VLOP) under the Digital Services Act (DSA), Reuters reported Wednesday (Feb. 19), citing a regulatory filing.
Meta Platforms (META -1.85%) stock is losing ground Wednesday. The tech giant's share price was down 2% as of 2 p.m.
Tastytrade at IG CEO JJ Kinahan joins Catalysts to share his perspective on artificial intelligence (AI) developments and broader technology trends. Kinahan emphasizes that the "AI game continues" with significant advancements still ahead for major tech companies.
Meta Platforms (META) has achieved a remarkable 20-day winning streak, pushing the tech giant's shares up nearly 20% since the beginning of the year. Yahoo Finance Markets & Data Editor Jared Blikre examines Meta's recent momentum, comparing it with fellow tech powerhouse Nvidia (NVDA), which has delivered an extraordinary performance with gains exceeding 480% over the past three years.
The company has embraced AI in hopes of capitalizing on investor enthusiasm—will it be enough?
WhatsApp has hit a user criterion set out in landmark EU tech rules, the unit owned by Meta Platforms said, meaning it is required to do more to tackle online illegal and harmful content.