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California Governor Gavin Newsom signed legislation banning social media platforms from serving 'addictive features,' like algorithmic feeds and autoplay, to users under 16. The law introduces tighte…
Barclays lifted its year-end S&P 500 target to 7,950 from 7,800, citing strong earnings growth and AI-related spending. Cloud giants Alphabet, Amazon, and Meta are projected to drive heavy capex exce…
Cathie Wood's ARK Invest bought 43,091 Meta shares worth $27.9 million while shedding $27.8 million in Alphabet stock. The reallocation highlights rising optimism surrounding Meta's AI momentum follo…
Meta trades at a valuation discount relative to the market despite 28% revenue growth. However, aggressive capital spending on AI infrastructure—projected at $130B to $145B—threatens to consume almos…
The Trump administration proposed eliminating the 60-day grace period for H-1B and other visa holders after job loss, requiring immediate departure. The rule could disrupt tech staffing, limit foreig…
Cathie Wood’s ARK Invest sold $27.8 million of Alphabet while buying $27.9 million of Meta Platforms. The portfolio swap sparks valuation debate as Meta faces surging costs and compressed margins, wh…
Reddit shares jumped 6% following Piper Sandler data showing user growth accelerated at its fastest pace this year. The data helped ease broader digital advertising slowdown concerns sparked by Pinte…
Reddit shares jumped after Piper Sandler reported 8% monthly user growth in August, lifting peers like Pinterest and Snap. Meanwhile, the SOCL ETF dipped as mega-caps Meta and Alphabet lagged, easing…
Meta rose after its new AI agent, Muse, surged to No. 3 on the U.S. App Store. Adding momentum, JPMorgan upgraded the stock from Neutral to Overweight and raised its price target to $820, citing high…
Meta's $18 billion multi-state settlement over teen social media use spreads payments across ten years, avoiding catastrophic liability. Operational adjustments, including a two-hour teen limit, rema…
Meta shares rallied following the rollout of its Muse personal AI agent, boosting Mark Zuckerberg's net worth by $13.7 billion. Despite pulling back slightly on Thursday, the stock touched its highes…
Goldman Sachs chief economist Jan Hatzius warns that aggressive corporate AI spending will inevitably slow down after the current build-out phase. Despite eventual deceleration risks, PwC projects gl…
Meta's new Muse AI agent surged to No. 3 in the US App Store, prompting a JPMorgan upgrade to Overweight with an $820 price target. However, Wall Street remains divided over monetization timelines, i…
Surging oil above $100 and multi-year high Treasury yields pressure broader equity indices amid Middle East tensions. Gold rallied on safe-haven demand, while analysts issued bullish research calls, …
Escalating Iran conflict pushed Brent crude past $100 and benchmark Treasury yields to 4.84%, pressuring US equities lower. Gold surged to $4,400 with Bitcoin holding resiliently, while Wall Street i…
Meta rose in premarket trading after JPMorgan upgraded the stock to Overweight from Neutral and lifted its price target to $820. The upgrade follows strong early adoption of Meta's new consumer AI ag…
Vistra secured 20-year power purchase agreements with Meta for 2,600 MW of nuclear power and AWS for 1,200 MW. Additionally, Vistra partnered with Nvidia and KKR on the Helix Digital Infrastructure v…
US stock futures traded mixed ahead of wholesale inflation data, while crude oil jumped on escalating US-Iran conflict near the Strait of Hormuz. Apple gained following the unveiling of its foldable …
JPMorgan upgraded Meta Platforms to Overweight from Neutral and raised its price target to $820 from $640. The upgrade highlights Meta's frontier AI advances, specifically the Muse AI agent, which op…
Meta launched consumer AI agent Muse, which rapidly surged to #3 on the U.S. App Store. Following strong early adoption, J.P. Morgan upgraded Meta to Overweight with an $820 price target, citing mass…