Meta Platforms Inc Class A (META)
Meta: The Market's Perception On AI CapEx Seems Misplaced
Meta Platforms faces skepticism due to heavy AI investments lacking a direct revenue channel, unlike peers such as Google and Amazon. Meta is among the worst-performing big tech stocks in the past 12 months, but I discuss why this could be due to a misplaced perspective on Meta's AI capex. To correctly evaluate the return on Meta's AI investments, I believe investors have to look at how these investments are impacting its core advertising business.
Hackers Breach 20K Instagram Accounts Due to AI Bug
Hackers breached Instagram's defenses last month due to an artificial intelligence chatbot vulnerability, The New York Times reported Tuesday (June 9). In all, 34,000 accounts on the Meta-owned social media site were affected, according to the report, which cited internal documents.
Wall Street Is Missing the Bigger Picture: Why This Historically Cheap Advertising Juggernaut Is a No-Brainer Buy Right Now
Meta Platforms (NASDAQ:META | META Price Prediction) is a stock worth owning for decades because its grip on global advertising attention, fortress balance sheet, and cash generation machine make it one of the few mega caps built to compound through every market cycle.
Wall Street analyst updates Meta's stock price target
A Wall Street analyst has reaffirmed a bullish outlook on Meta Platforms (NASDAQ: META), while highlighting a potential $20 billion subscription revenue opportunity that could support long-term growth.
Meta signs first AI data center deal in India with Reliance
As tech companies race to secure the computing power needed to train and deploy artificial intelligence systems, Meta is making its first AI infrastructure bet in India, striking a data center partnership with conglomerate Reliance Industries in a market that is rapidly emerging as a hub for AI infrastructure.
Meta is building a new $20B business, Truist says
Meta Platforms (META) is positioning itself for further upside as it taps a new subscription-based revenue stream, Truist analysts led by Youssef Squali told clients in their latest research note. Squali maintains a “buy” rating on the tech behemoth, with an $840 price target indicating potential upside of more than 40% from current levels.
Meta and Mike Rowe launch $115 trade-training program that guarantees jobs to future welders, plumbers, electricians
America's Workforce Academy is not only free, it covers training costs, transportation and certification fees in addition to paying attendees so they can focus on learning.
Meta A.I. Bug Allowed Hackers to Take Over Instagram Accounts
The flaw, which Meta said it had fixed, allowed anyone to take over Instagram accounts using a bug in the company's new artificial intelligence software.
There is no AI boom without these workers. Meta just proved it.
Meta is spending $115 million on a new program for training workers to build out its data centers. The data-center boom has created shortages of electricians and fiber technicians.
EU orders Meta to restore WhatsApp access for rival AI chatbots
European Union regulators on Tuesday ordered Meta Platforms to restore access to WhatsApp for rival AI chatbot makers until an antitrust investigation is complete.
Here is What to Know Beyond Why Meta Platforms, Inc. (META) is a Trending Stock
Meta Platforms (META) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
LBG Media tumbles on profit warning due to changes to Facebook algorithm
Ladbible owner LBG Media PLC (AIM:LBG, FRA:S83) shares fell 22.9% to 27p after the social media publisher cut its full-year forecasts, warning that weakness in advertising revenue linked to Facebook and search engine changes has persisted for longer than expected. The online and social media publisher reported a 19% rise in revenue to £52.4 million in the six months to 31 March, driven by a 95% jump in higher-margin direct advertising sales to £37.6 million.
