Meta has introduced Muse Image, a new AI-powered image generator developed by its AI unit, Meta Superintelligence Labs. Available for free on the Meta AI app, Instagram Stories, and WhatsApp, Muse allows users to create and edit images using AI, including presets for inspiration and features like removing unwanted objects or generating custom ads. The tool integrates with Facebook Marketplace for visualizing furniture and offers new AI effects for Instagram Stories. Meta plans to monetize usage beyond a free limit and is developing Muse Video, an AI video generator.
Meta Platforms is rated as a Strong Buy, trading at 17 times forward earnings, which is 19% below its five-year average. The company continues to expand its social media dominance, with average revenue per person rising 27% year-over-year, and growth...
Samsung's earnings report caused a sharp decline in chip stocks, particularly those tied to AI hardware, as investors questioned demand for memory chips. This led to a sell-off in companies like Micron. However, investors rotated their focus back to ...
Four US states—California, Colorado, Kentucky, and New Jersey—are suing Meta, accusing it of fueling a teen mental health crisis and violating the Children’s Online Privacy Protection Act. Meta estimates potential penalties could reach $1.4 trillion,...
Meta announced the launch of a cloud compute business to utilize its excess internal capacity, indicating a potential slowdown or cap on its capital expenditure growth. This move is expected to negatively impact AI hardware suppliers like Nvidia and ...
Truist Securities reaffirmed a 'Buy' rating on Meta Platforms with an $840 price target, suggesting a 37% upside from current levels. The bullish outlook is based on Meta's vast global user base of over 3.5 billion daily users and its growing ability...
