Some investors may be wary of purchasing growth stocks that enjoyed a strong share price surge. However, the share price alone may not tell the full picture.
Meta apologized for graphic and violent content recommended on Instagram Reels on Wednesday. Meta replaced US fact-checkers with a community notes model in January.
Meta said it is fixing an error that caused some users to see content in their Instagram Reels feed "that should not have been recommended," a Meta spokesperson said. It comes after users took to social media to complain about a sudden wave of recommended content that included violent and sexual imagery.
Meta Platforms (NASDAQ: META) has emerged as the top-performing stock among the Magnificent Seven, surging 13% year to date.
Baby Boomer investors should seek to take on less risk as they age and approach retirement if they're not already retired.
Meta Platforms: After Six-Day Decline - Time To Buy The Dip (Rating Upgrade)
Meta Platforms is in talks to build a new data center campus for its artificial intelligence projects which could cost more than $200 billion, The Information reported on Tuesday, citing people familiar with the matter.
A federal judge on Tuesday said Meta Platforms must face a lawsuit claiming that the Facebook and Instagram parent prefers to hire foreign workers because it can pay them less than American workers.
An MP has accused Meta of turning Facebook Messenger into "Jeffrey Epstein's private island" by enabling end-to-end encryption.
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.
When a stock keeps hitting new highs, it gets expensive for investors.
When a company's management decides to split its stock, this usually comes after a strong run-up in the price of its shares. While it won't change any of the underlying fundamentals of investing in the company, the split can signal confidence from management that the price of shares is justified and could continue to climb higher.