Meta Platforms stock dropped 4% ahead of a major child safety trial accusing it of harming young users through manipulative features. The lawsuit, involving 29 states, claims Meta knowingly caused mental health issues and violated privacy laws, with potential damages up to $1.4 trillion. Pinterest and Snap stocks also fell despite not being defendants, reflecting broader sector legal concerns. Investors will watch for testimony from Meta leaders and the trial's impact on future social media litigation and insurance risks related to a joint data center project with BlackRock.
Meta's $18 billion child safety settlement requires TikTok and YouTube to adopt similar protections and pay $5.3 billion combined. Meta tried running ads on TikTok urging them to join the deal, but TikTok rejected the ads citing a ban on political co...
Meta Platforms remains a Buy recommendation as it focuses on AI and personal intelligence for growth. The recent $18 billion settlement over social media addiction has a limited financial impact, spread over ten years, minimally affecting free cash f...
Alphabet and Meta reported Q2 2026 earnings with contrasting outcomes: Alphabet's cloud revenue surged 82% year-over-year, driven by strong AI infrastructure adoption and a growing search business, expanding its operating margin to 34%. Meta saw a 27...
Meta's stock climbed 7.55% in the past month, outperforming the S&P 500 despite a tough summer marked by a Q2 earnings miss and heavy capital expenditures hitting $31.1 billion. Advertising revenue grew 27% year-over-year, driven by AI-powered ad too...
The iShares Large Cap Core Active ETF (BLCR) has delivered a remarkable 105% price return since its launch in late 2023, outperforming peers and large-cap growth indices. Its strategy focuses on fundamentally strong stocks with high earnings growth a...
