Technical analysis from TradingShot suggests Meta Platforms' stock may decline to $485 by mid-November 2026, reflecting a pattern similar to its 2018 correction. Currently trading around $644, Meta is in a bearish phase after failing to break above a long-term descending channel. The stock is between its 50-week and 100-week moving averages, a setup that preceded a deeper sell-off in 2018. If the pattern holds, the decline could extend to $450, representing a 43.77% drop from its all-time high. Despite this technical outlook, Wall Street remains optimistic about Meta's long-term growth due to strong ad revenue and AI investments. Investors will watch Meta's Q2 2026 earnings report for updates on revenue and AI progress.
Jefferies analysts see Meta's AI-enabled glasses as a promising new hardware growth area, estimating a $14 billion to $18 billion revenue opportunity over the next several years. The glasses, which combine cameras, open-ear audio, and Meta AI integra...
Alphabet and other major hyperscalers are under close watch as their Q2 earnings reports reveal how well they manage capital expenditures (capex) against returns on investment (ROI). Capex for hyperscalers is expected to hit around $750 billion by 20...
STARTRADER has introduced 42 new US Stock CFDs available 24/5 and will add 43 more CFDs with 24/7 trading starting July 27, 2026. This expansion covers major sectors including technology, energy, healthcare, and finance, featuring companies like NVID...
Nightview Capital exited Meta, Intuitive Surgical, Shopify, and EchoStar, while increasing stakes in Las Vegas Sands, MGM Resorts, and Wynn Resorts, focusing on gaming and hospitality. They argue the market overreacted to AI risks in software, believ...
Meta is testing StoryKit, an AI-powered app that generates personalized children's stories with custom characters, settings, and moral lessons. The app allows parents to create stories by snapping photos of toys or people to bring characters to life ...
