Technology equities have largely had a good year in 2024. The tech-heavy Nasdaq Composite has rallied nearly 20% on a year-to-date basis, and secular trends such as artificial intelligence and cloud computing technologies could send technology shares higher in the near term.
Meta Platforms is reportedly facing its first antitrust fine in the European Union (EU). That fine could be handed down in a few weeks in response to the company connecting its classified ad service Marketplace with the Facebook social network, Reuters reported Thursday (July 25), citing sources with direct knowledge of the matter.
Meta Platforms Inc (NASDAQ:META, ETR:FB2A, SWX:FB) is once again facing lofty expectations ahead of its second quarter financial report due on Wednesday, July 31, after the stock market closes. The Street expects the Facebook, Instagram, and WhatsApp parent to post an almost 20% jump in revenue from the year-ago quarter's $32 billion to $38.3 billion.
Meta's oversight board on Thursday called on the tech titan to bring its rules regarding porn deepfakes out of the "photoshop" days and into the era of artificial intelligence.
Meta Platforms Inc META is making waves again, this time with its latest AI advancements.
Following investigations into how Meta handles AI-generated explicit images, the company's semi-independent observer body, the Oversight Board, is now urging the company to refine its policies around such images. The Board wants Meta to change the terminology it uses from “derogatory” to “non-consensual,” and move its policies on such images to the “Sexual Exploitation Community Standards” section from the “Bullying and Harassment” section.
US lawmakers voiced "concern" Wednesday over Meta's decision to shut down CrowdTangle—a digital tool considered vital in monitoring falsehoods –- in a major election year, urging the tech giant to delay the move by six months.
The Magnificent Seven -- Apple, Microsoft, Nvidia, Alphabet, Amazon, Meta Platforms, and Tesla -- are largely responsible for lifting Wall Street's major stocks indexes to new highs. Although the Magnificent Seven are revered by the investing community for their abundant competitive advantages, their outlooks through 2026 could vary significantly.
When it comes to finding stocks for substantial gains, dividend stocks do not often disappoint. Various dividend stocks vary by total yield, the overall growth profile of the underlying business, and other fundamentals.
Meta Platforms (META) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Meta Platforms has quickly cooled off after hitting all-time highs. Investors can see AI benefits throughout Meta's business.
Meta Platforms Inc (NASDAQ:META, ETR:FB2A, SWX:FB) shares dropped more than 2% in premarket trading on Wednesday after it announced its latest AI model, an open-source offering aimed at outperforming ChatGPT and other rivals. Llama 3.1, Meta's largest AI model yet, will be available for free and is set to take on the likes of OpenAI and Anthropic.