The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
OpenAI and Meta Platforms have held separate discussions with India's Reliance Industries over potential partnerships to expand their artificial intelligence offerings in the country, technology news website The Information reported on Saturday. A possibility being discussed involved a relationship between Reliance Jio and OpenAI to distribute ChatGPT, according to The Information, which cited two sources familiar with the matter.
Owner of Facebook and Instagram agreed to stop targeting human rights campaigner after legal agreement
A human rights campaigner, Tanya O'Carroll, has succeeded in forcing social media giant Meta not to use her data for targeted advertising. The agreement is contained in a settlement to an individual challenge she lodged against Meta's tracking and profiling back in 2022.
Norges Bank Investment Trust (NBIM), the world's largest sovereign wealth fund, was among the biggest bulls on Meta stock, increasing its stake in Meta (NASDAQ:META) by 3,610,287 shares, bringing its total to 34,072,026 shares in its most recent 13-F filing.
Meta Platforms' expanding AI prowess is driving user engagement. However, unfavorable forex and stretched valuation make the stock a risky bet.
Artificial intelligence (AI) stocks generally delivered outstanding gains to investors in 2023 and 2024, but due to factors outside their control, this year is turning out to be a more challenging one for them.
Meta won an emergency arbitration decision regarding the book "Careless People." The decision, in part, bars Sarah Wynn-Williams from promoting the book.
Shares of Meta Platforms Inc. (NASDAQ: META) lost -1.55% in morning trading on Wednesday, compounding a rough week and month that has seen the stock fall by -3.94% and -14.26%, respectively.
Meta Platforms (META 2.65%) boasts several billion users, which leads to billions in profits.
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