Key Takeaways Reddit's Q4 ad revenue jumped 75% as ARPU rose 42% and DAUs grew 19% year over year. RDDT's AI-powered Max campaigns drove up to 27% more conversions with lower costs. Snap's Q4 ad revenue rose 5%, but DAUs fell by 3 million quarter over quarter. Reddit (RDDT) and Snap (SNAP) are leading social media platforms that monetize user engagement through digital advertising. While RDDT is an emerging social media platform, gaining traction with community-driven advertising, Snap focuses on visual mes ...

这是扎克伯格人生首次进入法庭，就"成瘾算法"指控，面对陪审团进行作证。这起诉讼注定将成为里程碑，可能会改变几大社交媒体巨头的 未来算法与责任认定。 上周三(2月18日)，Meta联合创始人兼CEO马克·扎克伯格来到洛杉矶的加州高级法院，第一次坐在陪审团面前，就Instagram算法是否蓄意 让未成年人上瘾案件正式接受质询并出庭作证。这一历史性场景，被众多法律学者和社会观察人士称为科技行业的"烟草时刻 " 。 起诉巨头标杆诉讼 理解这场庭审的意义，首先要理解是谁在起诉Meta。这起案件的原告是加州一名20岁的女性凯莉(Kaley)。她在诉讼文件中指控称，自己未 成年时期因沉迷Instagram，逐渐发展出焦虑症、恐惧症和自杀倾向，还曾在平台上遭遇欺凌和色情敲诈。 她的母亲称，凯莉有时每天使用Instagram长达数小时，曾有记录显示她在单日内使用时长超过16小时，而这还是在母亲一再试图限制其使 用Instagram的前提下。 原本她是同时起诉四家社交媒体巨头。但就在开庭前夕，TikTok和Snapchat 选择与她达成和解，从而退出了诉讼，赔偿金额没有宣布。而 Meta和谷歌旗下YouTube拒绝和解，决定与她 ...

Shares of Warner Bros. Discovery firmed Monday, one of the few equities in the green as tariff and trade uncertainty tanked markets. WBD has had an exceptional run over the past six months since Paramount began lobbing unsolicited takeover bids, triggering an auction that resulted in Warner’s December deal with Netflix, but with PSKY continuing to push through a hostile tender offer. Languishing at under $12 last fall, WBD shares have more than doubled to over $28 including a 1% bump today even as the Dow ...

Snap Inc. (NYSE:SNAP) is one of the 13 Best American Penny Stocks to Invest In. On February 6, Piper Sandler lowered its price target on Snap Inc. (NYSE:SNAP) from $10 to $8 and kept its Neutral rating on the stock. This update comes after the company’s latest earnings report. Revenue came in about 1% above Piper Sandler’s expectations and EBITDA was 18% higher than the firm’s forecast. Despite these results, Piper Sandler pointed to weaker trends in daily active users (DAUs) and higher projected expenses ...

作者：艾布拉姆・布朗 单从表面来看，科技界有头有脸的人物都想在人工智能领域分一杯羹。而聪明的人会扪心自问：自己选 定的赛道是否真的具备潜力。 我承认，没人能百分百确定，但我想到了一个万无一失的判断方法：环顾四周，问问自己 ——谷歌来 了吗？它是不是想把你挤走？ 自从 ChatGPT 的问世打了谷歌一个措手不及后，这家加州山景城的科技巨头便奋起直追，近期更是展 现出永不停歇的进取姿态。就在本周，谷歌将矛头直接对准了音乐行业，在其 Gemini 聊天机器人中推 出全新功能，可生成 30 秒音乐片段，还能自定义歌词和音频。在此之前，Gemini 已在图像生成等领域 实现技术突破，一举跻身顶尖聊天机器人行列。 这项全新的音乐生成功能，足以让 Spotify 以及 Suno、Udio、Klay 等一众 AI 音乐初创公司心惊胆战 —— 这些初创企业累计融资已达约 4 亿美元。 诚然，谷歌向来并非音乐行业的主要玩家，旗下 YouTube Music 也鲜少被人关注。但当下的行业格局早 已颠覆过往，别忘了：谷歌刚刚与苹果达成协议，为其提供 AI 技术。而苹果在音乐领域可谓根基深 厚。如此一来，苹果音乐或许能借助谷歌 AI， ...

Core Viewpoint - The article suggests that it is an opportune time to invest in Reddit (RDDT) due to its significant growth and volatility, particularly as it has benefited from generative AI trends in the tech sector [1]. Company Analysis - Reddit has experienced considerable volatility, which may be linked to broader trends in the tech industry driven by AI advancements [1]. - The company continues to demonstrate strong growth, positioning itself as an early beneficiary of generative AI technologies [1]. Investment Strategy - The investment approach highlighted involves identifying undervalued companies with sustainable growth potential, focusing on those with robust balance sheets and effective management teams [1]. - The investment group led by Julian Lin emphasizes stocks with a high probability of outperforming the S&P 500, combining growth principles with strict valuation criteria to enhance safety margins [1].

Core Insights - The Supreme Court's ruling against most of President Trump's tariffs has positively impacted digital advertising stocks, including Alphabet, Pinterest, and Meta, leading to significant gains in their share prices [1][1][1] Digital Advertising Impact - Digital advertisers are expected to benefit from the easing of tariffs, as clients may redirect refunds into increased advertising spending, according to marketing research firm EMARKETER [1][1] - Shares of Pinterest rose by 6%, while Alphabet's stock climbed by 4%, marking them among the best performers on the S&P 500 and Nasdaq [1][1] - Companies like Snap and Pinterest have faced challenges due to reduced ad spending from retail clients affected by higher costs from tariffs, with both stocks losing approximately half their value over the past year [1][1] Competitive Landscape - Meta and Alphabet have reported strong ad sales and have not experienced the same level of pressure as Pinterest, which has a higher proportion of large retail clients [1][1] - Analysts at Bank of America noted that Pinterest may have lost market share to larger competitors, while companies like Meta are investing in AI-enhanced advertising to mitigate tariff-related challenges [1][1]

Core Viewpoint - Meta Platforms is expanding its AI capabilities through a multi-year partnership with NVIDIA, aiming to enhance its data centers and improve user engagement across its platforms [2][3]. Group 1: AI Expansion and Infrastructure - The partnership with NVIDIA will support Meta's AI training and inference, allowing the company to build the world's largest personalization and recommendation systems for its 3.58 billion users [2][3]. - Meta is adopting NVIDIA Confidential Computing for WhatsApp and the Spectrum-X Ethernet networking platform to enhance its infrastructure [3]. Group 2: User Engagement and Advertising - The integration of AI is driving user and advertiser engagement across Meta's platforms, including Facebook, WhatsApp, Instagram, Messenger, and Threads [4]. - In Q4 2025, the number of daily active users generating media through Meta AI tripled year over year, indicating a significant boost in user engagement [5]. - Meta is testing a business assistant powered by Meta AI to help advertisers with campaign optimization and account support [5]. Group 3: Financial Outlook and Investment - Meta's capital spending for 2026 is projected to be between $115 billion and $135 billion, with a combined expected spending of $700 billion on AI infrastructure from major tech companies [7]. - The Zacks Consensus Estimate for 2026 earnings is $29.67 per share, reflecting a 26.3% growth from 2025, while revenues are expected to reach $247.15 billion, a 23% increase [11]. Group 4: Market Position and Valuation - Meta's shares have decreased by 7.4% over the past 12 months, underperforming the broader tech sector and competitors like Alphabet [9]. - The stock is currently considered overvalued with a forward price/sales ratio of 6.42X, compared to the industry average of 3.86X [10]. - Meta's Zacks Rank is 3 (Hold), suggesting that investors should wait for a more favorable entry point [14].

Industry Overview - The global metaverse market was valued at $105.40 billion in 2024 and is projected to grow at a compound annual growth rate (CAGR) of 46.4% from 2025 to 2030, reaching $936.57 billion by 2030 [2] - North America leads the VR and AR technologies market with a 42.8% share, driven by significant expenditures and widespread adoption [2] - Software accounts for 41.6% of the market revenue, with desktop platforms being the most frequently used [2] - The demand for cloud infrastructure, real-time rendering, and immersive applications is facilitating the scalable creation of interactive digital environments [2] Company Developments - Organizations are increasingly creating digital replicas of physical locations, which is driving demand for virtual land and customized spaces, especially in education and business [3] - Meta has purchased 350,000 NVIDIA H100 GPUs to support AGI and metaverse services, while Ansys launched SimAI to enhance engineering processes [4] - Cryptocurrencies and NFTs are transforming virtual business by enabling secure transactions and verifying ownership of digital assets, contributing to the development of a networked, immersive metaverse [4] Notable Collaborations - Meta and VictoryXR launched 130 digital twin university campuses in Europe, showcasing significant collaboration in the metaverse space [3] - Unity has partnered with Apple for spatial computing, while Vagon is enabling cloud-based 3D content streaming [3] - Capgemini is expanding Unity's digital twin development, further enhancing the metaverse ecosystem [3] Investment Insights - The article identifies metaverse-related stocks from ETFs like the iShares Future Metaverse Tech and Communications ETF, focusing on those with positive analyst upside [7] - The methodology ranks stocks based on the number of hedge fund holders as of Q3 2025, including both pure-play metaverse companies and those with significant exposure to the space [7] - Research indicates that imitating top stock picks from hedge funds can lead to market outperformance, with a reported return of 427.7% since May 2014 [8] Company Highlights - Snap Inc. (NYSE:SNAP) has 50 hedge fund holders and a price target upside of 69.13%, with a shift towards higher-margin subscription revenue expected to improve financial standing [10][11] - QUALCOMM Incorporated (NASDAQ:QCOM) has 63 hedge fund holders and a price target upside of 5.17%, with plans to invest up to $150 million in Indian firms focusing on deep technology and AI [15][17]

At a critical moment, Snap loses a top Specs exec https://t.co/Tscmx4YyeP ...