A new report points to a 2026 release for a Meta fitness watch. But the real reasons for its arriving have to do with glasses, too.
Alex Kantrowitz, Big Technology founder, joins 'The Exchange' to discuss the social media trial taking place in LA.
Meta CEO Mark Zuckerberg will testify Wednesday in a landmark social media and safety trial. The Los Angeles trial is one of several major court cases this year that experts have described as the social media industry's "Big Tobacco" moment.
As AMD shares fell and Google's TPU ambitions stalled, Meta's sweeping commitment to Nvidia's full chip stack amounts to a strong vote of confidence that should (at least temporarily) settle investor nerves For Nvidia Corp (NASDAQ:NVDA, XETRA:NVD), the timing could hardly be better. After a rocky and roller coaster start to the year, the AI GPU maker received a welcome shot in the arm.
Meta Platforms remains a top holding among elite investors, reflecting strong institutional and professional fund manager confidence. META's recent FQ4 earnings and elevated 2026 CAPEX guidance triggered a market overreaction, which ignored the company's robust free cash flow and AI expansion. Despite higher expense forecasts, META's FCF is projected to average $35B in 2026–2027, comfortably covering dividends, buybacks, and strategic initiatives.
Madrid is requesting prosecutors investigate the social-media platforms for potential crimes against minors linked with the dissemination of images generated by artificial intelligence.
Meta struck a massive chip deal with Nvidia that includes new standalone CPUs and next-generation GPUs and Vera Rubin rack-scale systems. The social media giant will also use Nvidia for networking technology and to support AI features on WhatsApp.
Since then, however, shares have given up all of those gains and more, closing near $640 on Feb. 13. This comes even though Meta is forecasting 30% revenue growth next quarter, something it hasn't achieved since 2021.
In a rather interesting but perhaps unsurprising move, Bill Ackman, the man who runs the show over at Pershing Square Capital Management, announced a huge bet on shares of Meta Platforms (NASDAQ:META | META Price Prediction).
President Donald Trump's trade and manufacturing adviser Peter Navarro said on Sunday that the White House may force data center builders to absorb utility costs. Data centers powering artificial intelligence are straining the U.S. electricity grid and raising consumers' electric and water bills.
Nvidia expects monster growth this year. Microsoft hasn't been this cheap in a long time.
Meta Platforms closed the week at $639.77, down 3.28% from February 6. The S&P 500 fell just 1.29% over the same period, while the Nasdaq 100 dropped 1.27%.