The problem with comparing across big tech CEOs is that they're often running pretty foundationally different businesses.
Attorneys general from California, Colorado, Kentucky and New Jersey allege Meta misled the public about the risks its platforms pose to children.
As the afternoon noise subsides and we head into the second half of the session, catch up on what's driving the conversation.
Opening arguments in a landmark youth-safety trial against Meta Platforms (NASDAQ:META | META Price Prediction) begin Tuesday, August 18, 2026, in federal court in Oakland before Judge Yvonne Gonzalez Rogers, capping a consolidated action brought by 29 state attorneys general originally filed in 2023.
Less than two weeks after a loss in New Mexico, Meta faces a much bigger legal test in a case being co-led by California's attorney general. Opening arguments in AG Rob Bonta's case against Meta begin on Tuesday, as more states try to force the social media company to make design changes to its apps.
Amazon (NASDAQ: AMZN | AMZN Price Prediction) and Meta (NASDAQ: META) both reported second-quarter results in late July, revealing the same pressure: AI infrastructure is consuming cash.
Plaintiff attorneys and Democratic attorneys general want to turn social media into the next Big Tobacco.
Meta faces a landmark federal trial brought by 29 states over allegations that Facebook and Instagram were deliberately designed to addict young users and that the company improperly collected children's data. Bloomberg News Tech Reporter Alexandra Levine joins Joe Mathieu and Carol Massar on Bloomberg This Weekend to explain that the case could expose Meta to substantial penalties and potentially more consequential court-ordered changes to how its platforms operate.
Meta Platforms (META) presents a compelling short-term trading opportunity due to recent stock compression following capex and cash flow concerns. I target a tactical entry at $550 per share, with a liquidation target above $750, aiming for time-based alpha within a defined price range. Recent sell-off was exacerbated by non-recurring legal and severance charges; underlying ad strength and future AI monetization remain robust.
Meta released Glimmer this week, an open-weight AI model anyone can download and run on their own hardware — a contrast to Muse Spark, the company's more powerful model that stays locked behind its own APIs. The release landed alongside a letter from Mark Zuckerberg arguing AI should be “for everyone” rather than controlled by a handful of labs, but as Equity's hosts point out, the vision comes with some asterisks.
Meta Platforms, Inc. maintains a Strong Buy rating, trading 25% below its 52-week high despite 28% revenue growth and new monetization levers. META's heavy capex and expense guidance are compressing margins and free cash flow, yet the market assigns zero value to future growth engines. WhatsApp's $1B+ quarter and a shift toward pay-for-performance monetization signal a higher revenue ceiling for META's Family of Apps.
Meta Platforms (NASDAQ:META | META Price Prediction) has made its Hyperion campus in Richland Parish, Louisiana, the emblem of the AI infrastructure boom, and the arithmetic tells you why.