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Meta Platforms Newsroom
Big Tech Is Spending Big on AI
Can Apple AI Rally Company Stock?
When Facebook Became Meta, Big Tech's AI Spending Spree, and Elon Musk's Robots: Tech News Roundup
Meta Financial Group Boosts Earnings With Strategic Sale
DBS Maintains Meta Platforms(META.US) With Buy Rating, Maintains Target Price $655
In October, the stock prices of the three technology giants fluctuated more than bitcoin.
According to Forbes, the data shows that the volatility of some major technology stocks has exceeded bitcoin, with Tesla's stocks topping the list with a 24% price fluctuation, followed by AMD at 16% and nvidia at 12%, all exceeding the 11% range of bitcoin's volatility.
1 Big Reason Google Surged While Microsoft and Meta Fell After Earnings
Investing 200 billion this year and planning to increase investment next year! The third quarter report reveals the big bets made by the four giants in Silicon Valley on AI.
Microsoft, Meta, Google, and Amazon are expected to reach a record-breaking total capital expenditure of over $200 billion this year, with executives warning of even higher spending next year. They are all trying to convince Wall Street that these massive investments will make their future business more profitable than their current business of selling digital ads, commodities, and software.
AI Spending Dominated Big Tech Earnings. Why These 2 Stocks Got a Pass From Investors. -- Barrons.com
Meta Platforms Options Spot-On: On November 1st, 472.71K Contracts Were Traded, With 2.33 Million Open Interest
On November 1st ET, $Meta Platforms(META.US)$ had active options trading, with a total trading volume of 472.71K options for the day, of which put options accounted for 40.47% of the total
Meta Platforms Price Target Cut to $641.00/Share From $652.00 by Wells Fargo
Meta Platforms Is Maintained at Overweight by Wells Fargo
Meta Platforms Analyst Ratings
Express News | Exclusive-Disney Studios CTO Jamie Voris Will Lead Newly Formed Office of Technology Enablement
Express News | Exclusive-Disney Forms New Unit to Coordinate the Use of AI, Extended Realty
Meta's Reality Labs Faces $4.4 Billion Loss In AR/VR Sector
CNBC Final Trades: Uber, NVIDIA, Meta Platforms
Express News | USA technology giants continue to bet big on artificial intelligence. This year, capital expenditure is poised to exceed 200 billion US dollars.
UBS Group: AI will continue to drive the stock market higher despite the disappointing financial reports from the technology sector.
UBS Group stated that large technology stocks and internet stocks in the USA have recently been under pressure, but this sector continues to bring many positives for investors, especially in the AI sector. Solita Marcelli, Chief Investment Officer for UBS Global Wealth Management Americas, said, "Despite recent volatility and mixed reactions to the financial reports of technology companies, we believe that AI will become a key driver of stock market returns in the next few years, and the AI trend should further support the stock market fundamentals." UBS wrote that although the stock prices of companies like Microsoft, Meta, and Apple fell after earnings releases in the third quarter of 2024, "24 will be a bullish year for technology stocks."
BofA Securities Maintains Meta Platforms(META.US) With Buy Rating, Maintains Target Price $660