Meta is facing a copyright infringement lawsuit in France brought by trade associations representing publishers and authors, who accuse the company of training its generative artificial intelligence model on their books without permission.
The $3 trillion club is quite exclusive. Since inviting Apple into its halls as its first member in early 2022, only two other companies have stepped through its doors: Microsoft and Nvidia.
The stock market has historically delivered an average annual return of about 10% going back decades. To double your money in five years, you need a 15% annualized return.
A federal judge is allowing an AI-related copyright lawsuit against Meta to move forward, although he dismissed part of the suit.
In the closing of the recent trading day, Meta Platforms (META) stood at $625.66, denoting a -0.36% change from the preceding trading day.
Last October, Meta dipped its toe into the world of facial recognition — an area where it has had a tricky record — with an international test of two new tools: one to stop scams based on likenesses of famous people, and a second facial recognition feature to help people get back into compromised Facebook or Instagram accounts. Now, that test is expanding to one more notable country.
In the most recent trading session, Meta Platforms (META) closed at $668.20, indicating a +1.51% shift from the previous trading day.
Some investors may be wary of purchasing growth stocks that enjoyed a strong share price surge. However, the share price alone may not tell the full picture.
Meta apologized for graphic and violent content recommended on Instagram Reels on Wednesday. Meta replaced US fact-checkers with a community notes model in January.
Baby Boomer investors should seek to take on less risk as they age and approach retirement if they're not already retired.
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