META Stock Recent News

Wedbush's Dan Ives raised his price target on Palantir (PLTR) as stock continues to offer upside for investors. Citizens JMP boosted its price target on Amazon (AMZN), citing notable growth potential through AWS cloud.

Meta's aggressive AI investments, including a $14.3B Scale AI stake and top talent hires, aim to dominate the personalized AI assistant space, especially with its lead in AR/VR. Core AI efforts are driving strong growth and profitability in Meta's family of apps, justifying elevated capex and supporting future innovation. Despite losses from its Reality Labs segment, Meta's expanding free and operating cash flow amid growing capex is supporting continued investor confidence.

Tik Tok, I own the clock, says the Donald. Prexy says a group of rich folk are buying the social platform.

The world has a new No.2 richest person behind No.1 Elon Musk. Larry Ellison, founder of Oracle (NASDAQ: ORCL) has slipped by Mark Zuckerberg as his net worth hit $254 billion according to Bloomberg. Musk’s figure is $349 billion. There is a striking difference between the two. Ellison’s figure is up $57 billion this year. Musk has dropped $84 billion. In each case, the reason is because of the change in the value of the two public companies they run. Key Points Larry Ellison’s Wealth Has Surged Oracle Has Become AI Company Take this quiz to see if you’re on track to retire. (sponsored) Musk’s drop has been widely chronicled. The CEO of Tesla (NASDAQ: TSLA) has watched unit sales drop by over 10% in the second quarter. The figure is worse across most of Europe. He has rising competition in China, which is mostly from local companies like BYD. His time spent cutting federal government expenses which allied him with President Trump has upset some current Tesla owners and un

Meta (NASDAQ: META) wants to be the global leader in AI systems that can complete tasks at the level of humans.

Meta Platforms (META) reportedly offered a pay package worth more than $200 million to poach Ruoming Pang, Apple's (AAPL) top executive in charge of artificial intelligence models, as the Facebook parent builds up its new “Superintelligence” AI division.

Big tech has not been shy about opening the pocketbook for artificial intelligence (AI)-related investments over the last few years. While the billion-dollar price tags are what made headlines, the real value of these investments came with their strategic intent.

Investors are starting to grumble about the noteworthy valuations of top artificial intelligence (AI) stocks. However, a closer look reveals those valuations may be bargains in disguise.

Meta Platforms (META 1.70%) is going big on artificial intelligence (AI). It has been investing and hiring more staff to take advantage of opportunities related to AI.

Shares of Essilorluxottica climbed in early Wednesday trade after reports Meta has acquired an almost 3% stake in the luxury eyewear maker.