META Meta Platforms Inc.
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🟢 Meta is trading 3.24% up today after agreeing to pay up to $16.68 billion
Meta is trading 3.24% up at $588.50 after agreeing to pay up to $16.68 billion to settle claims brought by 29 U.S. states. - The settlement includes daily...
Meta to Pay $16.68B, Settling Claims It Addicted Children to Apps
Meta Platforms reached a settlement with 29 U.S. states to resolve allegations regarding child safety on Facebook and Instagram. The company will pay a maximum...
Meta Shares Climb 5% After $16.7 Billion Settlement Over Child Safety Claims
Meta Platforms shares climbed by more than 5% after the company reached a massive legal agreement. The social media giant will pay up to $16.7 billion to...
Meta scrapped 60% team cuts, citing employee revolt and ineffective AI
Meta explored cutting specific teams by up to 60% to transition into an AI-native workforce. CEO Mark Zuckerberg spearheaded the plan to deeply integrate AI...
Wedgewood Partners Boosts Meta Platforms (META) Stake by 16%
Investment firm Wedgewood Partners, led by David Rolfe, increased its position in Meta Platforms (META) by 16.21% during the second quarter of 2026. According...
Altimeter Capital Reduces META Stake by 31% After Major Run
Brad Gerstner's Altimeter Capital significantly reduced its stake in Meta Platforms (META) during the second quarter of 2026, selling 600,000 shares. The sale...
Meta eyes 50% surge, monetizing excess AI computing power
Evercore ISI analyst Mark Mahaney raised his price target for Meta Platforms Inc. to $860 from $820. This revised target implies a potential upside of more...
Coatue Management trims Meta Platforms stake by 10% in Q2
Philippe Laffont's Coatue Management reduced its position in Meta Platforms (META) by 10.17% during the second quarter of 2026, according to a recent SEC...
Jensen Investment Management significantly cuts its stake in Meta Platforms (META)
In a recent SEC 13F filing, Jensen Investment Management disclosed a significant reduction of its position in Meta Platforms, Inc. (META) during the second...
Viking Global Boosts Meta Stake by 76%, Position Tops $1B
Andreas Halvorsen's Viking Global significantly increased its investment in Meta Platforms during the second quarter of 2026, boosting its stake by over 75% to...
Australian Teens Return to TikTok, Undermining Under-16 Social Media Ban, Report Finds
Eight months after Australia banned under-16s from social media, teen usage of TikTok has nearly returned to pre-ban levels. A report from parental control...
Baillie Gifford Reduces Meta Platforms Stake by 22% in Q2 2026
In a quarterly disclosure filed with the SEC, investment manager Baillie Gifford revealed a significant reduction in its holdings of Meta Platforms (META). As...
Dodge & Cox Increases Meta Platforms Stake by 29%
Value investing giant Dodge & Cox significantly increased its position in Meta Platforms (META) by 29.41% during the second quarter of 2026, bringing its total...
New Zealand proposes under-16 social media ban, threatening massive revenue fines
New Zealand introduced legislation to ban social media access for children under 16. Prime Minister Christopher Luxon stated the bill aims to protect youth...
Meta Hires Prominent AI Researcher Luke Metz From Rival OpenAI
Prominent AI researcher Luke Metz has joined Meta's Superintelligence Labs, departing from rival OpenAI. This move underscores the escalating competition for...
David Tepper's Appaloosa Boosts Meta Platforms Stake by 55%
David Tepper's Appaloosa Management significantly increased its investment in Meta Platforms during the second quarter of 2026. The fund added over 238,000...
Meta Defends Antitrust Win, Citing Competition From TikTok and YouTube
Meta Platforms urged the D.C. Circuit Court of Appeals to reject the Federal Trade Commission’s (FTC) bid to revive its monopolization lawsuit. The company...
Ray Dalio's Bridgewater Slashes Meta Stake by Over 60%
Ray Dalio's Bridgewater Associates significantly reduced its stake in Meta Platforms (META) during the second quarter of 2026, according to its latest 13F...
Meta invests millions in Microsoft AI, driving 91% drop in cash flow
Meta Platforms now ranks as one of Microsoft’s largest artificial intelligence customers. The company invests hundreds of millions of dollars annually to...
Meta taps rival Microsoft for AI, spending hundreds of millions annually
Meta Platforms now ranks as one of Microsoft’s largest artificial intelligence customers. The company reportedly spends hundreds of millions of dollars...