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The Latest Breaking News from Meta

Mark Zuckerberg Is Wooing Wall Street With AI Again. Is It Too Late to Buy META Stock?

Meta stock has risen to a record high following Q2 earnings. It might still not be too late to buy the stock, particularly for patient long-term investors.

Barchart

Magnificent Seven Now Worth Over $19 Trillion—And They Make Up 35% Of The S&P 500

Wall Street's most powerful tech giants are rewriting the rules of market dominance.

Benzinga

Meta, Microsoft And Google Are Unleashing A $250 Billion AI Tsunami

The AI revolution is officially a $240 billion spending spree. Meta Platforms Inc (NASDAQ:META), Microsoft Corp (NASDAQ:MSFT) and Alphabet Inc‘s (NASDAQ:GOOGL) (NASDAQ:GOOG) Google are pouring unprecedented capital into AI infrastructure, igniting what Wedbush analyst Dan Ives calls a “watershed moment” for technology.

Benzinga

From analysis to the latest developments in health,
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Voices: Can Mark Zuckerberg really be trusted to oversee the AI revolution?

COMMENT: As Meta's profits get supercharged by artificial intelligence, Facebook looks destined to be at the forefront of this exciting new tech frontier – but politicians should be guarding against worshipping at the altar of the tech bros, says James Moore

The Independent UK

Indigenous Kenyans forced off ancestral lands in name of conservation: NGOs

Indigenous communities in northern Kenya are being pushed off their land to make way for wildlife reserves, human rights groups say. They accuse conservation groups of using tourism and carbon offset schemes to justify evictions and violence.

Radio France Internationale

Meta Blasts Up 11% on Q2 Results—The AI Train Keeps Chugging

Meta Platforms obliterated Wall Street's expectations in Q2, sending shares up over 10%. The tech stock continues to be one of the best AI plays in the market.

MarketBeat

Meta's mixed reality glasses make my Meta Quest 3 look like a boulder

Meta’s newly published research gives us a glimpse at its future XR plans: it wants to make ultra-slim XR goggles.

TechRadar

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Artificial superintelligence is 'now in sight' according to Mark Zuckerberg and it's going to be really great, but only if it comes from Meta

And a bunch of other slightly unnerving stuff. It's El Zuck, after all.

PC Gamer

Mark Zuckerberg says Meta needs to be ‘careful about what we choose to open-source,’ citing fresh risks from superintelligence

Zuckerberg makes a case for a type of “personal superintelligence” that people can use to achieve their individual goals.

Fortune

Samsung's smartphone success stood out even as Q2 profits take a 55% hit

Samsung's phones were a hit, managing to thrive while the company's Q2 profit fell by more than half.

Android Central

Microsoft, Meta Stocks Add $440 Billion In A Day—Nearly Matching Netflix's Entire $503 Billion Market Cap

Microsoft Corp. (NASDAQ:MSFT) and Meta Platforms Inc. (NASDAQ:META) added over $400 billion in market capitalization after reporting robust earnings results on Wednesday, powered by artificial intelligence progress and roadmap, which is more than several big companies listed on the stock exchanges.

Benzinga

Key Fed Inflation Rate Overshoots As Layoffs Jump; S&P 500 Climbs

New data shows job cuts jumped 140% from a year ago in July. The Fed's favorite inflation gauge came in hot.

Investors Business Daily

Stock Market Today: Indexes Swing Lower While Amazon Rises Ahead Of Earnings; Apple Fades; IPO Figma Soars 277%

On the downside, copper futures plunged for a second straight day. Nvidia partner Arm slid nearly 11% in massive trade.

Investors Business Daily

Zuckerberg thinks those without AI glasses will be 'at a pretty significant cognitive disadvantage,' which sounds like something the guy who wants you to buy his AI glasses would say

A transparent motive.

PC Gamer

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The Independent UK

The only ways to detect text written by ChatGPT

Several recent studies have highlighted just how difficult it is to determine whether text was generated by a human or a chatbot

The Independent UK

Meta and Microsoft add $500bn to share price value overnight: ‘Investors are screaming with joy’

One expert said the surge was the sort ‘most companies can only dream of’

Benzinga

Why Meta Platforms Shares Are Trading Higher By Around 12%; Here Are 20 Stocks Moving Premarket

Shares of Meta Platforms, Inc. (NASDAQ:META) rose sharply in pre-market trading after the company reported better-than-expected second-quarter financial results and issued third-quarter sales guidance above estimates.

TechRadar

Meta pledges to spend billions on AI infrastructure - but will this help it catch up in the AI race

Meta is pouring more cash into the AI arms race as it looks to keep up.

Get all your
news in one place.

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Benzinga

Chamath Palihapitiya Laid Out A Short Case Against Meta, Alphabet In 2020—Both Have Since Rallied Over 160%

Despite forecasting a grim future for Big Tech in mid-2020, venture capitalist Chamath Palihapitiya's short thesis on Meta Platforms Inc. (NASDAQ:META) and Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL) has not materialized, as both stocks have posted massive gains over the past five years.

Benzinga

Microsoft Is Paying Up To $2.4 Million For Top Tech Talent—Leaked Docs Show Amid AI Talent Arms Race

Microsoft Corp. (NASDAQ:MSFT) is paying distinguished engineers up to $2.4 million annually, according to leaked internal compensation documents, revealing the software giant’s escalating investment in top-tier technical talent amid Silicon Valley’s heated artificial intelligence hiring war.

Barchart

Stocks Soar Before the Open on Upbeat Meta and Microsoft Results, U.S. PCE Inflation Data and More Big Tech Earnings on Tap

September S&P 500 E-Mini futures (ESU25) are up +0.97%, and September Nasdaq 100 E-Mini futures (NQU25) are up +1.30% this morning as forecast-beating quarterly results from Meta and Microsoft boosted sentiment.

The Independent UK

Meta warns its AI is showing signs of self-improving

‘The improvement is slow for now, but undeniable,’ says Mark Zuckerberg

Benzinga

Stock Market Today: S&P 500, Nasdaq To Open Higher After Robust Meta, Microsoft Earnings—Investors Await Apple, Amazon Results

U.S. stock futures rose on Thursday after ending on a mixed note on Wednesday. Futures of major benchmark indices were higher, except for the small-cap gauge Russell 2000.

Tom’s Guide

Mark Zuckerberg says AI superintelligence is 'now in sight' — here's what Meta thinks that means for you

The Meta CEO has laid out a vision for AI achieving superintelligence in the near future and says we'll interact with it through smart glasses.

Benzinga

Mark Zuckerberg Says Not Wearing Meta Ray-Ban Like AI Glasses Will Be Similar To Having Poor Vision Without Corrective Contact Lenses

Meta Platforms Inc. (NASDAQ:META) CEO Mark Zuckerberg believes smart glasses powered by artificial intelligence will become so essential that not wearing them will put users at a cognitive disadvantage—similar to living with poor eyesight and no corrective lenses.

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