Meta Platforms Inc Class A (META)
Meta: Potential TikTok Ban Is A Major Catalyst; Upgrade To 'Strong Buy'
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.
Meta's AI CAPEX Fears, Regulatory Concerns Are Overblown
Meta stock remains a "buy" with a revised price target of $683, as ongoing innovations in its Core and Gen AI should boost user engagement and monetization in its FoA segment. Although Reality Labs is yet to see a demand acceleration, Meta's current roadmap is centered on making glasses the form factor for AI in the coming years. In the near term, the company may face profitability headwinds from larger-than-expected depreciation costs from its ambitious AI capex plans and widening losses from its Reality Labs segment.
Why Facebook-Parent Meta Is Willing To Lose Billions On The Metaverse
Facebook changed its name to Meta in October 2021 and CEO Mark Zuckerberg used the occasion to show the world his vision of a digital future of work and play accessible through a VR headset. Two months later the company launched its virtual universe, Horizon Worlds.
TikTok Ban Could Supercharge Meta Stock
Meta's (NASDAQ: META) Instagram competes with TikTok.
What's next for Meta's metaverse
It's been three years since Facebook changed its name to Meta and went all in on the metaverse, and a decade since it purchased Oculus. What happened?
Meta Releases Smaller AI Model With Big Cost Savings
Meta has unveiled a more efficient artificial intelligence (AI) model that could slash computing costs for businesses adopting AI technology. “Llama 3.3 improves core performance at a significantly lower cost, making it even more accessible to the entire open-source community,” Meta's Vice President of Generative AI Ahmad Al-Dahle wrote in a Friday (Dec.
Meta's AI Chatbot Nears 600 Million Monthly Users, Zuckerberg Says
Mark Zuckerberg said Meta.ai has nearly 600 million monthly active users. The post Meta's AI Chatbot Nears 600 Million Monthly Users, Zuckerberg Says appeared first on Investor's Business Daily.
Meta launches open source Llama 3.3, shrinking powerful bigger model into smaller size
The 70B-Llama 3.3 is specifically optimized for cost-effective inference, with token generation costs as low as $0.01 per million tokens.
Meta shares hit record high after US appeals court upholds TikTok ban
Shares of Facebook-owner Meta Platforms hit a record high on Friday after a U.S. appeals court upheld a law requiring China-based ByteDance to divest its popular short video app TikTok by early next year or face a ban.
Meta unveils a new, more efficient Llama model
Meta has announced the newest addition to its Llama family of generative AI models: Llama 3.3 70B.
Wall Street Analysts Think Meta Platforms (META) Is a Good Investment: Is It?
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
Meta partners with James Cameron's tech venture to boost mixed reality content
Meta Platforms said on Thursday it has partnered with film director James Cameron's technology venture Lightstorm Vision to enhance the creation of 3D entertainment, including live sports, concerts and TV series, for the Meta Quest.
