MetaPlatforms just posted record results while generating massive free cash flow, setting the stage for potential dividend growth as the company balances aggressive AI investments with returning cash to investors. In Q4, Meta (META) posted earnings of $8.88 per share on revenue of $59.9 billion, handily beating analyst expectations of $8.23 per share and $58.59 billion in sales. Revenue jumped 24% year-over-year, with advertising accounting for nearly 97% of the total haul at $58.1 billion. But here's wh ...

After eliminating it from his fund's portfolio in the first quarter, this stock was one of Loeb's biggest purchases in the second quarter.Billionaire Dan Loeb is one of the most-followed activist investors on Wall Street. His hedge fund, Third Point, manages $21.1 billion, with around one-third of that invested in a public equity portfolio.He is supported by a team of over 60 people, but ultimately, Loeb is in charge of the moves in Third Point's portfolio. He said that by mid-April, he had sold out of most ...