Though hardly the most exciting stock of late 2024 at face value, Meta Platforms (NASDAQ: META) has, nonetheless, been steadily gaining ground as it has been recording record high after record high.
Meta has launched a pre-holiday anti-scam awareness campaign to keep users safe. “Scammers are persistent and try to trick people in a variety of ways — malicious texts and emails, websites impersonating known brands, posts on social media, visual discovery platforms and discussion forums, and more,” the tech giant wrote on its blog Tuesday (Dec.
A U.S. appeals court has overturned a decision in an antitrust lawsuit against Meta, which was filed in in late 2021 by the long-shuttered social app Phhhoto. In court, the startup alleged that Meta violated U.S. antitrust law by copying its core features and suppressing competition.
Zacks.com users have recently been watching Meta Platforms (META) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
META Platforms stock (NASDAQ: META) is up 5% in a month, with investor optimism around the TikTok ban. A federal appeals court recently upheld a law requiring TikTok's owner ByteDance to find a new owner for its U.S. operations, outside of China, by January 19, 2025, or face a ban.
A contractor hired by Facebook's parent company Meta dismissed threats to content moderators by Ethiopian rebels angered by their work, according to new evidence filed in a case challenging the dismissal of dozens of moderators in Kenya.
Does Meta Platforms (META) have what it takes to be a top stock pick for momentum investors? Let's find out.
META's stock has surged over 6x since October 2022, driven by strong ad revenue, AI investments, and potential TikTok ban benefits. Despite high P/E ratios, META's robust financials, including $70.9 billion in cash and $15.5 billion in free cash flow, support continued growth. Reality Labs' losses and regulatory risks present challenges, but AI efficiencies and short-form video growth via Reels bolster META's market position.
As Nvidia slips on China antimonopoly probe, Meta stock remains in buy range on the latest list of new buys by top funds. The post Sorry, Nvidia, Top Funds Place Their Bets On This Mag 7 Stock appeared first on Investor's Business Daily.
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Meta Platforms (META) is well positioned to outperform the market, as it exhibits above-average growth in financials.
Upgraded Meta to 'Strong Buy' with a fair value of $699 per share, driven by potential TikTok ban and advanced Llama 3.3 AI model. TikTok's potential US ban in January 2025 could shift users to Meta's platforms, boosting user growth by over 2.5%. Meta's Llama 3.3 70B AI Model offers cost-effective, high-performance AI capabilities, strengthening Meta's position in AI and social media markets.