The move comes as Meta has been scaling back its creator payout programs over the past few years. https://t.co/m2cIpXm1mU ...

Without question, social media juggernaut Meta Platforms Inc. (NASDAQ:META) has been one of the top beneficiaries of the artificial intelligence surge. Thanks to its vast network, Meta commands a data-rich environment that's the envy of the broader technology sphere. Furthermore, management is exploring various semiconductor startup deals while committing up to $72 billion in 2025 capital expenditures, all in an effort to push deeper into AI infrastructure.It’s difficult to argue against the long-term resul ...

Core Viewpoint - The article discusses the historical performance of large-cap versus small-cap stocks, emphasizing that while large-cap stocks, particularly the "Magnificent 7," have dominated returns in the past decade, this dominance may not be permanent and could present an opportunity for small-cap investments [1][2][12]. Historical Performance - Over the last decade, the S&P 500 gained nearly 300%, with the Magnificent 7 stocks gaining 2585%, while small-cap stocks only gained 134% [1]. - The dominance of large-cap stocks is highlighted by their contribution of about one-third of the total gains of the S&P 500 [1]. Behavioral Bias and Asset Allocation - Investors have shown a tendency towards home country bias, favoring large-cap stocks due to their media coverage and perceived glamour [3]. - Since 2015, the average allocation to small-cap stocks in mutual funds and ETFs has decreased from 12% to 8%, indicating a potential over-reliance on large-cap stocks [2]. Importance of Market Cap vs. Style - The article explores whether it is more important for investors to focus on market cap or investment style, revealing that consistently choosing the correct market cap has historically yielded better performance than style selection [12]. - A study from January 1979 to August 2025 shows that large-cap stocks gained 12.3% per year compared to 11% for small-cap stocks, with a tracking error of 10% [8]. Valuation Trends - A decade ago, small-cap stocks traded at a PE multiple of 27x earnings compared to 19x for large-cap stocks; this valuation has since flipped, with small stocks now at 19x and large stocks at 27x [14]. - Small-cap earnings have grown by 9.5% per year, while large-cap earnings have grown by 8%, suggesting that small caps may now be undervalued relative to large caps [14]. Conclusion and Recommendations - The article suggests that investors may be under-allocated to small-cap stocks and over-exposed to expensive large-cap stocks, recommending a reconsideration of asset allocation strategies before potential market shifts occur [14].

Ever since the artificial intelligence (AI) mania began in 2023, there have been voices suggesting that it is a bubble similar to the dot-com era. The chatter gained traction last year as many companies were struggling to justify their massive AI capex with commensurate revenues. DeepSeek’s low-cost AI model, released earlier this year, only lent credence to the “AI bubble” narrative, as the Chinese startup claimed to have developed its AI model for a fraction of the billions of dollars that U.S. tech gia ...

Model Overview - Meta's Llama 模型是开放的生成式AI模型 [1] - 该模型旨在运行在各种硬件上并执行不同的任务 [1]

Instagram announced on Monday the launch of a new "Rings" award that will give 25 creators a literal gold ring and a matching badge on their profile, but no cash.Winners will be chosen by a panel including Instagram chief Adam Mosseri, filmmaker Spike Lee, designer Marc Jacobs and YouTuber Marques Brownlee.The move comes as Meta-owned Instagram has wound down its creator bonus program and brand deals are slowing across the industry, raising the question of why one of the world's richest companies is offerin ...

Core Insights - Pembina Pipeline Corporation is finalizing a significant deal to construct a large AI data center for Meta Platforms in Alberta, aiming to position the province as a major data hub for AI companies [1][6][8] - The project will utilize Alberta's abundant natural gas as a clean energy source to power the energy-intensive data center [1][4][12] Pembina's Partnerships and Infrastructure - Pembina is collaborating with Kineticor to supply natural gas-fired electricity for the Meta data center, with Beacon AI providing expertise in data center development [2][4] - The Greenlight Electricity Center, a 1,800-megawatt natural gas power station, is being developed to support AI infrastructure projects, with commercial operations expected by 2029 [5][6] Alberta's Strategic Positioning - The data center will be located in Alberta's Industrial Heartland, a region known for its industrial infrastructure and advanced carbon capture and storage technologies [3][11] - Alberta's government is actively attracting tech firms by leveraging its natural gas infrastructure and CCS technologies, exemplified by the Meta project [8][9] Energy Demand and Solutions - The energy demands of AI data centers are immense, leading many companies to consider natural gas as a practical interim solution due to the limitations of nuclear power [4][12] - Pembina's Alliance pipeline, a 3,800-kilometer network, is being explored for expansion to increase natural gas supply capacity for future AI projects [7][13] Meta's Expansion Plans - Meta's new AI data center in Alberta is part of its broader expansion strategy, which includes additional facilities in Louisiana and Ohio [10][11] - The strategic location in Alberta allows Meta to meet its significant power requirements while benefiting from proximity to carbon mitigation technologies [11][12]

(Bloomberg) -- The US Supreme Court declined a chance to open social media companies to lawsuits over content recommended by their algorithms, turning away an appeal that accused Meta Platforms Inc.’s Facebook of radicalizing a man who killed nine South Carolina churchgoers. The rebuff ends a lawsuit filed by the daughter of Reverend Clementa Pinckney, one of the nine people murdered by white supremacist Dylann Roof in 2015 at a historically Black church in Charleston, South Carolina. Two lower courts had ...

US Supreme Court rejects case against Meta over algorithm-driven content linked to church shooting https://t.co/wqRaroqfJR ...

Group 1: US Market Focus - The Federal Reserve is expected to lower interest rates two more times this year, with the next meetings on October and December [11][16][18] - Historical analysis shows that various asset classes have not reacted dramatically to US government shutdowns, indicating a potential for stability in the market [13][18] - Micron Technology (MU US) reported strong demand from data centers, with Q4 FY2025 earnings exceeding expectations, driven by growth in HBM business and a favorable DRAM market [19] - Meta Platforms (META US) unveiled a new AI glasses product line, enhancing its position in the AI and metaverse space, with a target price of $860 [19] Group 2: Singapore Market Focus - The Monetary Authority of Singapore (MAS) is set to restart easing measures in October, with expectations of a slowdown in GDP growth to 2.2% for the year [24][30] - Keppel Data Centre REIT is expanding in Japan with a recent acquisition worth SGD 707 million, expected to boost its distribution per unit (DPU) [36] - Singapore Telecommunications (ST SP) is focusing on digital infrastructure growth, with potential for significant earnings growth in FY2026 and beyond [36] Group 3: Vietnam Market Focus - Vietnam's GDP grew by 7.5% in the first half of 2025, driven by strong domestic consumption and investment, but is expected to slow down due to external trade uncertainties [43][46] - The Vietnamese central bank is likely to maintain a loose monetary policy in the short term, supporting economic growth through increased public investment [46] - Vietnam may be upgraded to FTSE's secondary emerging market status, potentially attracting around $1.1 billion in inflows if the upgrade occurs [49][50]