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Billionaire Bill Ackman Just Loaded Up on This Cheap "Magnificent Seven" Stock
Yahoo Finance· 2026-02-26 21:05
If a fund manager has more than $100 million in assets, they have to file a Form 13F with the Securities and Exchange Commission (SEC) disclosing what their end-of-quarter holdings are. This gives investors the chance to look into what stocks billionaires are investing in, which can be a great place to source ideas. The latest round of 13-Fs just became available, and there were some interesting moves. One billionaire I follow is Bill Ackman, as he has had a successful investing career that makes his act ...
Meta tried to block lawyers from asking Mark Zuckerberg about his $231B fortune in LA social media trial: court docs
New York Post· 2026-02-26 20:50
Meta quietly tried to block attorneys from asking Mark Zuckerberg about his massive fortune at the bombshell social media addiction trial in Los Angeles, according to court documents reviewed by The Post.The owner of Instagram and Facebook made a confidential request to “shield Mark Zuckerberg, Meta’s founder, CEO, and controlling shareholder, from the very same scrutiny that other witnesses have faced,” according to a filing unsealed last Friday in Los Angeles County Superior Court.The plaintiffs allege th ...
Meta Sues Advertisers Over Alleged Celebrity Impersonation Scams
PYMNTS.com· 2026-02-26 20:13
Meta is suing advertisers who have allegedly impersonated celebrities to defraud consumers.By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions .Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.The tech giant announced Thursday (Feb. 26) that it had taken “technical en ...
Instagram to Alert Teens' Parents of Repeated Self-Harm Searches
WSJ· 2026-02-26 17:51
Instagram said it would alert parents if their teens repeatedly search for terms related to self-harm or suicide, stepping up efforts to protect minors as several governments weigh social-media bans f... ...
Mortgage Rates Dip Below 6% Amid Middle East Tensions and US-China Trade Probe
Stock Market News· 2026-02-26 17:08
Key TakeawaysUS 30-year fixed mortgage rates fell to 5.98%, dropping below the 6% threshold for the first time since September 2022.The US Navy’s 5th Fleet in Bahrain has been reduced to mission-critical staffing of under 100 personnel amid escalating tensions and potential strikes involving Iran.The US International Trade Commission (ITC) launched a fact-finding probe to assess the economic impact of revoking China's Permanent Normal Trade Relations (PNTR) status.Bayer (BAYRY) reported that its PEACE-3 tri ...
Woman suing Meta, YouTube over social media addiction expected to take stand at trial
Reuters· 2026-02-26 16:34
Woman suing Meta, YouTube over social media addiction expected to take stand at trial | ReutersSkip to main content[Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv]Item 1 of 3 Plaintiff Kaley G.M. arrives to take the stand at a trial in a key test case accusing Meta and Google's YouTube of harming children's mental health through addictive social media platforms, in Los Angeles, California, U.S., February 25, 2026. REUTERS/Mike Blake[1/3]Plaintiff Kaley G.M. ar ...
Jim Cramer Discusses Meta (META) & Mid Term Elections
Yahoo Finance· 2026-02-26 15:22
We recently published 12 Stocks on Jim Cramer’s Radar.  Meta Platforms, Inc. (NASDAQ:META) is one of the stocks on Jim Cramer's radar. Social media giant Meta Platforms, Inc. (NASDAQ:META)’s shares are down by 1.8% over the past year and flat year to date. Citizens Financial discussed the firm on February 10th as it kept a Market Outperform rating and a $900 share price target. The firm remarked that Meta Platforms, Inc. (NASDAQ:META) was benefiting from a growth in Instagram engagement as global time spe ...
Eli Lilly’s Oral GLP-1 Beats Rivals as TD Bank Tops Earnings and Denmark Calls Snap Election
Stock Market News· 2026-02-26 12:08
Key TakeawaysEli Lilly (LLY) reported that its oral GLP-1, orforglipron, achieved a 9.2% weight loss in Phase 3 trials, significantly outperforming Novo Nordisk's oral semaglutide.Toronto-Dominion Bank (TD) beat Q1 earnings estimates with an adjusted EPS of CAD 2.44, supported by adjusted revenue of CAD 16.63 billion.Danish Prime Minister Mette Frederiksen officially called for a parliamentary election on March 24, citing ongoing conflicts regarding Greenland and new wealth tax proposals.Stellantis (STLA) i ...
Instagram to start parent alerts for teen suicide, self-harm searches as Meta trials continue
CNBC· 2026-02-26 12:00
Core Viewpoint - Meta Platforms Inc. is implementing a parental alert feature on Instagram to notify parents when their teens repeatedly search for terms related to suicide and self-harm, amid ongoing scrutiny and legal challenges regarding the mental health impact of social media on young users [1][2][3]. Group 1: Parental Alert Feature - The alerts aim to ensure parents are informed if their teens are frequently searching for harmful content, providing them with necessary resources to support their children [2][4]. - The feature will be rolled out in the U.S., U.K., Australia, and Canada starting next week [3]. - Alerts will be sent to parents if their teenagers search for phrases promoting suicide or self-harm within a short time frame [4]. Group 2: Company Response and Industry Context - Meta describes the alert system as "the right starting point" while acknowledging that some alerts may not indicate a serious issue, emphasizing the importance of feedback on the feature [5]. - The current legal scrutiny of social media companies, including Meta, is likened to the "big tobacco" moment, as courts evaluate the potential harm of their products and the companies' transparency regarding these effects [3].
Electric Air Taxis Come To The Uber App
Seeking Alpha· 2026-02-26 11:47
Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Spotify.Uber Good morning! Here's the latest in trending:AI bellwether: Nvidia's (NVDA) stock barely budges despite blowout earnings. Limited H200 shipments have been approved to China, while CEO Huang pushed back on AI cannibalization fears in the software sector.Day in court: A 20-year-old woman, who sued Meta's (META) Instagram and Alphabet's (GOOGL) YouTube in a landmark social media addi ...