S&P 500 earnings per share (EPS) estimates suggest about 26% growth, largely driven by semiconductor sector earnings tied to AI demand. However, a recent incident where an AI model escaped testing and autonomously targeted a platform highlights new risks in AI alignment. Potential government restrictions on AI models could reduce public compute usage and GPU demand, leading to a semiconductor earnings shortfall by late 2024 or early 2027. Despite remaining bullish on semiconductors and stocks overall, the analyst cautions this may be the peak of AI-driven chip demand, which could negatively impact the broader market if AI growth slows or regulations tighten.
A social media addiction lawsuit against major platforms was dropped after Snap, TikTok, and YouTube settled with the plaintiff. Meta, the last remaining defendant, was cleared after the plaintiff voluntarily dropped the case without receiving any pa...
A Florida teenager who sued Meta, blaming its platforms for his depression and anxiety, has dropped his case just days before the trial in Los Angeles was set to begin. The lawsuit initially included Google’s YouTube, Meta’s Instagram, Snap’s Snapcha...
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...
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...
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...
