META.BA Meta Platforms, Inc.
Company Analysis
Latest News
Meta launches Muse Glimmer AI, sending shares up 3% pre-market
Meta Platforms launched Muse Glimmer, an open-source AI model designed for consumer-grade hardware. CEO Mark Zuckerberg aims to create Personal...
Meta Faces $942 Million Penalty, Found Liable for Addicting Teens
A New Mexico judge ordered Meta to pay an additional $567 million into a teen mental health fund. This ruling follows a previous $375 million jury verdict. The...
Meta's $145 Billion AI Bet Sparks a Relief Rally β But Can Ad Revenue Grow Fast Enough to Pay the Bill?
Shares shifted sharply higher this week after Meta clawed back much of the ~9β10% post-earnings selloff that followed its July 30 Q2 report. The stock jumped...
Meta Eyes Cloud Capacity Sales, Offsetting Heavy AI Infrastructure Costs
Meta Platforms is exploring a new cloud services venture following its late July Q2 earnings report. CEO Mark Zuckerberg announced the company may sell excess...
π’ Meta Platforms is trading 10.1% up today as sentiment stabilizes after post-earnings selloff
Meta Platforms is trading 10.1% up now at ARS 38,580.00, rebounding sharply from last weekβs earnings-driven drop. β’ The recovery follows a period of...
π΄ Meta Platforms is trading 9% down today after Q2 earnings miss and massive AI investment plans
Meta Platforms is trading 9% down at ARS 35040.00 as investors react to a Q2 earnings miss and a substantial increase in AI-related capital expenditure. β’...
Meta's $130 Billion AI Bet Crushed Free Cash Flow to Near Zero β Can Ads Alone Justify the Spending?
Shares of Meta Platforms plunged roughly 9% after the company delivered a Q2 that split neatly in two: revenue of $60.8 billion came in 28% above a year ago...
π΄ Meta Platforms is trading 8.9% down today after Q2 earnings miss and surging AI spending
Meta Platforms is trading at ARS 35180.00, down 8.9% today after reporting a Q2 earnings miss and signaling a massive increase in capital expenditure for AI...
Meta partners with BlackRock for $14B Texas data center, scaling AI
Meta Platforms and BlackRock formed a strategic joint venture to develop a data center campus in El Paso, Texas. The total development cost for the project...
Meta demands faster AI progress, despite $145 billion investment plan
CEO Mark Zuckerberg reportedly expressed frustration over the slow pace of Metaβs AI rollout during a recent internal meeting. He expects significant gains...
Meta Eyes $10 Billion Anthropic Deal, Monetizing AI Infrastructure
Meta Platforms is negotiating a deal to lease AI data center capacity to Anthropic. This potential agreement is valued at up to $10 billion over a two-year...
Meta hires AWS veteran Dave Brown, signaling AI cloud push
Meta Platforms hired 19-year Amazon Web Services veteran Dave Brown to lead infrastructure and data center expansion. Brown previously served as a senior vice...
π΄ Meta Platforms is trading 4.2% down today amid global tech sell-off and AI capex concerns
Meta Platforms is trading 4.2% down at ARS 41,500.00 as part of a wider pullback in large-cap technology stocks. β’ The decline aligns with a global tech and...
Meta shares surge 21%, fueled by Muse Spark AI and cloud plans
Meta Platforms shares surged nearly 21% over the past three weeks. This rally follows the debut of Muse Spark 1.1, the company's most powerful AI model to...
π’ Meta Platforms is trading 12% up today on EU regulatory findings and Iris AI chip optimism
Meta Platforms is trading at ARS 44,240 (+11.77%) as buyers react to EU regulatory scrutiny and optimism surrounding proprietary AI hardware. β’ The European...
Meta faces EU charges over addictive designs, risking 6% revenue fine
The European Commission issued a preliminary finding that Meta breached the Digital Services Act. Regulators claim Facebook and Instagram use addictive...
π’ Meta Platforms is trading 11.4% up
Meta Platforms is trading at ARS 44,100.00, up 11.4% from a comparison close of ARS 39,580.00 during regular trading. This is a price-action follow-up, so a...
Meta Bets $145 Billion on Building Its Own AI Chips β But Can It Spend Its Way to Independence From Nvidia?
Shares of Meta Platforms surged more than 7% after Reuters revealed an internal memo showing the company will begin manufacturing its custom-designed AI chip...
π’ Meta Platforms is trading 7.31% up today after news of in-house Iris AI chip production
Meta Platforms is trading 7.31% up at ARS 43460.00 after Reuters reported it will start manufacturing its in-house Iris AI chip in September. β’ Meta aims to...
Meta to Launch Iris AI Chips, Doubling Computing Power by 2025
Meta Platforms will begin manufacturing its custom artificial intelligence chip, codenamed Iris, in September. The project supports a strategic plan to double...