Meta's Earnings Surpass Expectations; AI Capital Expenditure Set to Rise
Fubon Securities Adjusts Price Target on Meta Platforms to $670 From $575, Maintains Buy Rating
Meta and Microsoft: AI's Spending Champs Won't Be Tapping the Brakes -- Heard on the Street -- WSJ
Mark Zuckerberg and Susan Li Interview: Meta's AI Vision and the Growth of Social Apps
CHIGEE Dévoile Le Nouveau AIO-6 Et Expose Sa Technologie Avancée Pour Moto À L'EICMA 2024
US Market October Movers & Shakers: Reddit Leads October Gains, Tech Sell-Off Erases October Gains as Election Looms
The Zacks Analyst Blog Meta, Apple, Alphabet and Amazon
Major Rating | Bank of America: Raised Meta's target price to $660, the increasingly strong focus on AI may bring surprises.
Bank of America Securities report pointed out that Meta's third-quarter revenue exceeded market expectations, mainly benefiting from the increased usage driven by artificial intelligence (AI) and improved advertising targeting, while earnings per share continued to exceed expectations. The bank believes that Meta's AI-driven advertising improvements still have several quarters of development space, seeing strong growth momentum in 2025, including the growth trends driven by AI and video usage, higher return on investment brought by AI solutions (Advantage+), incremental advertising spending, accelerated monetization of messages (commercial messages, click message ads), and undeveloped assets.
S&P 500 Records Worst Session In Over A Month, Meta And Microsoft Tumble: Greed Index Moves To 'Fear' Zone
Don't Fret the Tech Tumble. Instead, Be Prepared to Buy the Dip
Stock Market Today: Microsoft, Meta Drag Tech Stocks Lower on Concerns Over AI Spending
Cathie Wood Bets Big On Mark Zuckerberg: Ark Pours $19M Into Meta Shares, Dumps Palantir And Tesla Stock
Nvidia Stock Falls. Why Meta, Microsoft Earnings Are Giving Investors a Halloween Fright.
Jim Cramer Says Mark Zuckerberg Has 'Your Brain' As Meta Pours Billions Into Global Domination Strategy
CNBC Daily Open: For Big Tech, Beating Earnings Expectations Is Not Enough
Analysts Reset Meta Stock Price Target After Earnings
Amazon plans to invest $75 billion in capital expenditures this year, vigorously developing generative AI.
Amazon announced its third-quarter performance on Thursday, during a conference call with analysts, the company's CEO Andy Jassy tried to dispel investors' doubts about whether the company's large-scale investment in generative ai would pay off in the future. Jassy pointed out that Amazon's cloud computing business AWS has been successful, despite the extremely high cost of building datacenters, this business has become a crucial profit engine. "I believe that over time, we have shown that we can drive enough operating profit and free cash flow to make this capital-intensive business very successful, "Jassy said.
iPhone revenue recovery is difficult to "fly high"! Pressure on business in China, Apple (AAPL.US) this quarter's revenue growth may slow down.
Apple has released its fourth quarter financial performance.
IAM union supports boeing's latest contract proposal, and the strike is expected to end.
IAM District 751 posted on Facebook expressing support for boeing's latest contract proposal and advising its members to accept it. The post states: "Now is the time for our members to lock in these gains and confidently declare victory." The union notes a significant change in the new proposal is a guaranteed 38% wage increase over four years. The union also emphasizes a $12,000 approval bonus, with the proposal set to be voted on November 4th.
Meta Is Making a Robot Hand That Can 'Feel' Touch