Meta Platforms Inc (NASDAQ:META) stock is sitting out the broader tech rally this afternoon, down 0.3% at $612.06 at last glance, though it earlier hit an all-time high of $617.78. Looking at the stock's chart, there's reason to believe it could extend those highs.META finished five of the last six days higher, which managed to push it above the top band of its 20-day Bollinger Bands. Per Schaeffer's Senior Quantitative Analyst Rocky White, the shares moved higher the past 10 times this occurred, averaging ...

Meta Platforms (META) shares hit a 52-week high of $614.20 on Dec. 3 and finally closed at $613.65, up 73.3% year to date (YTD). Its shares have outperformed the Zacks Internet Software industry’s gain of 37.8% and the Zacks Computer & Technology sector’s return of 30.6% over the same time frame.Is there still room for the META stock to run? Let’s find out.META’s AI-Driven Ad System Boosts Advertiser ReturnsMETA is leveraging its proprietary machine learning system, Andromeda, for retrieval in ad recommenda ...

Earlier this year, Meta tried to get its own nuclear powered data center the easy way, by building one next to an existing reactor. But after regulators threw cold water on the plan — the site was reportedly home to a rare bee species — the company is back with a new idea: find a developer who will build one or more nuclear power plants somewhere, anywhere. Meta announced yesterday a request for proposals from nuclear power developers who would help the company add 1 to 4 gigawatts of electricity generating ...

Meta Platforms Inc. (NASDAQ: META) reached an all-time intraday high of $614 on December 3, 2024, surpassing its previous peak of $601.20 set on October 30.At the close of the latest trading session, Meta’s stock stood firm at $614, reflecting a remarkable one-month gain of 9% and a year-to-date (YTD) increase of 77%. META five-day price chart. Source: FinboldThis performance cements Meta’s position as one of the top-performing mega-cap tech stocks, driven by strong financial results, advancements in artifi ...

Meta Platforms (NASDAQ: META ), pardon the pun, is performing as advertised. The digital ad giant is well into a new leg of success for its stock price, thanks in large part to the right pivot at the right time. If Howard Stern was theI'm Rob Isbitts, founder of Sungarden Investment Publishing. I run the new investing group Sungarden YARP Portfolio, a community dedicated to navigating the modern investment climate with humility, discipline, and a non-traditional approach to income investing. I've been chart ...

Advertisement Meta is seeking nuclear energy developers to power its AI and sustainability goals.The company said in a blog post it's targeting delivery of the project in the early 2030s. Meta is not alone in turning to nuclear power, with Microsoft and Google making investments.Meta is looking for nuclear energy developers to power its AI ambitions. On Tuesday, Meta said in a blog post that it's targeting 1 to 4 gigawatts of new nuclear generation capacity to be delivered starting in the early 2030s. Adve ...

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: Meta president of global affairs Nick Clegg says the Facebook parent is looking to improve the 'precision' with which it targets content for removal after admitting it may have overdone enforcement in the past. Meta on Tuesday said fears that artificial intelligence would unleash a torrent of misinformation to deceive voters aro ...

It appears that nothing can stop the Meta Platforms, Inc. (NASDAQ: META ) growth story for now. The company continues to show impressive results, and a potential favorable environment ahead almost guarantees that Meta will be able toI'm a Ukraine-based seasoned investor, who firsthand experienced what’s it like to live in an environment full of systemic geopolitical shocks when the war came to my home country. Despite this, I managed to build an all-weather portfolio that has been able to thrive in volatile ...

At the start of the year, there were widespread concerns about how generative AI could be used to interfere in global elections to spread propaganda and disinformation. Fast forward to the end of the year, Meta claims those fears did not play out, at least on its platforms, as it shared that the technology had limited impact across Facebook, Instagram, and Threads.The company says its findings are based on content around major elections in the U.S., Bangladesh, Indonesia, India, Pakistan, the EU Parliament, ...

Meta has intervened to take down about 20 covert influence operations around the world this year, it has emerged – though the tech firm said fears of AI-fuelled fakery warping elections have not materialised in 2024.Nick Clegg, the president of global affairs at the company that runs Facebook, Instagram and WhatsApp, said Russia was still the No 1 source of the adversarial online activity but said in a briefing it was “striking” how little AI was used to try to trick voters in the busiest ever year for elec ...