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Meta Platforms (META) Reports Next Week: Wall Street Expects Earnings Growth
ZACKS· 2024-10-23 23:07
The market expects Meta Platforms (META) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be re ...
Prediction: This Artificial Intelligence (AI) Stock Will Likely Split Next
The Motley Fool· 2024-10-23 20:45
This company has the history, the numbers, and -- most importantly -- the right messaging to justify splitting its stock.Artificial intelligence (AI) stocks have been hot for two years. Some have done so well that the companies split their stocks to make it easier for investors to continue buying shares. For example, chip companies Nvidia and Broadcom soared to between $900 and $1,500 per share before executing 10-for-1 splits earlier this year.It's important to remember that stock splits lower the share pr ...
Meta Platforms: Time To Exercise Caution (Rating Downgrade)
Seeking Alpha· 2024-10-23 19:15
Since I wrote my last coverage on Meta Platforms (NASDAQ: META ) (NEOE: META:CA ) stock, “Why Meta's Stock Below $500 Is A Gift,” the stock has been up 24.5% in a span of three months.With 30 years until retirement, I’m leveraging my role as a Financial Analyst at a Fortune 500 firm to build a market-beating portfolio that targets both strong capital appreciation and aggressive dividend growth.My focus is on blue-chip companies with wide moats, competitive advantages, industry-leading market share, and prof ...
2 Incredible FAANG Stocks to Consider Adding to Your Portfolio in October
The Motley Fool· 2024-10-23 18:20
These dominant companies are experiencing strong growth that can power your savings.Growing your money with individual stocks is a lot easier than pundits make it out to be. The market-crushing returns of the FAANG stocks shows that investing in dominant companies that consistently report strong revenue growth is all you need to build wealth.The FAANG acronym refers to the following companies:Meta Platforms (formerly Facebook) (META 1.19%)Amazon Apple Netflix (NFLX -1.01%)Alphabet (formerly Google)Over the ...
Child-safety case against Meta and CEO Mark Zuckerberg dismissed
The Guardian· 2024-10-23 07:49
Meta Platforms and its chief executive, Mark Zuckerberg, won the dismissal of a lawsuit claiming they misled shareholders in Meta’s proxy statement about their ability to ensure the safety of children who use Facebook and Instagram.In a decision on Tuesday, the US district judge Charles Breyer in San Francisco said the plaintiff, Matt Eisner, failed to show that shareholders suffered economic losses from Meta’s alleged inadequate disclosures.Eisner also said federal securities law did not require Meta to de ...
2 No-Brainer Artificial Intelligence (AI) Stocks to Buy Right Now
The Motley Fool· 2024-10-22 22:07
There's a lot to choose from, but these are both great companies.When OpenAI's ChatGPT-3 was released to the public in late 2022, it started a firestorm of interest in all things artificial intelligence (AI). Although companies had been developing the technology for years -- Alphabet acquired the pioneering AI start-up DeepMind in 2014 -- ChatGPT and modern generative AI felt like a quantum leap forward.Since that time, markets have exploded, rewarding companies that bring the technology to market or that s ...
Meta: Another Earnings Beat Can Rapidly Change The Sentiment
Seeking Alpha· 2024-10-22 16:38
Meta (NASDAQ: META ) stock has performed well in the last few quarters as the AI race heats up. All the big tech companies are massively ramping up their CapEx in AI chips to build new services. However, Wall Street is nowI have worked in the technology sector for over 4 years. This included working with industry stalwarts like IBM. I have done my MBA in finance and have been covering various blue chip stocks for the past 6 years. Having hands-on knowledge in the technology sector has helped me gain valuabl ...
Meta to use facial recognition technology in fight against celebrity investment scam ads
The Guardian· 2024-10-22 07:00
Meta is fighting the scourge of celebrity investment scam ads with facial recognition technology to detect those who most often have their images used.The parent company of Facebook and Instagram announced on Monday it would begin trialling the use of facial recognition technology with a select pool of 50,000 celebrities or public figures worldwide on an opt-out basis in December.If Meta’s existing systems suspect an ad may be a scam, it would compare the images in the ad against the public figure’s Faceboo ...
Meta tests facial recognition for spotting ‘celeb-bait' ads scams and easier account recovery
TechCrunch· 2024-10-22 06:00
Meta is expanding tests of facial recognition as an anti-scam measure to combat celebrity scam ads and more broadly, the Facebook owner announced Monday. Monika Bickert, Meta’s VP of content policy, wrote in a blog post that some of the tests aim to bolster its existing anti-scam measures, such as the automated scans (using machine learning classifiers) run as part of its ad review system, to make it harder for fraudsters to fly under its radar and dupe Facebook and Instagram users to click on bogus ads. “ ...
Meta's smart glasses outsell traditional Ray-Bans in some stores, even before AI features roll out
TechCrunch· 2024-10-22 05:45
文章核心观点 - Ray-Ban Meta智能眼镜是欧洲、中东和非洲60%的Ray-Ban门店中最畅销的产品[1] - 尽管欧洲尚未推出Meta的多模态AI功能,但Ray-Ban Meta的销售并未受到影响,可能是因为消费者更关注眼镜的扬声器和摄像头功能而非AI能力[1] - Ray-Ban Meta的销售表现超出了Meta公司的预期,这可能是促使Meta将与EssilorLuxotica的合作延长到下一个十年的一个因素[2] 根据目录分类总结 销售表现 - Ray-Ban Meta智能眼镜是欧洲、中东和非洲60%的Ray-Ban门店中最畅销的产品[1] - Ray-Ban Meta的销售表现超出了Meta公司的预期[2] 产品功能 - 欧洲尚未推出Meta的多模态AI功能,但Ray-Ban Meta的销售并未受到影响,可能是因为消费者更关注眼镜的扬声器和摄像头功能而非AI能力[1] 合作关系 - Ray-Ban Meta的销售表现可能是促使Meta将与EssilorLuxotica的合作延长到下一个十年的一个因素[2]