Meta Platforms Inc Class A (META)
Meta expands Nvidia deal to use millions of AI chips in data center build-out, including standalone CPUs
Meta struck a massive chip deal with Nvidia that includes new standalone CPUs and next-generation GPUs and Vera Rubin rack-scale systems. The social media giant will also use Nvidia for networking technology and to support AI features on WhatsApp.
Meta's Platfroms' New Bull: Why Billionaire Bill Ackman Is Buying
Since then, however, shares have given up all of those gains and more, closing near $640 on Feb. 13. This comes even though Meta is forecasting 30% revenue growth next quarter, something it hasn't achieved since 2021.
Ackman's $2B Bet: Why Smart Money is Backing Up the Truck on “Deeply Discounted” Meta Stock
In a rather interesting but perhaps unsurprising move, Bill Ackman, the man who runs the show over at Pershing Square Capital Management, announced a huge bet on shares of Meta Platforms (NASDAQ:META | META Price Prediction).
Trump trade adviser Navarro says administration may force data center builders like Meta to 'internalize' costs
President Donald Trump's trade and manufacturing adviser Peter Navarro said on Sunday that the White House may force data center builders to absorb utility costs. Data centers powering artificial intelligence are straining the U.S. electricity grid and raising consumers' electric and water bills.
3 Cheap "Magnificent Seven" Stocks to Buy Hand Over Fist
Nvidia expects monster growth this year. Microsoft hasn't been this cheap in a long time.
Meta Stock Falls 3.28% This Week Despite Ackman Endorsement and Bullish Analyst Targets
Meta Platforms closed the week at $639.77, down 3.28% from February 6. The S&P 500 fell just 1.29% over the same period, while the Nasdaq 100 dropped 1.27%.
Meta apparently thinks we're too distracted to care about facial recognition and Ray-Bans
Meta is planning to add facial recognition to its smart glasses, The New York Times reported, citing sources familiar with the matter. Why now? Because people are distracted by bigger things going on in the world, the story said, citing an internal memo.
Meta Is Now A Bargain Mag 7 Stock
Meta Platforms is reiterated as a strong buy, driven by robust user metrics, accelerating ad impressions, and undervalued forward P/E. Q4 revenues grew 23.78% YoY, beating expectations by $1.42 billion, while FCF reached $14 billion despite a 49% YoY CapEx increase. Reality Labs remains a significant drag, with Q4 operating losses widening to $6 billion, but AI glasses show early promise.
META Resets Reality Labs, Grows Message Sales as Ad Engine Roars
Meta Platforms' NASDAQ: META latest earnings report made one thing abundantly clear: the firm's advertising business is by far its most important growth driver. That business is operating at a pace not achieved in years.
Is Trending Stock Meta Platforms, Inc. (META) a Buy Now?
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.
Meta plans to add facial recognition to its smart glasses, report claims
Meta plans to add facial recognition to its smart glasses as soon as this year, according to a new report from The New York Times. The feature, internally known as “Name Tag,” would allow smart glasses wearers to identify people and get information about them through Meta's AI assistant.
Wall Street Sees 29% Upside for Meta While Retail Investors Turn Skeptical
Shares of Meta Platforms (NASDAQ:META | META Price Prediction) are trading at $668.69, essentially flat over the past week with a 0.04% decline, coinciding with a noticeable shift in retail investor sentiment on platforms like Reddit and X.
