Meta Platforms News - August 2026
Meta to overtake Google search revenue by 2026, launches Hatch AI
Bernstein analysts project Meta Platforms will surpass Google's search advertising revenue by the end of 2026. Meta captured nearly 50% of every incremental...
Jio Platforms secures record $4B IPO approval, aiming to repay debt
Jio Platforms secured approval from the Securities and Exchange Board of India for its initial public offering. The company aims to raise approximately ₹37,700...
Meta pivots to personal superintelligence, launching $145 billion AI infrastructure plan
Meta CEO Mark Zuckerberg issued a 6,500-word manifesto in August 2026 detailing a strategic pivot toward personal superintelligence. The document outlines a...
Meta Internally Projected Up to $10B Annual Spend on Rival Anthropic's AI
Meta internally projected it could spend as much as $10 billion annually on artificial intelligence models from rival Anthropic, according to a New York Times...
🟢 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...
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...
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...
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...
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 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...
Terry Smith's Fundsmith Trims Meta Platforms Stake by 20%
Fundsmith, managed by renowned investor Terry Smith, reduced its position in Meta Platforms by 20.4% during the second quarter of 2026. The firm sold over...
Wedgewood Partners Exits Three Holdings, Boosts Big Tech Stakes in Q2
In its second-quarter 13F filing, David Rolfe's Wedgewood Partners revealed a significant portfolio consolidation, increasing its concentration in mega-cap...
Dan Loeb's Third Point Exits $51.5M Stake in Meta Platforms
Activist investor Dan Loeb's Third Point sold its entire position in Meta Platforms during the second quarter of 2026, liquidating 90,000 shares valued at...
🔴 Meta is trading 3.13% down today amid the youth-addiction trial
Meta is trading at $551.17 (-3.13%) after its high-profile youth-addiction trial began on August 18, 2026, with states seeking potentially massive...
🔴 Meta is trading 3.04% down today amid data-center insurance gap reports AND $1.4 trillion youth addiction lawsuit trial
Meta is trading 3.04% down now at $571.91, influenced by two key company-specific developments: Reports highlighted a major insurance gap at its $14...
🔴 Meta is trading 3.99% down in after-hours trading amid youth-safety trial
Meta is trading 3.99% down at $571.23 after renewed attention on its youth-safety litigation. - Jury selection began August 12, 2026, in a federal trial...
🔴 Meta is trading 3.05% down today amid high-stakes youth-safety trial
Meta is trading 3.05% down at $580.85 as investors assess its high-stakes youth-safety trial, which begins August 12, 2026. - A coalition of 29 states alleges...
Meta's $1.4 Trillion Day in Court: Can the Social Media Giant's Stock Weather Its Biggest Legal Storm Yet?
Shares of Meta Platforms dipped modestly as the company entered an Oakland, California courtroom today facing what may be the most consequential tech-industry...
Meta Faces $1.4 Trillion Trial, Over Addictive Features for Children
Meta Platforms began a federal trial today in Oakland, California. A coalition of states including California, Colorado, Kentucky, and New Jersey brought the...
Meta Faces Setback as U.S. Appeals Court Allows Thousands of Youth Addiction Lawsuits to Proceed
A U.S. appeals court has ruled that thousands of lawsuits against Meta Platforms and other social media companies, alleging their products are addictive to...
Meta and TikTok fuel deadly migrant surge, triggered by viral disinformation
False rumors on Meta’s Facebook and WhatsApp alongside ByteDance’s TikTok triggered a massive migrant surge toward the Spanish enclave of Ceuta. One...
Meta debuts Muse Glimmer AI, pledges $1B to data center communities
Meta Platforms released Muse Glimmer, a new open-source artificial intelligence model featuring 30 billion parameters. The model runs on personal computers or...
Meta's $135 Billion AI Bet Crushed Earnings — Can Ad Revenue Growth Justify the Spending Before Investors Lose Patience?
Shares of Meta Platforms surged 5.8% to $589.00 on August 7, extending a sharp rebound from the post-earnings low of $521.48 hit after the company reported Q2...
🟢 Meta is trading 5.3% up today after post-earnings rebound and broader tech strength
Meta is trading 5.3% up at $589.00 as the stock stages a sharp rebound from its July 30 earnings-driven selloff and benefits from broader tech sector...