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Meta Platforms (NASDAQ: META) stock delivered an impressive performance in the first quarter of 2024, soaring by nearly 39% and indicating potential for further growth this week owing to various upcoming events.
The Facebook parent's valuation has surged, creating new pressure to keep growth up and costs down.
Ken Griffin is invested in all of the Maginficent Seven stocks. But the star hedge fund manager recently increased his position in two that could become AI winners over time.
Meta Platforms: Expect Shares To Pop On Strong Earnings, Again
Meta just launched its AI assistant on Instagram, WhatsApp, Messenger and Facebook as if firing a missile into a corporate battlefield. And the media is playing along, recounting a "battle with ChatGPT.
Meta is leveraging AI to boost engagement and monetization of its social media platforms. Roblox's emerging advertising business stands to benefit from its large and engaged user base in the coming years.
AI stocks have been in free fall across the past week.
The excitement behind artificial intelligence is far from over. How to make smart decisions when investing behind the trend.
Meta has a new line of products that could challenge Nvidia's market leadership position. Alphabet has launched several proprietary products for Google Cloud.
Many in the market are looking to this week's quarterly results from the four members of ‘the Magnificent 7' to help reverse the stock market's ongoing weakness.