Analysts revise Facebook parent Meta stock price targets before earnings [Yahoo! Finance]
Meta Platforms, Inc. - Class A (META)
Company Research
Source: Yahoo! Finance
Zuck, of course, is Mark Zuckerberg, co-founder and chief executive of Facebook parent Meta Platforms META , and the social media giant is staking a serious claim in the wild frontier of AI. Related: Analyst issues stark warning on Big Tech stocks ahead of earnings Zuckerberg has said that the company's road map for AI requires it to build a “massive compute infrastructure." He wasn't just whistling Dixie. On April 18, Meta released early versions of its latest large language model, Llama 3, which has been integrated into Meta AI, the company's artificial intelligence system. Meta AI will be built into all the company's apps, including Facebook, Instagram, and WhatsApp, and will be accessible in all search boxes on those platforms. Zuckerberg is facing competition from the likes of Amazon AMZN and Google parent Alphabet GOOG , which also want a piece of the AI pie. This is a big week for Big Tech, as Meta, Tesla TSLA , Microsoft MSFT and Alphabet GOOG are slated to report
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META
News
- Reddit CEO beneficially owns 61.5% of class A shares, regulatory filing shows [Reuters]Reuters
- Aer Lingus Visa Signature Card review: Earn a lucrative welcome bonus and companion ticket [Yahoo! Finance]Yahoo! Finance
- Democratic officials criticize Meta ad policy, saying it amplifies lies about 2020 election [FOX News]FOX News
- Metro warns of widespread delays as bus drivers angered by violence threaten “sick out” [Los Angeles Times (CA)]Los Angeles Times
- Here's Why These Tech ETFs Are Worth Buying Now [Yahoo! Finance]Yahoo! Finance
META
Earnings
- 2/1/24 - Beat
META
Sec Filings
- 5/3/24 - Form 144
- 5/2/24 - Form 4
- 5/2/24 - Form PX14A6G
- META's page on the SEC website