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 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...
A group of current and former Meta employees filed a lawsuit claiming the company used artificial intelligence in its recent layoffs in a discriminatory way. The lawsuit alleges Meta's AI systems ignored approved absences like medical or family leave...
Meta faces a lawsuit from 26 employees accusing the company of using AI tools that unfairly targeted workers with disabilities and those on medical leave during recent layoffs. The suit claims Meta's AI system, including an internal bot and activity ...
Meta Platforms announced it will release its second quarter 2026 financial results after market close on July 29, 2026. The company will hold a conference call at 1:30 p.m. PT to discuss the results, which will be available live via webcast on its in...
