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Meta has spent billions of dollars developing AI and building out data centers to support it. But now, the company may be preparing to put those data centers to a more immediately profitable purpose.
The artificial intelligence race has become a contest of infrastructure as much as software.
Meta Platforms Inc's (NASDAQ:META, XETRA:FB2A, SIX:FB) plan to sell spare computing power is less a bold expansion than an admission, that the company has built so much AI capacity it now needs somewhere to put the surplus. The Facebook and Instagram owner has spent heavily on data centres and chips to chase its artificial intelligence ambitions, a spree that has repeatedly unsettled investors worried about where the returns will come from.
A frenzied push for artificial intelligence dominance comes with a different kind of cost for Meta, where massive layoffs, employee surveillance and departures have fueled reports of a heated internal climate.
Meta said attorneys general had no evidence it misled consumers about its platforms' alleged addictiveness, including in congressional testimony by Mark Zuckerberg.
Mark Zuckerberg has recently directed a team to build a standalone prediction-market app, internally called “Arena” (and also codenamed Antwerp and FBForecast), to rival Kalshi and Polymarket.
Meta Platforms (META) concluded the recent trading session at $562.6, signifying a +2.24% move from its prior day's close.
Mr. Zuckerberg's plans for Arena, a prediction markets app that Meta is building, also include appealing to 18- to 34-year-old users.
Meta Platforms (NASDAQ:META | META Price Prediction) has slid hard in 2026, and that selloff has opened up a setup the model rates as one of the most attractive in mega-cap tech.
META's AI push is fueling revenue growth, ad engagement, and user activity, with billions using AI features as the company ramps up infrastructure.
Sarah Wynn-Williams, a former Facebook policy executive, is suing Meta over its attempts to stop her from talking about her book, “Careless People,” a New York Times bestseller.