Meta Platforms Inc Class A (META)
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.
South Korea fines Meta about $15 mln over collection of user data
South Korea has ordered Facebook owner Meta Platforms to pay 21.62 billion won ($15.67 million) in fines after finding it had collected sensitive user data and given it to advertisers without a legal basis, Seoul's data protection agency said.
Meta Permits Its A.I. Models to Be Used for U.S. Military Purposes
The shift in policy, covering government agencies and contractors working on national security, is intended to promote “responsible and ethical” innovations, the company said.
Meta extends ban on new political ads past Election Day
Meta extended its ban on new political ads on Facebook and Instagram past Election Day in the U.S. Meta did not specify the day it will lift the restriction, saying only that the ad blocking will continue "until later this week."
