META Stock Recent News

Meta has been aggressively poaching AI talent from rivals like OpenAI, Google, and Anthropic. But a former OpenAI board member said "it'll be difficult" for Meta to succeed with its new hires.

Admittedly, trying to ponder stocks that might become worth more than Nvidia may seem unimaginable. When demand for AI accelerators surged out of nowhere, so did Nvidia stock, and it is now a stock with a $3.85 trillion market cap, the world's largest.

Two years after its debut, Meta's social media platform Threads is still in search of being relevant among its peers. Bloomberg's Kurt Wagner joins Ed Ludlow on “Bloomberg Tech” to discuss.

Ilya Sutskever has taken over the reins of Safe Superintelligence (SSI), the artificial intelligence startup he launched last year, after losing CEO Daniel Gross to an intensifying talent war in the industry.

Ilya Sutskever on Thursday said he will assume the CEO role at Safe Superintelligence, the artificial intelligence startup he co-founded. Daniel Gross, a longtime entrepreneur and AI investor who had been acting as company's CEO, left on June 29.

Live Updates Live Coverage Updates appear automatically as they are published. Apple Stock Bump 11:10 am by Gerelyn Terzo Bank of America analysts have reaffirmed their “buy” rating on Apple (Nasdaq: AAPL) stock, pointing to the App Store results as a positive catalyst. Earlier this week, Jefferies analysts lifted their outlook on Apple shares to “hold” from “underperform.” Apple stock is up 0.78% today but is down 14% year-to-date. Fed in Focus 9:58 am by Gerelyn Terzo With today’s strong jobs data, indicating a healthy economy, Wall Street analysts are predicting what to expect when Fed policymakers convene next. Here’s a roundup of some of the commentary: BMO’s Ian Lyngen remarked, “Overall, it was a strong set of data that implies the Fed will remain on hold later this month, leaving rate cut expectations focused on the September FOMC meeting.” Mutual of America Capital Management CEO Joe Gaffoglio wrote, “The June jobs re

Shares of Meta Platforms (META 0.84%) were moving higher again in June as the social media giant benefited from the broader uptrend in the stock market, and investors reacted to Meta's deal to take a 49% stake in Scale AI, a data-labeling start-up, for $14 billion.

Facebook owner Meta said it will appeal a 200-million-euro fine slapped on it by the EU after the bloc accused the company of breaking digital competition rules.

Needham upgraded Meta Platforms, Inc. META from Underperform to Hold on Thursday, but the analyst maintained a cautious stance on the stock as it trades near all-time highs.

Needham upgraded Meta Platforms (META) but still remains on the sidelines with a hold rating. Diane King Hall talks about the firm's concerns with Meta's A.I.