Meta Platforms announced a quarterly cash dividend of $0.525 per share for both Class A and Class B common stock. The dividend will be paid on June 25, 2026, to shareholders recorded by the close of business on June 15, 2026. This move reflects Meta's ongoing commitment to returning value to its investors while it continues to develop AI and immersive technologies for future human connection experiences.
Jim Cramer highlighted that major tech companies like Nvidia, Google, and Meta are raising huge amounts of capital, benefiting big banks through underwriting fees. He identified four key drivers boosting bank profits: higher short-term interest rates...
Goldman Sachs projects that capital expenditures (capex) by major hyperscalers like Alphabet, Amazon, Meta, Microsoft, and Oracle could reach $1.1 trillion by fiscal year 2027, driven largely by AI data center buildouts. Oracle alone forecasts up to ...
In 2012, Meta (then Facebook) bought Instagram for $1 billion, a move seen as risky but crucial against mobile disruption. Instagram now contributes to Meta's Family of Apps segment, which generated $55.91 billion in Q1 2026, helping Meta post $56.31...
The traditional 'Magnificent 7' tech stocks that dominated market returns are losing their exclusive spotlight as AI innovation broadens the field. New groups like the 'FAB 10' now include private AI leaders such as OpenAI, Anthropic, and SpaceX, alo...
Major AI companies NVIDIA, Microsoft, and Meta Platforms have seen significant stock price declines from their 52-week highs despite strong revenue growth and bullish analyst sentiment. NVIDIA's data center revenue surged 92% year over year, Microsof...
