Meta faces a class action lawsuit from parents and children in California and Illinois over its unreleased smart glasses feature called "NameTag." The suit alleges Meta used Facebook and Instagram photos without permission to develop a facial recognition system and train AI models, violating privacy laws. Meta denies wrongdoing, stating no final decision has been made on the feature and no universal face database is being built. The case highlights growing privacy concerns around biometric data and AI technologies in consumer products.
Meta Platforms received a Buy rating with a price target of $817 per share, implying a 26% upside from current levels. The company showed strong Q2 2026 ad revenue growth, with impressions up 14% and average ad price rising 12%, supporting solid earn...
Meta Platforms' stock surged over 21% in 27 days due to resolving social media lawsuits and launching its AI platform Muse. Goldman Sachs analyst Eric Sheridan maintained a 'Buy' rating and a $725 price target, signaling a potential 9.22% rise from c...
Meta's stock is currently undervalued compared to the S&P 500 despite strong growth and 3.6 billion daily users. Analysts predict earnings per share could reach up to $40.31 in 2027, with a price target as high as $900, reflecting a potential 39% ups...
Three leading AI CEOs urged a slowdown in advancing AI models due to risks like loss of control and misuse, causing a market shift. Chipmakers like Nvidia and suppliers saw sharp declines, while software giants Meta, Alphabet, and Microsoft gained or...
AI infrastructure investments are growing faster than revenue, causing major tech companies like Broadcom to face negative free cash flow and increased debt. Despite strong AI revenue growth, Broadcom struggles with margin compression and supply cons...
