Meta shares fell ~7.45% after-hours on an EPS miss despite revenue beat, driven by surging costs, collapsing free cash flow, and raised AI capex guidance ($130B-$145B) that spooked investors.
Meta and other social media firms face potential hefty fines in Australia over weak enforcement of under-16 bans, raising regulatory risks amid underage user concerns.
A California jury found Google and Meta negligent in a social media addiction trial, causing sharp stock declines. Wells Fargo praises Google as a strong buy due to its diverse revenue streams and do…
ARK Invest reduced holdings in AI-focused tech stocks including Nvidia and Meta amid market selloff driven by Iran conflict and rising inflation fears, signaling negative near-term sentiment for thes…
Meta’s stock plunged nearly 8%, losing $119 billion in market cap after a jury ruled it liable for addictive app design harming young users, opening the door to thousands of similar lawsuits and sign…
META suffered a serious security breach exposing sensitive company and user data to unauthorized employees for nearly two hours, though no user data was mishandled.
Meta Platforms faces a multi-billion dollar lawsuit from Solos Technology over alleged smartglasses patent infringements, potentially impacting its smartglasses development and future innovations.