Meta was ordered by a New Mexico court to pay $25 billion for misleading users about data privacy in the Cambridge Analytica scandal. The jury found Meta liable for over 43 million violations of the state's unfair practices act, with each violation carrying a potential $5,000 fine. This penalty follows previous settlements but is separate since New Mexico was not part of the earlier $17 billion federal settlement. The judge emphasized the willful and systematic nature of Meta's violations, and interest will accrue at 15% annually until paid. Meta plans to appeal the ruling.
As of Oct 22, 2026 00:41 WIB, Meta Platforms Inc (META) trades at USD 708.15 on Pluang, showing a 2.00% gain in the past day. The stock holds a market cap of $1.77 trillion and an enterprise value of $1.79 trillion, with a dividend yield of 0.3%. Despite the court ruling ordering a $25 billion penalty, META's Pluang order activity leans more towards buying at 59%.
Meta is rumored to be planning a new stock issuance to finance its massive $145 billion AI infrastructure expansion, despite investor concerns about the risks involved. The company has so far avoided dilution by funding AI growth through debt, but sh...
Investors are growing cautious about the financial risks tied to the artificial intelligence boom, particularly as Meta prepares to report earnings. Previously, heavy spending by AI leaders, known as hyperscalers, boosted stock prices under the assum...
Meta Platforms is set to report Q3 results with a price target of $913.41, implying a 29% upside from its current price of $709.33. The company’s ad revenue is growing nearly 30% annually, driven by AI-powered products like Advantage Plus, which supp...
Meta's stock price remains capped below $730 despite a 27% rise in ad revenue driven by its AI-powered ad product. The company faces heavy capital expenditures of up to $145 billion in 2026, which have significantly reduced free cash flow and operati...
The future success of AI as a service hinges on achieving $1.4 trillion in annual revenue by 2030. Major hyperscalers like Microsoft, Google, and Amazon can sustain slower AI monetization due to their strong existing cash flows, while companies like ...
