By Diana Novak Jones May 29 (Reuters) – A Kentucky school district obtained about $27 million in settlements from social media companies over allegations they fueled a student mental health crisis, with Meta Platforms paying the largest amount: $9 million, according to records seen by Reuters on Friday that reveal the financial terms of the…
With Metaplatforms (NASDAQ: META) Set to report its first quarter 2026 results on Wednesday, April 29, investors will likely be watching the stock closely. At one point this year, the tech giant saw its stock price drop sharply as the market digested the company’s combination of impressive revenue growth and eye-popping spending plans. But the…
Metaplatforms (NASDAQ: META) is catching up in the AI model space. The company’s CEO, Mark Zuckerberg, is determined to redeem the company after its predecessor, Llama 4, failed to live up to expectations. Meta created its superintelligence labs and recruited AI wunderkind Alexandr Wang to run the organization as AI director. Meta made waves this…
The technology sector has taken a beating in 2026. Many stocks are a long way from their all-time highs and a few are down more than 25%. I believe there are great deals available and investors should not waste this investment opportunity that arises only every few years. The three stocks I have in my…
Actions of Metaplatforms (NASDAQ: META) They have fallen 30% from their peak. Such declines are rare for the social media giant and have occurred only a few times in the past 10 years. I must confess that I bought the dip in droves. The stock’s decline probably doesn’t come down to one thing; Many Magnificent…
Big tech stocks have stayed afloat after last year’s surge, especially as companies invest billions in artificial intelligence and data centers. Meta Platforms (META), Facebook’s parent company, has felt the pressure. Advertising revenue growth is cooling from its pandemic peak and Meta is increasing spending on AI “superintelligence.” In that context, the latest shock came…
With a market capitalization of $3.7 billion, making it the second most valuable company in the world. Apple (NASDAQ:AAPL) remains well positioned to stay near the top of the heap. However, while the “apple” may not necessarily fall far from the tree anytime soon, here’s how some other “Magnificent Seven” stocks could become more valuable…
March 25 (Reuters) – Meta Platforms will lay off a few hundred people in its Reality Labs division, social media teams and recruiting operations on Wednesday, The Information reported, citing two people familiar with the matter. Reuters reported earlier this month that Meta was planning widespread layoffs that could affect 20% or “more” of the…
Meta Platforms, Inc. (NASDAQ:META) is one of The most profitable blue-chip stocks to invest in now. Meta Platforms, Inc. (NASDAQ:META) announced on March 11 that it is expanding its customers’ silicon to power its AI workloads, saying it is developing and deploying four new generations of MTIA chips over the next two years with the…
Nebius Stock Featured in $27M AI Infrastructure Deal with Meta Platforms Proactive uses of images from Shutterstock Shares of Netherlands-based AI cloud company Nebius Group (NASDAQ:NBIS) rose nearly 12% on Monday after the company announced a new long-term infrastructure deal with Meta Platforms Inc (NASDAQ:META, XETRA:FB2A, SIX:FB). Under the five-year agreement, Nebius will provide $12…
