Meta Platforms introduced its new AI model, Muse Spark, developed by its Meta Superintelligence Labs. This advanced multimodal model supports tool use, visual reasoning, and multi-agent coordination, expected to enhance AI features across Meta's platforms like Instagram and Facebook. Wall Street analysts responded positively, with Morgan Stanley, Bank of America, and Mizuho reaffirming buy or outperform ratings and setting price targets between $775 and $885, citing strong AI potential and solid fundamentals. The average 12-month price target is about $851, reflecting nearly 39% upside, driven by optimism around Meta's AI innovations and advertising growth prospects.
Meta now notifies parents if their teen talks about suicide or self-harm with its AI chatbot and is developing a feature to contact emergency services if risk is detected. This move addresses concerns about AI chatbots handling crisis conversations, ...
Meta Platforms has been upgraded to a buy rating due to its new cloud business, which is expected to stabilize cash flow and improve profitability. Despite heavy capital expenditures, Meta maintains strong free cash flow margins and operational effic...
Jim Cramer cautioned that the recent rally in Big Tech stocks like Alphabet, Microsoft, Meta, and Amazon might be more about investor optimism than real improvements in their business fundamentals. Despite positive news such as Warren Buffett's endor...
Meta Platforms faces a lawsuit from 26 employees alleging the company used AI tools and automated metrics to select workers for layoffs, disproportionately affecting those on medical, parental, or family leave. The lawsuit claims Meta's AI-driven per...
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...
