Passage Research initiates coverage of Meta Platforms with a strong buy rating and a price target of $882, highlighting the company's undervaluation and strong growth in its core advertising business. Meta's Family of Apps segment generates over 97% of its revenue, with rising average revenue per user (ARPU) and return on ad spend (ROAS) despite margin pressure from investments in AI infrastructure. While capital expenditures are high and risks include ongoing losses in Reality Labs, regulatory challenges, and economic sensitivity, the analyst expects margin declines to ease and earnings per share growth to accelerate by 2025, supporting a potential stock price recovery. Meta's stock has declined about 5% year-to-date, partly due to sector rotation away from major tech names.
Meta introduced Muse, a personal AI agent designed for easy use by everyone, available via the Muse app and WhatsApp. Powered by Meta's Muse Spark model and secured by Muse Secure VM, Muse can perform tasks like sending emails, booking travel, and ma...
Meta has introduced Muse, an AI-powered personal assistant app available in a free version or with subscription plans costing $20 or $100 monthly based on usage. The app helps users with tasks like booking appointments, filling forms, and monitoring ...
Meta has introduced Muse, its new personal AI assistant designed to help users in the U.S. with everyday tasks like sending emails, booking travel, and making purchases. Muse connects to various apps and services, requiring users to share more person...
The US Department of Energy has provided a $1.9 billion loan to NextEra Energy to refurbish the Duane Arnold nuclear power plant in Iowa, marking a major step in reviving nuclear power to support growing electricity demand from AI data centers. This ...
Meta is quietly building one of the largest AI compute infrastructures globally, funded by its robust advertising business that serves 3.6 billion daily users. In Q2 2026, Meta's ad revenue rose 27% year-over-year to $59.36 billion, generating strong...
