AMD's stock surged 5.45% following news of an expanded partnership with Meta, pushing its market value close to $1 trillion at $914.61 billion. The deal involves AMD powering Meta's AI infrastructure with EPYC processors and Instinct GPUs, though some products are still in testing. AMD's stock has been volatile, up 161.61% year-to-date but down over 11% in the past month. Investors await AMD's third-quarter earnings report on November 3 for confirmation of product launches and revenue growth, which could push the stock above the $612.57 per share needed to regain a $1 trillion valuation.
As of Oct 28, 2026 18:51 WIB, Meta Platforms Inc (META) trades at USD 622.49 on Pluang, showing a modest 0.37% increase in the last day. The stock holds a significant market cap of $1.61 trillion and sees active trading volume of over 50 million shares. This steady performance contrasts with AMD's recent volatility and highlights META's strong position in the media sector amid ongoing tech partnerships.
Meta Platforms reported a 26% revenue increase to $64.6 billion in Q3, but profit margins fell to 35.4% and EPS growth was just 2.1% excluding legal charges. The company’s heavy investment in AI is critical but has led to negative free cash flow, whi...
Meta Platforms sold 40 million Class A shares at $625 each, raising $25 billion with demand about five times the shares offered. Despite strong investor interest, Meta's stock price fell below the offering price after trading began. NVIDIA and AMD in...
Meta's stock fell sharply by 16.5% in the 15 days following Jim Cramer's strong endorsement calling it a 'monster long' based on AI user data. Despite this short-term decline, technical analysis currently signals a 'Sell' but monthly indicators sugge...
Jio Platforms' shares surged 21.4% on their trading debut following India's largest-ever IPO, which raised $3.2 billion by offering 270 million shares at 1,119 rupees each. The IPO was oversubscribed over 22 times, driven by strong demand from instit...
Anthropic disclosed in its SEC filing that it had $112.4 billion in cash and $19.3 billion in short-term investments as of June 30, totaling $131.7 billion. This amount surpasses every non-bank U.S. company except Berkshire Hathaway and Alphabet, exc...
