Truist Securities analyst Youssef Squali reaffirmed a 'Buy' rating on Meta Platforms with a $840 price target, suggesting about 43% upside from current levels. The bullish outlook is driven by Meta's potential to generate over $20 billion annually from subscriptions by fiscal 2030, diversifying revenue beyond advertising. This growth is expected to come from premium subscription offerings across Facebook, Instagram, WhatsApp, and Meta AI, supporting long-term profitability and reducing reliance on ad sales. Overall, Wall Street shows strong confidence in Meta's ability to sustain growth through digital ads and new revenue streams like AI and subscriptions.
Meta now notifies parents if their teen talks about suicide or self-harm with its AI chatbot and is developing a feature to contact emergency services if risk is detected. This move addresses concerns about AI chatbots handling crisis conversations, ...
Meta Platforms has been upgraded to a buy rating due to its new cloud business, which is expected to stabilize cash flow and improve profitability. Despite heavy capital expenditures, Meta maintains strong free cash flow margins and operational effic...
Jim Cramer cautioned that the recent rally in Big Tech stocks like Alphabet, Microsoft, Meta, and Amazon might be more about investor optimism than real improvements in their business fundamentals. Despite positive news such as Warren Buffett's endor...
Meta Platforms faces a lawsuit from 26 employees alleging the company used AI tools and automated metrics to select workers for layoffs, disproportionately affecting those on medical, parental, or family leave. The lawsuit claims Meta's AI-driven per...
TappAlpha introduced the TappAlpha Cboe Magnificent 10 Growth & Daily Income ETF (TMGN), which offers exposure to the Cboe Magnificent 10 Index featuring leading tech companies like Nvidia, Microsoft, and Apple. This ETF applies TappAlpha's options-b...
