Meta staffers will soon have the option of chatting with a virtual clone of CEO Mark Zuckerberg, according to a report Monday.
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.
Shares of Meta Platforms rebounded sharply this week after the company unveiled a new artificial intelligence model, offering investors a fresh catalyst following a period marked by legal challenges that led to the stock's underperformance. The stock rose about 9% on Wednesday, its biggest gain since January, supported both by easing geopolitical tensions and the launch of Muse Spark, a flagship model from the company's newly formed Meta Superintelligence Labs.
The Massachusetts Supreme Judicial Court's ruling marked the first time a state high court has considered whether a federal law that generally shields internet companies from lawsuits over content posted by users.
As Meta Platforms (META) battles legal suits and juggles exuberant CapEx in its AI buildout, Ron Westfall still sees lots of upside as the Mag 7 company trades below its historical value. He points to Meta's new Muse Spark LLM as the latest innovation he sees bolstering the balance sheet long-term.
Meta Platforms must face a lawsuit by Massachusetts' attorney general alleging that the Facebook and Instagram parent deliberately designed features to addict young users, the state's top court ruled on Friday.
Meta Platforms (NASDAQ:META | META Price Prediction) stock just got a vote of confidence from CFRA, which raised its rating to Strong Buy.
Meta Platforms (NASDAQ:META | META Price Prediction) is trading at $608.83 as of writing.
Treasury and Fed urgently convened major bank CEOs to address cyber risks from Anthropic's new AI model, Mythos. Anthropic's Claude Mythos Preview, released to select partners, can identify software vulnerabilities better than most humans, heightening cybersecurity disruption fears.
While the tech giant has the means to fight in court, ongoing legal battles could temper a long-term recovery in its shares.
Meta Platforms said on Thursday it is pulling ads from Facebook and Instagram aimed at recruiting new plaintiffs for ongoing litigation accusing it and other social media companies of designing their platforms to be addictive to young users.
In the closing of the recent trading day, Meta Platforms (META) stood at $628.24, denoting a +2.58% move from the preceding trading day.