A New Mexico judge has ordered Meta Platforms to pay $25 billion after a jury found the company misled consumers about data privacy. The case stems from allegations that Cambridge Analytica, a political consulting firm linked to Donald Trump's 2016 campaign, improperly accessed data from millions of Facebook users without consent. The state accused Meta of deceptive statements regarding data access, hate speech policies, and misinformation handling. The penalty will fund New Mexico's school system, highlighting serious legal and financial risks for Meta over user privacy violations.
Meta Platforms, with a market cap of $1.77 trillion as of Oct 22, 2026 01:01 WIB, is currently seeing a 2.00% gain in its stock price on Pluang. Trading volume stands at 16,684,869 shares, and the stock offers a dividend yield of 0.3%. Despite the recent $25 billion penalty ruling, Meta's shares show positive momentum with 59% of Pluang orders being buys at this time.
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 c...
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...
