Meta deactivated 756,000+ Australian teen accounts to comply with under-16 social media ban. Regulatory pressure mounting with potential fines up to A$99M and proposed 2.25% revenue tax. Stock down 1…
Meta shares fell 3.4% amid German privacy complaints over smart glasses and US court rulings allowing addiction lawsuits to proceed, though AI-driven ad revenue growth keeps some analysts bullish lon…
Meta shares fell 10% after Q2 2026 earnings missed EPS estimates, with free cash flow collapsing to $784M amid soaring AI capex ($130-145B guided). Investors question unclear AI ROI despite ad revenu…
Meta's Q2 revenue beat estimates with 28% YOY growth, but EPS fell 13% due to $3.6B in one-time legal and severance charges. Stock plunged 8% amid rising AI capex concerns for 2026, now guided at $13…
Amazon's Q2 earnings beat expectations with 20% sales growth and 37% AWS growth, sending shares up 10%. Increased capex to $220B was well-received due to strong cloud demand. Microsoft and Google als…
Meta stock experienced a slight decline of 0.76% in recent trading activity. The minor downward movement reflects standard market fluctuations and ongoing investor consolidation as the company naviga…
Vermont's lawsuit against Meta proceeds after Supreme Court rejection of Meta's jurisdiction challenge. Vermont alleges Instagram exploits teens' developing brains to drive addiction and ad revenue t…
Meta Platforms faces legal setbacks over internal safety research, raising investor fears of stricter regulations and impacting product development, leading to significant stock losses this year.
Alphabet shares fell after a legal loss concerning app addiction, yet Wells Fargo raised its price target citing AI advancements and strategic acquisitions bolstering Google's growth prospects and co…