Meta Platforms News - September 21, 2026
🟢 Meta is trading 10% up today after Wells Fargo raised price target to $796
Meta is trading 10.08% up at $732.30 after Wells Fargo raised the price target to $796 from $640, citing progress in artificial intelligence initiatives. -...
Meta's Petabit Subsea Cable Sends Shares Surging — But Can Infrastructure Spending This Massive Keep Paying Off?
Shares of Meta Platforms jumped 5.7% to $703.44 Monday morning after the company unveiled what it called the first petabit-capacity transoceanic subsea cable,...
🟢 Meta surges 6.3% after Petal subsea cable announcement, Wells Fargo upgrade, and ahead of AI event
Meta is trading at $703.44 (+6.30%) today, driven by several key developments: The company announced "Petal," a 7,000-kilometer U.S.-France subsea cable set...
Meta Launches Petal Subsea Cable, Doubling Atlantic Data Capacity by 2029
Meta Platforms launched Petal, the first subsea cable system delivering petabit-per-second capacity across the Atlantic Ocean. The 7,000-kilometer cable...
🟢 Meta is trading 5% up today on broad tech and AI-linked rally
Meta is trading 5.02% up at $698.60 after a broad risk-on opening lifted technology and AI-linked stocks. - The Nasdaq Composite is up 0.86%; falling oil...
Meta Grants UK Union Access to 5,000 Staff, Preempting New Laws
Meta signed a voluntary agreement with the UK’s Prospect trade union to allow direct recruitment of its 5,000 local employees. This marks the first formal...
Meta struggles to scale Muse AI, hampered by historic privacy scandals
Meta faces a significant hurdle in its artificial intelligence expansion, specifically with its personal agent Muse. This AI requires deep access to personal...