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Oklo’s NRC Win And Meta Deal Reframe Its AI Power Ambitions
Simply Wall St.75d agoneutral
Oklo’s NRC Win And Meta Deal Reframe Its AI Power Ambitions

Oklo (NYSE:OKLO) received accelerated Nuclear Regulatory Commission approval for its Aurora reactor design, an uncommon outcome for the sector. The company signed a nuclear power agreement with Meta for up to 1.2 gigawatts to support large scale data and AI operations. Oklo also entered new government partnerships and expanded its customer pipeline with major data and AI companies. For investors tracking NYSE:OKLO, these regulatory and commercial updates arrive with the stock at $65.88 and...

AI just minted 19 new billionaires worth $59 billion
TheStreet75d agoneutral
AI just minted 19 new billionaires worth $59 billion

Money has a way of finding the people building tomorrow's tools before the rest of us notice. That was true in the dotcom boom, in the smartphone era, and again in the social media land grab a decade later. The AI boom looks different, at least so far. For the last three years, almost every story ...

Santa Clara Lawsuit Tests Meta’s AI Ad Model And Governance Balance
Simply Wall St.75d agobearish
Santa Clara Lawsuit Tests Meta’s AI Ad Model And Governance Balance

Santa Clara County filed a civil lawsuit against Meta Platforms (NasdaqGS:META), accusing it of knowingly profiting from scam ads that use AI systems. The suit targets Meta's advertising practices and claims the company prioritizes revenue over user safety. Alleged victims include seniors and small businesses that were defrauded through sophisticated scam campaigns. The case seeks financial penalties and broad changes to how Meta screens and serves ads on its platforms. Meta Platforms, the...

Mark Zuckerberg sends another message to Meta employees
TheStreet76d agoneutral
Mark Zuckerberg sends another message to Meta employees

Most executives announcing layoffs lean on a familiar script. They talk about efficiency, strategic alignment, and the need to position the company for long-term growth. The language is careful. The emotion is managed. What Mark Zuckerberg wrote to employees on May 20 was something different. In a ...

Mark Zuckerberg May Already Have an AI Agent Sidekick — Could This Be the Future for CEOs?
24/7 Wall St.76d agoneutral
Mark Zuckerberg May Already Have an AI Agent Sidekick — Could This Be the Future for CEOs?

Digital twins could soon go from science fiction to reality as the agentic wave takes off, colliding with deep personalization. Indeed, as AI gains greater access to our digital lives, as we allow it to look through emails, Slack messages, work tickets, codebases, social-media profiles, calendars, and contacts, at what point will AI act as ... Mark Zuckerberg May Already Have an AI Agent Sidekick — Could This Be the Future for CEOs?

The AI Trade Might Be Grossly Underestimated — and It Could Be Time To Rethink How We View the Mag 7
24/7 Wall St.76d agoneutral
The AI Trade Might Be Grossly Underestimated — and It Could Be Time To Rethink How We View the Mag 7

It’s pretty hard to know what to believe when it comes to this ongoing AI revolution. The AI bubble calls have been growing louder for well over a year now. And while some folks, including the great Michael Burry of The Big Short fame, might feel as though we’re in the lead-up to the peak ... The AI Trade Might Be Grossly Underestimated — and It Could Be Time To Rethink How We View the Mag 7

How The Story Is Shifting For TaskUs (TASK) As AI Grows And Trust And Safety Slows
Simply Wall St.76d agoneutral
How The Story Is Shifting For TaskUs (TASK) As AI Grows And Trust And Safety Slows

TaskUs is back in focus after the fair value estimate on the stock was trimmed from US$12.00 to US$9.50, a reduction of roughly 21% that resets expectations around what investors might be willing to pay. This shift lines up with recent analyst commentary that highlights client spending resets, pressure in Trust & Safety, and a mixed setup between legacy work and AI Services. As you read on, you will see how these moving pieces fit together and what to watch as the TaskUs story...

XOVR ETF: Watch Hyperscaler AI Capex Before Summer 2026 Earnings Season
24/7 Wall St.77d agoneutral
XOVR ETF: Watch Hyperscaler AI Capex Before Summer 2026 Earnings Season

The ERShares Private-Public Crossover ETF (NYSEARCA:XOVR) sits at an awkward crossroad heading into summer 2026. Shares trade near $19.08, down 5% year-to-date even as the public-side AI mega-caps it holds have ripped higher. That disconnect matters because XOVR is the rare ETF that pairs late-stage private growth (SpaceX is the publicly known anchor) with public ... XOVR ETF: Watch Hyperscaler AI Capex Before Summer 2026 Earnings Season

Unity And Meta Extend VR Partnership As Investors Weigh Execution Risk
Simply Wall St.77d agobullish
Unity And Meta Extend VR Partnership As Investors Weigh Execution Risk

Unity Software (NYSE:U) has extended and expanded its multi year partnership with Meta to continue providing core engine support for Meta’s virtual reality platform. The renewed agreement focuses on deeper integration between Unity’s development tools and Meta’s VR hardware, covering both gaming and enterprise use cases. This extension confirms Unity’s role as a key content creation platform for VR experiences across Meta’s ecosystem. Unity Software enters this renewed partnership with Meta...

Meta Platforms Will Be a $2 Trillion Company On This Date
24/7 Wall St.77d agoneutral
Meta Platforms Will Be a $2 Trillion Company On This Date

Meta Platforms (NASDAQ:META | META Price Prediction) delivered a strong earnings beat, yet shares drift lower. Q1 2026 revenue jumped 33.08% to $56.311 billion, EPS came in at $10.44 versus a $6.6587 estimate, and CEO Mark Zuckerberg said the company is “on track to deliver personal superintelligence to billions of people.” Shares trade at $610.26 ... Meta Platforms Will Be a $2 Trillion Company On This Date

Wells Fargo Reduces PT on Meta Platforms (META) Stock
Insider Monkey77d agoneutral
Wells Fargo Reduces PT on Meta Platforms (META) Stock

Meta Platforms, Inc. (NASDAQ:META) is one of the Best Long-Term Stocks to Buy Now for High Returns. On May 20, Wells Fargo analyst Ken Gawrelski reduced the firm’s price objective on the company’s stock to $765 from $770 and kept an “Overweight” rating on the shares. As per the firm, the broader market confidence continues […]

Alphabet Bets On AI Glasses And Cheaper Gemini To Deepen Ecosystem
Simply Wall St.77d agoneutral
Alphabet Bets On AI Glasses And Cheaper Gemini To Deepen Ecosystem

Alphabet (NasdaqGS:GOOGL) officially launched Android XR powered AI smart glasses at Google I/O 2026, positioning Google more directly in the smart glasses market against Meta and Apple. Google expanded global wearables partnerships, including collaborations with Samsung, Gentle Monster, and Warby Parker, to broaden distribution and design options for its AI glasses. The company cut Gemini enterprise AI pricing by 20% to drive wider adoption, alongside reported 40% growth in enterprise usage...