Meta Platforms Inc Class A (META)
Meta CEO Mark Zuckerberg receives letter from lawmakers concerned about illicit drug ads on Facebook and Instagram
A bipartisan group of lawmakers sent Meta CEO Mark Zuckerberg a letter expressing concern about illicit drug advertisements running on Facebook and Instagram. The letter cites recent reports from The Wall Street Journal and Tech Transparency Project nonprofit that uncovered a flood of such ads on Meta's apps.
Meta's X rival Threads gains multiple drafts, audience insights and more
Meta's X rival Threads announced a number of new features today, including the ability to store multiple drafts, a way to rearrange columns on the desktop, and insights into the user's audience. Meta CEO Mark Zuckerberg also mentioned that the company plans to add a post-scheduling feature soon.
Meta fends off AI-aided deception as US election nears
Russia is putting generative artificial intelligence to work in online deception campaigns, but its efforts have been unsuccessful, according to a Meta security report released Thursday.
Why Meta Could Be A $600 Stock Within Weeks
The first half of 2024 saw strong performance across global markets, with investors buoyed by positive economic data and consistent signs that inflation had been tamed. Major indices like the S&P 500 posted impressive gains of as much as 20%, reflecting a widespread risk-on sentiment that propelled many stocks, especially tech, to new heights.
Meta struggles with moderation in Hebrew, according to ex-employee and internal documents
Meta has system for evaluating the effectiveness of its own moderation for Arabic language content but not Hebrew
Prediction: This Tech Giant Will Emerge as the Leading Artificial Intelligence Company in the World
Meta's open source strategy should help it improve its model faster. Its integration of AI across products gives it a high return on investment.
Meta shutters misinformation-tracking tool CrowdTangle despite pleas from researchers, journalists
SAN FRANCISCO — Facebook and Instagram parent Meta Platforms has shut down CrowdTangle, a tool widely used by researchers, watchdog organizations and journalists to monitor social-media posts, notably to track how misinformation spreads on the company's platforms.
Is META Stock the Next Big Bet? Signs of a Comeback Spark Investor Interest.
Meta Platforms (NASDAQ: META ) stock saw a 14% increase last week, outpacing the 4% return for the S&P 500. This strong performance was driven by a positive market response to Meta's earnings report, highlighting second-quarter results in its core advertising business.
3 Great Growth Stocks to Buy Before Summer Ends
The AI boom has made finding high-growth stocks at fair value challenging, especially in the tech and chip sectors. Despite Nvidia's (NASDAQ: NVDA ) recent drop from $134 to $112 per share, stocks related to the AI trend remain pricey, to say the least.
Meta Deep Dive: Too Cheap To Pass On
META currently trades at 22x forward earnings despite double-digit bottom-line growth expectations in 2024-2026. CAPEX and Reality Labs are an overhang on the multiple, but management has shown cost discipline and consistently high incremental ROIC. After being battle-tested in 2022, META is more deserving than ever of a premium and of our confidence in its staying power as a core player in digital advertising.
META's Bullish Outlook: Why Now's the Time to Buy Into AI and Advertising Gains
Meta Platforms (NASDAQ: META ) is among the mega-cap tech stocks that have seen significant gains over the past year. Indeed, a near-doubling of META stock from a low of $274.38 to $542.81 per share in July is incredible.
Meta Continues To Crush The Market And Shares Could Continue Outperforming
Meta Platforms shares are up 46.28% YTD, outperforming the S&P 500 by 34.24%. Meta continues to see growth across its platforms, adding 30 million daily active users in Q2. Despite risks, Meta delivered a strong Q2 earnings beat, with revenue up 22.1% YoY and net income increasing by 72.89% YoY.
