Meta Platforms' stock is currently trading at $567.58, significantly below its 24/7 Wall St. price target of $837.78, implying a 47.61% upside. Despite a recent selloff due to increased capital expenditure guidance for 2026, Meta reported strong Q1 earnings with a 56.79% EPS beat and 33% revenue growth, driven by rising ad impressions and prices. The bullish outlook is supported by Wall Street's positive ratings, accelerating ad revenue, and progress in AI technology, particularly Meta Superintelligence Labs. Risks include high operating losses in Reality Labs and potential margin pressure, but the stock remains attractive for investors willing to endure volatility ahead of Q2 earnings. Longer-term projections see Meta's value potentially doubling by 2031 if it successfully manages ad monetization, AI investments, and regulatory challenges.
TappAlpha introduced the TappAlpha Cboe Magnificent 10 Growth & Daily Income ETF (TMGN), which offers exposure to the Cboe Magnificent 10 Index featuring leading tech companies like Nvidia, Microsoft, and Apple. This ETF applies TappAlpha's options-b...
A group of current and former Meta employees filed a lawsuit claiming the company used artificial intelligence in its recent layoffs in a discriminatory way. The lawsuit alleges Meta's AI systems ignored approved absences like medical or family leave...
Meta faces a lawsuit from 26 employees accusing the company of using AI tools that unfairly targeted workers with disabilities and those on medical leave during recent layoffs. The suit claims Meta's AI system, including an internal bot and activity ...
Meta Platforms announced it will release its second quarter 2026 financial results after market close on July 29, 2026. The company will hold a conference call at 1:30 p.m. PT to discuss the results, which will be available live via webcast on its in...
A group of publishers and authors, including Hachette and Elsevier, filed a class action lawsuit against Google, accusing it of using their copyrighted books to train its AI platform, Gemini, without permission. The lawsuit alleges Google also remove...
