Meta Platforms Inc Class A (META)
Meta In Talks To Buy Korean AI Chip Startup Founded By Samsung Engineer
Meta is in talks to acquire South Korean AI chip startup FuriosaAI, according to people familiar with the matter, a deal that could boost the social media giant's custom chip efforts amid a shortage of Nvidia chips and a growing demand for alternatives.
Meta lays off 4K workers in performance-based spree — as some claim they received glowing reviews just last year: report
Meta CEO Mark Zuckerberg carried out his promised performance-based job cuts this week -- but laid-off staffers said they received high performance reviews just last year.
Meta Outperforms Magnificent 7 As 16-Day Streak Puts Bulls In Control
Meta Platforms Inc META is rewriting the record books. The stock notched its 16th straight winning session on Monday, the longest streak among the Magnificent Seven.
Meta's AI Driven Future Beyond Social Media
Meta's Q4 2024 results show a 21% YoY revenue increase and a 43% YoY operating income increase, with strong AI-driven growth. Meta's AI strategy, including Llama 4 and custom MTIA chips, positions it as an emerging AI powerhouse, rivaling ChatGPT and Claude. Meta's valuation is attractive compared to peers, with a P/E ratio of 30x and significant cash reserves for AI investments.
Ives: Meta is doubling down on AI initiatives
Dan Ives of Wedbush Securities discusses the potential for Meta's significant growth due to its AI initiatives, which could lead the stock to rise by another $100.
Meta's job cuts surprised some employees who said they weren't low-performers
Some Meta workers impacted by Monday's job cuts were surprised since they had strong track records. Meta's layoffs targeted 5% of low performers.
Cathie Wood Is Betting Big on These 2 AI Stocks
Cathie Wood's comeback could continue through the year as most of her Ark Invest funds come roaring back alongside the tech trade.
Why Meta has been on a winning streak
As Meta Platforms (META) shares continue their longest-running winning streak to date, Wall Street is keyed in on the tech giant's forecasts for $119 billion in capital expenditure (CapEx) spending in 2025. RBC Capital Markets Equity Analyst Brad Erickson joins Market Domination to speak more about the central theme of Big Tech's CapEx spending as it pertains to Meta.
Meta Workforce Reductions Expected to Continue Through February
Meta began notifying employees affected by its previously announced job cuts on Monday (Feb. 10).
Meta stock records longest winning streak to date
Meta Platforms (META) stock records its longest winning streak, with shares gaining for 15 consecutive days. Catalysts host Seana Smith is joined by Brad Smith to outline what investors need to know about the tech giant's performance.
Meta begins layoffs as it doubles down on AI investment
Meta, the parent company of Facebook, Instagram, and WhatsApp, has begun a new round of layoffs as part of its ongoing effort to streamline operations and ramp up investments in artificial intelligence.
Meta speeds up its hiring process for machine learning engineers as it cuts thousands of 'low performers'
Internal Meta memo shows the company is ramping up hiring of engineers as it cuts thousands of jobs. Meta wants to "expedite recruiting" of machine learning engineers in the coming weeks, per the memo.
