Meta Platforms reported a 28% year-over-year revenue increase in Q2, driven by its Family of Apps segment, but free cash flow fell sharply due to $31 billion in capital expenditures. Management projects Q3 revenue between $61 billion and $64 billion and expects AI investments to boost free cash flow and earnings per share after 2026. Despite recent stock declines linked to heavy spending and technical resistance, the company's valuation remains attractive. Key risks include uncertainty over returns on capital investments, digital advertising cycles, ongoing litigation, and challenging stock price technicals.
Semiconductor sector selloffs, which previously caused notable declines in the S&P 500, have lost their impact in 2026. Historically, when the semiconductor index (SOX) dropped by 3% or more, the S&P 500 averaged a 2.38% decline from 2006 to 2025. Ho...
A federal appeals court ruled that social media companies like Meta, Snap, TikTok, YouTube, and Roblox cannot use Section 230 of the Communications Act to dismiss thousands of lawsuits alleging addiction among young users. The court said Section 230 ...
OpenAI has expanded its Daybreak cybersecurity program to include two access levels: Daybreak Blue and Daybreak Red, aimed at helping partners defend against evolving cyber threats. Daybreak Blue offers access to advanced general AI models with modif...
Meta introduced Muse Glimmer, a 30-billion parameter open-weight AI model designed to run locally on consumer hardware like Macs or PCs with a single GPU. It supports multi-step tasks such as coding, file management, and scheduling, all while priorit...
Meta CEO Mark Zuckerberg outlined a vision for artificial intelligence focused on empowering individuals rather than replacing workers. In a detailed essay, he emphasized making advanced AI widely accessible to foster entrepreneurship, scientific res...
