Meta Platforms (Facebook) Stock News

Yann LeCun, known as one of the godfathers of modern artificial intelligence and one of the first AI visionaries to join Facebook, is leaving parent Meta. LuCun plans to create a startup that specializes in a kind of AI technology known as world models.

Meta will stop Instagram, Facebook and Threads for users in Australia under the age of 16, the company has said.

Meta Platforms, Inc. has become the worst-performing Mag7 stock YTD alongside Amazon. While we continue to be bullish on META stock in the longer term, we expect some stretched out uncertainty as LeCun exits Meta and CEO Mark Zuckerberg faces increased investor scrutiny to justify CapEx spend. We're watching META as we think it's hovering around deep waters and we believe that's the best time t...

“This is the dumbest thing I've ever heard – and you'll never be heard from again.” That's what Michael Ovitz, long known as the most powerful man in Hollywood, told Barry Diller when the former head of both Paramount and Fox informed Ovitz of his next act in business.

It's a good bet that Meta stock will not drop much between now and next year. A longer-term bull put spread might be in order.

Meta stock is in a more than 20% drawdown as Wall Street scrutinizes AI costs, including cloud deals with Oracle and Google.

Terry Smith, founder of Fundsmith , has earned the nickname, the “English Warren Buffett” for his disciplined, long-term approach to investing in high-quality companies at reasonable prices — much like the Oracle of Omaha himself.

As Australia's social media ban for teens under the age of 16 looms, Meta has started notifying teenage Facebook and Instagram users about the fate of their accounts.