AMD's stock fell nearly 19% in the past month amid sector volatility, even as the company secures major AI contracts with Anthropic, OpenAI, and Meta. The firm forecasts a 501% profit growth over four years, driven by data center AI revenue expected to more than double in 2027. Despite a high 190x earnings multiple compared to peers, analysts remain mostly bullish, with a hold rating and a price target around $527. Upcoming earnings will be closely watched for Helios product ramp and margin trends, which could influence AMD's valuation trajectory.
Meta Platforms trades at USD 608.61 on Pluang as of Nov 03, 2026 19:11 WIB, showing a slight 0.31% gain in one day. Despite AMD's recent stock drop, Meta maintains a strong market cap of $1.55 trillion. Pluang users mostly sell Meta shares, with 95% of order activity leaning that way, reflecting cautious sentiment around big tech stocks currently.
Bill Ackman, through Pershing Square, argues that Big Tech's capital spending on AI data centers, which rose from $140 billion in 2023 to $740 billion in 2026, is a strong growth investment despite pressuring free cash flow. The spending surge is mai...
Alphabet Inc. is experiencing a slowdown in ad revenue growth, losing market share to META. However, its Cloud segment is thriving with a 103% year-over-year revenue increase, driven by diverse offerings like TPU hardware and AI development tools. Th...
In the third quarter of 2026, Class A shares of the Alger Growth & Income Fund underperformed the S&P 500 Index. Key contributors to the fund's performance included Microsoft, Apple, and Meta Platforms, while KLA Corporation, Corning, and Broadcom we...
In October, major Big Tech companies including Alphabet, Meta, Marvell Technology, and Intel saw significant stock declines, with Intel dropping 44.6%. The selloff is driven by concerns over AI-related borrowing, spending, and the uncertain returns o...
Snap has settled a lawsuit brought by two teenagers who alleged that the company designed Snapchat to be addictive, contributing to their depression, anxiety, and eating disorders. This case was part of broader litigation against social media firms l...
