Meta Platforms Inc Class A (META)
A Meta engineer's journey from teenage breadwinner to startup pro
While most teenagers concern themselves with the latest social media trends, surviving middle school, and running around with friends, Michael Sayman was focused on building apps to support his family. Living Not So Fabulously hosts David and John Auten-Schneider speak with Sayman about his unique experience becoming a Meta generative AI software engineer and Friendly Apps founder, which made Sayman his family's breadwinner at just 13 years old.
Facebook asks US supreme court to dismiss fraud suit over Cambridge Analytica scandal
Securities fraud lawsuit brought by shareholders accuses the social media platform of misleading them about misuse of user data
Meta's Q3 Performance Solidifies Technical Path To $625
Meta's Q3 revenue surged 19% year-over-year to $40.6 billion, driven by strong ad performance and AI integration. Operating margin improved to 43% from 40% last year, reflecting operational efficiency despite high CapEx guidance of $38-40 billion. AI and Reality Labs investments remain central to Meta's growth, with AI enhancements boosting ad relevancy and user engagement.
US Supreme Court to hear Facebook bid to escape securities fraud suit
The U.S. Supreme Court is set on Wednesday to consider a bid by Meta's Facebook to scuttle a federal securities fraud lawsuit brought by shareholders who accused the social media platform of misleading them about the misuse of its user data.
Should You Pick META Stock At $560?
Meta stock (NASDAQ: META) has seen a 3% fall in a week, while it's up around 60% this year. The company recently reported its Q3 results, which were better than the street estimates.
Meta: Absolute Moat As King Of Social Media - Reiterate Buy
META remains a compelling Buy, attributed to its global social media dominance with 3.29B users, leading to its rich advertising revenues and operating margins. Much of the tailwinds are also attributed to TikTok's potential ban in the US, building upon the growing list of countries which have limited the use of the social media. These developments have naturally led to META's leading total US digital ad spending in 2024, compared to its social media and advertising peers.
Meta to let US national security agencies and defense contractors use Llama AI
Company typically prohibits its use for ‘military, warfare, nuclear industries or applications, [and] espionage'
Meta extends political ad ban past Election Day
Meta announced Tuesday that it is extending its restriction on political ads until later in the week, though it did not specify which day the ban would be lifted.
Meta found to have exposed info on North Korean defectors to advertisers
Meta has added another privacy sanction to its extensive collection: South Korea's data protection agency fined the social media giant around $15.7 million for processing sensitive user data and passing it to advertisers without a proper legal basis, Reuters reports.
Here is What to Know Beyond Why Meta Platforms, Inc. (META) is a Trending Stock
Meta Platforms (META) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Meta: AI Spending Will Strain FY2025 Earnings But Boost Long-Term Engagement
META is currently in a growth normalization stage, with advertising revenue growth decelerating due to a significant slowdown in ad impression growth. The company 4Q FY2024 guidance indicates that its revenue growth and operating margin will sequentially improve compared to 3Q. Management indicated higher capex in 4Q and a significant increase in FY2025, leading to higher depreciation and operating costs, which will impact earnings more than operating cash flow.
Buy Meta Platforms With a Long-Term Perspective After Q3 Earnings Beat
Meta Platforms (META) provided strong guidance buoyed by its extensive thrust on generative artificial intelligence.
