A New Mexico judge ordered Meta to pay $25 billion for misleading Facebook users about privacy in the Cambridge Analytica scandal, far exceeding the $5 billion FTC fine in 2019. The ruling implicates CEO Mark Zuckerberg and former COO Sheryl Sandberg personally, highlighting that the violations were central to Facebook's business model. Meta is appealing the decision, and the penalty is tied up with interest until resolved. Despite the large fine, Meta's strong revenue growth and market value suggest it can absorb the cost, though ongoing legal challenges could impact future profits.
Meta Platforms Inc shares are trading at USD 653.24 on Pluang, down 6.35% in the last day. The stock's market cap stands at $1.78 trillion, with a 32% sell and 68% buy order activity mix. These figures are current as of Oct 22, 2026 21:21 WIB.
Scotiabank analyst Nat Schindler set a $650 price target for Meta Platforms, about 6.8% below its then-current price of $697.52. Despite Meta's strong revenue from Facebook, Instagram, and WhatsApp, investor concerns over increased artificial intelli...
Meta Platforms posted a negative free cash flow of $2.12 billion in Q3 2026, the first since its 2012 IPO, driven by $34.91 billion in capital expenditures mainly for AI infrastructure. Despite generating $32.79 billion in operating cash, the company...
Meta Platforms' ad revenue growth is now driven mainly by price increases, with impression growth nearly halving over three quarters, increasing recession risk. The company launched Muse, an AI agent enabling 'pull' advertising where users specify wh...
The NYSE pre-market update on October 22, 2026, highlighted Xona's recent $2.45 billion valuation following a successful satellite launch, with CEO Brian Manning set to discuss capital allocation on NYSE Live. The update also covered F&G's survey rev...
AMD continues to impress with robust revenue growth, especially in its data center segment, which grew 107% year-over-year to $6.7 billion in Q2 FY2026. The company benefits from major AI partnerships with OpenAI, Meta, and Anthropic, shipping integr...
