Social media refers to digital platforms and applications for the creation, sharing, and exchange of user-generated content, ideas, and information. These platforms connect people, enabling them to interact, communicate, and build online communities. Popular social media sites include Facebook, X (Twitter), Instagram, LinkedIn, and TikTok, among others. Social media companies leverage their large user bases for potential advertising revenue, data-driven analytics, global marketing reach, and their role in driving digital innovation and social transformation.
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Stock Market Game Plan For Investors After Biden Withdraws
To gain an edge, this is what you need to know today. Game Plan Please click here for an enlarged chart of Invesco QQQ Trust Series 1 (NASDAQ:QQQ). Note the following: In the wake of Biden
Magnificent 7 Earnings Preview: Is a Growth Slowdown on the Horizon?
LinkedIn Deploys AI And Games To Compete With Meta and TikTok
Microsoft Corp (NASDAQ:MSFT) LinkedIn is deploying artificial intelligence to offer career advice and has introduced games to the platform, aiming to attract users more frequently and stimulate
Microsoft and Meta continue to increase investment in AI, with cloud spending reaching a new historical high. | AI Dehydration
According to market consensus expectations, global cloud vendor capital expenditures are expected to reach $227 billion in 2024, a year-on-year increase of 39%, reaching a historical high. AI chips, AI networks, HBM memory and server CPUs will benefit.
Megacaps Must Boost Guidance to Thwart 'Epic' Momentum Reversal
Just 1 on 4 AI Tasks Will Be Cost Effective in 10 Years - MIT Professor
US stocks closed with all three major indices falling, with the S&P Nasdaq index seeing its largest weekly decline in three months. Technology stocks weakened, with Tesla down more than 4%, Nvidia down more than 2%, and CrowdStrike down more than 11%.
Investors accelerated their escape from technology stocks, with stocks and bonds in Europe and the United States being hit hard for two days. This week, the S&P 500 and Nasdaq fell by about 2% and 3.7%, respectively. The Nasdaq stopped its six-week continuous rise, while the Dow and small-cap indices rose by 0.7% and 1.7%, respectively. Chip stocks fell more than 3% on Friday and nearly 9% for the week. Nvidia also fell more than 8.7% for the past three months, making it the worst performer. The "seven sisters of technology" all fell for the week, and cybersecurity leader Crowdstrike, which triggered a global technology outage, fell 11% on Friday, the worst in nearly two years. The VIX panic index rose more than 32% for the week.
Meta's 34% Year-to-Date Surge and a 5% Stake in EssilorLuxottica Transform Ray-Ban Smart Glasses and Reshapes Its Stock Trajectory
Meta has purchased a 5% stake in EssilorLuxottica for 4.33 billion euros.Market analysts remain optimistic about the growth potential of Ray-Ban smart glasses as Meta continues to enhance its
Catalyst Watch: Earnings Deluge, Farnborough Airshow, Paris Olympics, and Trump Talks Crypto
Meta Moves Ahead With Quest 4 VR Headset Despite Layoffs, Sets Release Date: Report
Despite recent layoffs in its Reality Labs division, Meta Platforms Inc (NASDAQ:META) is moving forward with ambitious plans for its virtual reality (VR) and augmented reality (AR) hardware.
S&P Big Tech ETF Paces Decliners as S&P 500 Heads Toward Worst Week Since April
Evaluating Meta Platforms Against Peers In Interactive Media & Services Industry
In the ever-changing and fiercely competitive business landscape, conducting thorough company analysis is crucial for investors and industry experts. In this article, we will undertake a
Pinterest Shares Climb Despite Grizzly Research Short Report
Investors are watching Pinterest, Inc. (NYSE:PINS) shares after Grizzly Research released a short report on the company. The Details: Grizzly Research released the report titled, "We Believe
Snap's Options Frenzy: What You Need to Know
Investors with significant funds have taken a bearish position in Snap (NYSE:SNAP), a development that retail traders should be aware of.This was brought to our attention today through our
Decoding 34 Analyst Evaluations For Meta Platforms
Analysts' ratings for Meta Platforms (NASDAQ:META) over the last quarter vary from bullish to bearish, as provided by 34 analysts.Summarizing their recent assessments, the table below illustrates
Meta Platforms Analyst Ratings
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 07/19/2024 10.52% Oppenheimer $500 → $525 Maintains Outperform 07/16/2024 30.52% Wolfe Research → $620
Reached the limit of investment? Report: Meta tightens investment in the metaverse department.
Mark Zuckerberg's dream of the metaverse has become bleak. With increased investment in AI, Meta continues to reduce staff in its Reality Labs division and requires its hardware team to cut spending by nearly 20% by 2026. Meta believes it has made significant investments in Reality Lab, but the division has accumulated losses of over $55 billion since 2019.
Citigroup: OpenAI will become Broadcom's fourth-largest customer, and the new AI chip is expected to be delivered in the second half of next year.
Will OpenAI start another bloody battle in the chip market by switching from nvidia's GPUs to broadcom's ASICs?
Meta's Potential 5% Acquisition In Ray-Ban Maker Applauded By Jim Cramer: Wearable Tech Revolution Is A 'Big Deal'
Meta Platforms Inc. (NASDAQ:META) is set to acquire a 5% stake in Essilorluxottica (OTC:ESLOY), a move that has caught the attention of financial expert Jim Cramer. He believes this deal could be a
Why 'Unloved' Small-cap Stocks Are in Store for a Strong Second Half - Carson's Detrick