We just covered Billionaire Dan Loeb Pivots to AI and Sells Old Economy Stocks: His Top 7 AI Picks. Meta Platforms (NASDAQ:META) ranks #2 (see Billionaire Dan Loeb’s Top 5 AI Stock Picks). Billionaire Dan Loeb’s Stake: 90,000 Shares Valued at Approximately $51.49 Million (NEW position) Billionaire Dan Loeb opened a new position in Meta […]
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Traders and speculators are going wild for SpaceX, which just achieved the biggest IPO in history, minting Elon Musk as the world's first trillionaire.
US stocks look set for a cautious start on Wednesday as investors await the first Federal Reserve interest rate decision under new chair Kevin Warsh, with the focus less on the immediate policy outcome and more on the route forward. Futures point to a flat open for the Dow Jones and S&P...
A group of Italian families has filed a lawsuit against Meta Platforms (META) and TikTok, alleging t
Ed Zitron, journalist and infamous AI bear, got his hands on newly leaked OpenAI financials that give the term "cash burn" a whole new meaning.
(Bloomberg) -- Apple Inc. investors are losing patience with the company’s talk about becoming a more formidable presence in artificial intelligence and want to start seeing some results.Most Read from BloombergRead the 14-Point Draft Memorandum Between the US and IranIran’s Deputy Foreign Minister Confirms Deal Reached With USModi Warns of ‘Shortage of Trust’ Ahead of Trump MeetingNetanyahu Pays a Political Price for Trump’s Iran DealUS Set to Offer Iran Broad Financial Gains in Peace Deal“Ther
(Bloomberg) -- SpaceX shares are poised for a fourth straight day of gains, reinforcing the company’s place among the world’s largest after it surpassed Amazon.com Inc. by market value.Most Read from BloombergRead the 14-Point Draft Memorandum Between the US and IranIran’s Deputy Foreign Minister Confirms Deal Reached With USModi Warns of ‘Shortage of Trust’ Ahead of Trump MeetingNetanyahu Pays a Political Price for Trump’s Iran DealUS Set to Offer Iran Broad Financial Gains in Peace DealShares
Meta Platforms (NasdaqGS:META) reports that Threads has reached 500 million monthly active users. The company is introducing new features, including a Communities Hub, custom app icons, and expanded feed controls called "Your Algo". The updates are aimed at strengthening Threads as a public conversation app within Meta’s broader ecosystem. For investors following Meta Platforms, Threads is emerging as a meaningful extension of the company’s social media portfolio beyond Facebook, Instagram,...
CEO Evan Spiegel took a jab at Meta, saying "those copycats up north" won't be able to replicate Specs, citing Snap's portfolio of over 7,000 patents.
(Bloomberg) -- Kuaishou Technology is in discussions with General Atlantic to lead a first round of financing for its video AI arm, seeking to secure a major US backer ahead of an initial public offering.Most Read from BloombergIran’s Deputy Foreign Minister Confirms Deal Reached With USNetanyahu Pays a Political Price for Trump’s Iran DealRead the 14-Point Draft Memorandum Between the US and IranStudios in Microsoft’s Xbox Division Brace for ClosuresUS Set to Offer Iran Broad Financial Gains in
The comments come in the wake of Meta’s latest round of job cuts and internal reorganizations aimed at funding and accelerating its AI ambitions.
Meta Platforms (META) reached $600.21 at the closing of the latest trading day, reflecting a +1.13% change compared to its last close.
On June 16, 2026, investors weighed Snap’s pricey new AR glasses against its long-term hardware ambitions and activist pressure.
The update underscores Threads' growing role in Meta's social media ecosystem.
New community tools aim to boost engagement
Meta said Threads reached 500 million monthly users, while Korea app time rose over 80%.
Meta Reveals Major Threads Upgrade After Reaching 500 Million Users
The optics told the story before the lawyers did. At the recent America 250 UFC card on the White House lawn, Mark Zuckerberg sat ringside while Anthropic CEO Dario Amodei was nowhere to be found. According to TBPN hosts John Coogan and Jordi Hays, that single frame captured a widening political and cultural gap that ... Mark Zuckerberg’s Ringside Seat is Becoming A Big Problem for Anthropic
Meta Platforms, Inc. (NASDAQ:META) ranks among our list of Top Stocks to Buy and Hold for the Long Term. Recently, on June 11, Bank of America Analyst Justin Post reiterated a Buy rating on Meta Platforms, Inc. (NASDAQ:META) with a price target of $835. The firm noted that Meta’s expanding AI strategy is a key […]
Meta Platforms Inc (NASDAQ:META, XETRA:FB2A, SIX:FB) has rolled out new AI-powered search capabilities across its apps as part of a broader push into AI-native products, with Bank of America analysts saying the update could mark an early step toward a larger search and monetization opportunity...
The company is set to beat consensus estimates for its second-quarter backlog, Cantor Fitzgerald analyst Brett Knoblauch says.
EssilorLuxottica, the world's largest eyewear maker, has signed a long-term deal with U.S. chipmaking equipment company Applied Materials to develop augmented reality display technology and AI glasses, the companies said on Tuesday. (Reporting by Gianluca Lo Nostro; Editing by Emelia Sithole-Matarise)