META Platforms stock(NASDAQ: META)is up 5% in a month, with investor optimism around the TikTok ban. A federal appeals court recently upheld a law requiring TikTok’s owner ByteDance to find a new owner for its U.S. operations, outside of China, by January 19, 2025, or face a ban. ...
Meta Platforms (META) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
For companies, being added to the index is not only prestigious, it’s also financially valuable.When a new firm is added to the S&P 500, all the funds tracking the index must adjust by purchasing shares of the new stock and selling the old one that’s being replaced. And when net ...
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Also, the business-centric metaverse may be a moot point for META stock. While recalled employees are understandably upset about the return to normal – and apparently standready to accept termination– employers ultimately have the ball in their court. They sign the paychecks and they also enjoy...
Meta Platform is kicking off its first dividend with apayment of 50 cents per sharefor holders of META stock. That will be payable on March 26, 2024 to shareholders of record when the business closes on Feb. 22. Adding to this is this dividend not being the only one that investors ...
These provide a good framework for assessing your own industry. Source: The economic potential of generative AI: The next productivity frontier Image description: A table shows different industries and key generative AI use cases within them. The first example is banking, with an estimated tot...
Meta Platforms is also on track for revenue growth in 2025. The company is currently projecting $39.5 billion to $41.8 billion in Q1 2025 revenue. The company is still expected to grow, and lawsuits of this nature are unlikely to play a role in the stock price. If anything, they can ca...
Snap is up first, with its earnings expected after the market closes Tuesday.1Deutsche Bank analysts have a “buy” rating for the stock but lowered their price target to $10 from $14 on Monday, citing a pullback in digital ad spending.2Their target is just below...