This company has the history, the numbers, and -- most importantly -- the right messaging to justify splitting its stock.
The Magnificent 7 cohort isn't as exciting as it used to be, with many members dragging their feet while only a few names, most notably Meta Platforms (NASDAQ:META), do most of the heavy lifting.
Meta Platforms, Inc.'s stock has surged 62% YTD, driven by improved fundamentals, AI integration, and higher user engagement. Despite Meta's strong Q2 performance and potential for 40-42% operating margins by 2025, ballooning CAPEX and Reality Labs' losses pose risks. Meta's core advertising business remains robust, but the stock's forward returns are limited, with the valuation getting ahead of its fundamentals.
These dominant companies are experiencing strong growth that can power your savings.
Meta Platforms' Oversight Board on Wednesday told the company to keep up a Facebook post superimposing the faces of U.S. Democratic presidential candidate Kamala Harris and her running mate Tim Walz onto a parody "Dumb and Dumber" movie poster showing the characters pinching each other's nipples through their clothing.
Meta Platforms Inc (NASDAQ:META, ETR:FB2A, SWX:FB) and CEO Mark Zuckerberg saw the dismissal of a lawsuit that accused them of misleading shareholders about the safety of children using Facebook and Instagram. US District Judge Charles Breyer ruled that the plaintiff, Matt Eisner, failed to demonstrate that shareholders suffered financial losses due to Meta's alleged lack of disclosures.
Judge rules plaintiff, Matt Eisner, failed to show alleged inadequate disclosures hurt shareholders
Social Media giant Meta is set to roll out facial recognition technology in an effort to combat scams that use fake celebrity images. Bloomberg's Kurt Wagner joins Ed Ludlow and Caroline Hyde to discuss on "Bloomberg Technology.
Meta Platforms and Chief Executive Mark Zuckerberg won the dismissal of a lawsuit claiming they misled shareholders in Meta's proxy statement about their ability to ensure the safety of children who use Facebook and Instagram.
BofA Securities analyst Justin Post maintained a Buy rating on Meta Platforms Inc META with a price target of $630.
Brent Thill, Jefferies analyst, joins CNBC's 'The Exchange' to discuss outlooks on Meta, why he's raising his price target on the stock, and more.
There's a lot to choose from, but these are both great companies.