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Meta Platforms (META) reported robust Q3 financial results, demonstrating the resilience of its digital advertising business and the tangible benefits of its artificial intelligence investments. The company's Family of Apps advertising revenue surged 26% year-over-year to $63.1 billion, driven by a 10% increase in ad...
A US appeals court ruled on Monday that Meta Platforms cannot block thousands of youth-addiction lawsuits under Section 230 immunity, clearing the way for discovery into how the company designed its products and what it knew about teen harm. The 9th Circuit rejected Meta's argument...
Meta Platforms (META) reported strong third-quarter financial results, posting record revenue of $64.6 billion, a 26% year-over-year increase that beat analyst expectations of $63.4 billion. GAAP earnings per share were $3.83, though this figure was significantly impacted by a $9.9 billion legal charge related to...
Wells Fargo analyst Ken Gawrelski raised his price target for Meta Platforms (META) to $1,000 from $796, maintaining an Overweight rating due to enthusiasm for the company's AI platform ramp. The analyst views Meta's Muse consumer AI agent as a significant long-term opportunity, citing internal...
Meta Platforms shares surged nearly 12% on Monday, marking the company's biggest one-day gain since April 2025 and reaching its highest closing level since October 2025. This rally was driven by renewed investor interest in Meta's artificial intelligence strategy, specifically centered around its new personal...
Meta Platforms shares have surged past $700 per share, marking the highest trading level since early February 2026. This rally represents a significant recovery for investors who watched the stock decline into the $520 range over the summer months. The momentum has pushed the stock...
Meta Platforms (META) is generating significant investor interest ahead of its upcoming Connect event on September 23, driven by recent advancements in artificial intelligence and strong stock performance. The company recently launched 'Muse,' an autonomous personal AI assistant powered by the Muse Spark 1.3 foundation...
JPMorgan upgraded Meta Platforms (META) from 'Neutral' to 'Overweight' and raised its price target from $640 to $820 following the launch of its Muse personal AI agent. The upgrade was driven by Muse Spark's superior performance, which ranked third in the U.S. App Store shortly...
Cathie Wood's Ark Invest has executed a significant portfolio shift, purchasing approximately $27.9 million in Meta Platforms (META) shares while simultaneously selling roughly $27.8 million of Alphabet stock. This strategic move aligns with the broader market sentiment surrounding Meta's aggressive push into artificial intelligence, which...
Meta Platforms shares rose approximately 4% to close at $613.62 on September 3, driven by the launch of Muse Spark 1.3, an enhanced AI coding platform. The new model delivers a 20% reduction in tool calls and 25% fewer tokens compared to its predecessor, achieving...
Meta Platforms Inc. (NASDAQ:META) faces a historic federal trial opening on August 18 in Oakland, California, regarding platform safety for teens. The case involves allegations that Meta knowingly designed addictive features on Facebook and Instagram that harmed children's mental health and collected data on minors...
Meta Platforms (META) shares fell 4% to $567.58 on Tuesday, driven by renewed legal risks surrounding a high-profile child safety trial in Oakland. The lawsuit, filed by 29 states, alleges that Meta developed psychologically manipulative features like infinite scroll and autoplay to maximize user engagement,...
Meta Platforms shares fell 9% to $530 in early Thursday trading after reporting Q2 2026 results that missed earnings expectations and provided soft revenue guidance for the third quarter. While advertising revenue of $59.3 billion exceeded consensus estimates, diluted EPS of $6.18 came in significantly...
Meta Platforms shares surged nearly 18% following the announcement that CEO Mark Zuckerberg plans to launch a new cloud business. This move addresses investor concerns regarding how Meta will monetize its massive artificial intelligence infrastructure investments, shifting sentiment from uncertainty to optimism about future revenue...
Meta Platforms shares jumped 6% to $670, extending a 15% weekly gain, driven by reports that its AI infrastructure build cost is roughly half of prior estimates at $22 billion per gigawatt. This capital efficiency makes Meta's ambition to rent out AI compute capacity credible,...
Institutional investors significantly increased their stakes in Meta Platforms (NASDAQ:META) during the first quarter, according to recent SEC filings. Fifth Third Wealth Advisors grew its position by 12.4% to own over 60,000 shares worth approximately $34.8 million. Other notable increases include Assenagon Asset Management, which...
Meta Platforms delivered a standout Q1 2026 performance, posting EPS of $10.44 against a $6.66 consensus and revenue of $56.31 billion, representing a 33.1% year-over-year increase. CEO Mark Zuckerberg highlighted the quarter as a milestone driven by strong momentum across apps and the debut of...
Meta, the parent company of Facebook and Instagram, has been ordered to pay a $375 million penalty following a legal defeat in New Mexico over its handling of children's safety on its platforms. A state jury recently ruled against Meta after a seven-week trial, rejecting...
Meta Platforms (META) reported third-quarter revenue of $64.6 billion, beating estimates at $63.4 billion, and provided a fourth-quarter guidance range of $73-76 billion that exceeded consensus. Despite the beat, shares fell nearly 8% over two days as investors reacted to high capital expenditures of $34.9...
Meta Platforms (META) has significantly increased its planned capital spending for 2026, raising the lower bound from $125 billion to $130 billion and projecting a range of $130 billion to $145 billion. Executives aim to secure maximum capacity across 2026 and 2027 to support their...