Meta Platforms Inc
- Oracle dips 3% after announcing $50 billion fundraising plans. Here's why - The tech giant has invested huge sums in the AI infrastructure buildout in recent times
- Here is what caused the wild swings in our 34-stock portfolio last week - The S&P 500 closed lower Friday after briefly topping 7,000 for the first time ever Wednesday.
- Meta rises 8%, Microsoft sinks 11% as megacap tech stocks diverge after earnings - Meta jumped, while Microsoft plunged post-earnings as investors hunt for signs that big AI investments are paying off.
- Meta's Mark Zuckerberg gets green light from Wall Street to keep pouring money into AI - Meta's stock pop following the company's latest earnings beat is a sign that investors are OK with hefty AI spending as long as the core business stays strong.
- Meta’s Reality Labs posts $6.02 billion loss in fourth quarter - Meta’s Reality Labs posts $6.02 billion loss in fourth quarter.
- Meta shares rise on stronger-than-expected revenue forecast - Meta reported fourth-quarter earnings on Wednesday and provided stronger-than-expected sales guidance.
- TikTok Settles Social Media Addiction Lawsuit Ahead of a Landmark Trial - The settlement means TikTok will avoid a trial where plaintiffs had planned to argue that social media platforms are inherently defective and subject to personal injury liability.
- TikTok uninstalls are up 150% following U.S. joint venture - TikTok's daily average U.S. app uninstalls have increased nearly 150% over the past five days compared to the previous three months, Sensor Tower told CNBC.
- What I want from Apple, Meta and Microsoft in their key earnings reports - All three stocks are regarded as broken, and it's difficult to get more broken.
- Meta's Reality Labs cuts sparked fears of a 'VR winter' - Meta's deprioritizing virtual reality in favor of artificial intelligence and Internet-connected smart glasses raised concerns about the future of the industry.
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