Meta settles $8 billion Facebook privacy lawsuit
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Meta Platforms is shifting its focus and riding a powerful, bullish trend. Investors should consider the wide range of Meta stock price targets and formulate a strategy for all possible outcomes.
Meta Platforms, Inc. (NASDAQ: META) is one of the AI Stocks Gaining Attention on Wall Street. On July 15, BofA Securities analyst Justin Post raised the price target on the stock to $775.00 (from $765.00) while maintaining a “Buy” rating.
Meta is making massive AI investments, aiming to become a leading AI powerhouse and compete with OpenAI and other peers. Read more on META stock here.
Analysts are in love with Meta's aggressive growth strategy in recent years and believe it can keep performing.
Meta Platforms has gained over 1,200% since 2012. The company is now investing heavily in artificial intelligence, bolstering our stock price predictions.
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Connor Hayes has been chosen to helm Meta Platforms' (META) text-based social media app Threads, Axios reported on Thursday.
Meta appointed Connor Hayes, Meta’s VP of product for generative AI, to become the head of Threads, per Axios. Until now, Instagram head Adam Mosseri has been in charge of Threads. But the platform has grown into more than a side product of Instagram, necessitating additional leadership.
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Mark Zuckerberg said on Monday that Meta Platforms would spend hundreds of billions of dollars to build several massive AI data centers for superintelligence, intensifying his pursuit of a technology he has chased with a talent war for top engineers.
Artificial intelligence is extremely important to the future of Meta Platforms, and the potential impact of the technology still seems to be underappreciated by the market. Meta's stock price is attractive, and it would be a buy whether it made the move to invest in Scale AI or not.
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Asian News International on MSN"Distorting facts and misleading users": CM Siddaramaiah slams Meta over faulty Kannada translationsKarnataka Chief Minister Siddaramaiah raised serious concerns on Thursday over the inaccurate auto-translations of Kannada content on Meta platforms, including Facebook and Instagram, warning that such errors are "distorting facts and misleading users.