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Meta plans to build a $10B subsea cable spanning the world, sources say
TechCrunch· 2024-11-29 12:22
Meta, the parent of Facebook, Instagram, and WhatsApp, is the second-biggest driver of internet usage globally. Its properties — and their billions of users — account for 10% of all fixed and 22% of all mobile traffic. Meta’s investments into artificial intelligence stand to boost that usage even further. So to make sure it will have reliable infrastructure to support that business, Meta is taking the pipes into its own hands.TechCrunch has confirmed with sources close to the company that Meta plans to buil ...
Meta Platforms: Still A Fantastic Business At A Good Price
Seeking Alpha· 2024-11-28 12:01
If you haven't had any regrets from your investing journey yet, it just means you haven't been investing very long. We all end up making mistakes, and I don't know about you, but those mistakes stay with me. Back in October ofCrude Value Insights offers you an investing service and community focused on oil and natural gas. We focus on cash flow and the companies that generate it, leading to value and growth prospects with real potential.Subscribers get to use a 50+ stock model account, in-depth cash flow an ...
Spanish media lawsuit against Meta to start in October 2025
Techxplore· 2024-11-27 14:51
This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Credit: Pixabay/CC0 Public Domain A Madrid court set Wednesday an October 2025 trial date for a 550-million-euro lawsuit by more than 80 Spanish media against Facebook owner Meta for allegedly violating EU data protection rules. EU rules oblige companies to obtain users' consent to create personalized advertising from their da ...
Meta: Smart, A Strategic Expansion, And A Roadmap For Success
Seeking Alpha· 2024-11-26 17:50
I am a writer with diverse interests from creative writing to physics to tennis and music. Another interest is markets/investing. I live on the Israeli Golan Heights.I believe in research as a critical component of any investing decision. I find company dynamics and adjustments to market conditions a very interesting interplay. I enjoy writing about companies and managing my portfolio - and learning about the markets.Analyst’s Disclosure: I/we have a beneficial long position in the shares of META either thr ...
Meta Platforms Is Up 400% in the Past 2 Years: Should You Buy This Unstoppable Stock Right Now?
The Motley Fool· 2024-11-24 13:45
Meta Platforms (META -0.70%) is without doubt a leader in the technology and internet industries. It has been a monster success story and a business that has done a great job rewarding its longtime shareholders, something that holds true in more recent times.As of this writing, this social media stock has soared almost 400% in the past two years. This means that a $10,000 investment made 24 months ago would be worth nearly $50,000 today. That gain is hard to beat.But should you buy Meta shares right now?Get ...
Billionaire Israel Englander Is Selling Nvidia and Buying These Other Artificial Intelligence (AI) Stocks Instead
The Motley Fool· 2024-11-23 13:30
Billionaire investor Israel Englander of Millennium Management has been selling Nvidia stock over the last several quarters.Each quarter, institutional investment firms managing over $100 million are required to file a form 13F with the Securities and Exchange Commission (SEC). I like to think about 13Fs as an itemized receipt outlining which stocks Wall Street is buying and selling.While analyzing the filings from Millennium Management, a hedge fund run by billionaire investor Israel Englander, I came acro ...
DitchIt Descends on Times Square: A Fresh Rival for OfferUp and Facebook
GlobeNewswire News Room· 2024-11-22 22:00
Dover, Delaware, Nov. 22, 2024 (GLOBE NEWSWIRE) --    DitchIt, the innovative local marketplace, has officially arrived in the heart of New York City with a bold and eye-catching advertisement in the iconic Times Square. This strategic move marks a significant milestone for the company, solidifying its presence in the nation's largest metropolitan area. The billboard, towering above the bustling streets of Manhattan, showcases DitchIt's vibrant brand and catchy slogan, inviting passersby to "Buy, Sell, Tra ...
Top 3 AI Stocks to Watch in December 2024
The Motley Fool· 2024-11-22 14:15
These three high-quality AI stocks are poised to surge in the coming months.This year has kept stock market investors on tenterhooks. On the one hand, the benchmark S&P 500 index reached a record high of 6,001.35 on Nov. 11, implying a year-to-date gain of 25.8%. However, for most of 2024, investors and analysts have been bogged down by challenges, including high inflation, high private debt levels, supply chain constraints, and geopolitical tensions.In this environment, some investors may be staying away f ...
Meta Platforms: Buy This Pullback (Technical Analysis) (Rating Upgrade)
Seeking Alpha· 2024-11-22 14:00
When I last covered Meta Platforms, Inc. (NASDAQ: META ) on October 8th, 2024, with my article “Meta Platforms: Increasingly Unpredictable”, the stock was beginning to reverse in the downward direction after posting new record highs. My main assertions inAnalyst’s Disclosure: I/we have a beneficial long position in the shares of META, NVDA, MSFT either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it ...
Meta: The Open-Source AI Bet That Could Change The Game
Seeking Alpha· 2024-11-22 00:20
Company Analysis - Meta Platforms (NASDAQ: META) is being analyzed as a leading contender in the AI space, alongside Microsoft (MSFT) and Google (GOOG) [1] - The analysis employs a value investing approach, focusing on high-growth opportunities and robust business models [1] - The discounted cash flow (DCF) valuation methodology is primarily used, supplemented by business model frameworks from institutions like Harvard Business School [1] - The goal is to assess Meta's intrinsic value and strategic positioning within its industry, with a focus on long-term growth potential [1] Analyst Background - The analyst holds an MBA from IESE Business School, University of Navarra, and is a chartered financial analyst with the CFA Institute [1] - The analyst has no current positions in the mentioned companies but may initiate a long position in META within the next 72 hours [1]