Meta Hit With Rare Sell Rating at BNP Paribas on Revenue Doubts [Yahoo! Finance]
Meta Platforms, Inc. - Class A (META)
Company Research
Source: Yahoo! Finance
(Bloomberg) -- Meta Platforms Inc. edged lower on Thursday after it was hit with a rare sell-equivalent rating from an analyst with a record of successful contrarian calls. Most Read from Bloomberg US and Saudis Near Defense Pact Meant to Reshape Middle East Saudi Arabia Steps Up Arrests Of Those Attacking Israel Online Biden Calls Ally Japan ‘Xenophobic' Along With China, Russia Huawei Secretly Backs US Research, Awarding Millions in Prizes Tesla Axes Supercharger Team in Blow to Broader EV Market BNP Paribas Exane's Stefan Slowinski said that unlike its Big Tech peers, Meta lacks new revenue streams to replenish its coffers as it looks to spend massively on artificial intelligence features. Slowinski, who has been bearish on stocks that typically enjoy near-unanimous buy ratings, said he prefers others in the fast growing generative AI space, including Alphabet Inc., Microsoft Corp., Salesforce Inc. and Oracle Corp. Artificial intelligence “can help businesses inc
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META
News
- Skip to content [TechCrunch]TechCrunch
- Catch up on the day's stories: Cheap groceries, a polarizing graduation speech, health care cyberattacks [CNN]CNN
- The Potential TikTok Ban in the U.S. Is Real: Here's What it Means for Facebook's Stock [Yahoo! Finance Canada]Yahoo! Finance Canada
- Instagram parent Meta hit with online child safety probe in Europe [Yahoo! Finance]Yahoo! Finance
- Priority With Clarity: Meet Ashwini Siddhi [Yahoo! Finance]Yahoo! Finance
META
Earnings
- 2/1/24 - Beat
META
Sec Filings
- 5/16/24 - Form 144
- 5/16/24 - Form 144
- 5/16/24 - Form 144
- META's page on the SEC website