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Meta Platforms Chief Executive Mark Zuckerberg wants the tech giant to offer a predictions market competitor to Kalshi and Polymarket, according to a new report. Meta stock gained slightly Tuesday afternoon. Zuckerberg recently assigned a team to create an app that functions similarly to Polymarket and Kalshi, according to a report Tuesday afternoon by The New York Times.

I’m opening with the headline number. Our 24/7 Wall St. price target for Advanced Micro Devices (NASDAQ:AMD) is $586.55 over the next 12 months, against a current quote of $551.63. That implies 6.33% of upside and a buy recommendation, with our model registering 90% confidence. The setup is unusual: a stock that has already run ... Over 40 Analysts Rate AMD a Buy, Here’s Why We Agree

Investing.com -- Meta is developing a smartphone app similar to Polymarket and Kalshi that would allow users to participate in prediction markets, according to a report from the New York Times, citing two employees familiar with the matter.

Meta Platforms Inc. has strengthened its hardware portfolio by expanding its partnership with eyewear giant EssilorLuxottica to launch a diverse 26-style lineup of $299 AI-enabled smart glasses.

Meta announced a new lineup of smart glasses on Tuesday, including a collaboration with Kylie Jenner.

The company is spending at an unprecedented scale to win in AI, but for investors, the path to a payoff is less clear than the price tag.

The investment comes alongside a leadership change at both Cred and WhatsApp.

Meta CEO Mark Zuckerberg recently dispatched a small team at his company to create a smartphone app similar ‌to Polymarket and Kalshi, the New York Times reported on Tuesday, ‌citing two employees with knowledge of the matter. Prediction markets surged ⁠in popularity during the 2024 U.S. presidential election and have evolved into an asset class that lets investors wager on ⁠a variety of events, from monetary policy to sports tournaments. Trading platforms such as Robinhood and Interactive Brokers have rolled out event contracts.

The market is undervaluing these three AI stocks.

Despite a solid Q1, many Meta employees have found themselves jobless.

The European stock markets closed mixed in Tuesday trading as the Stoxx Europe declined 0.5%, German

Stocks could be facing the end-of-quarter reckoning many investors feared when Elon Musk’s SpaceX unveiled plans for its multibillion-dollar initial public offering and Federal Reserve Chairman Kevin Warsh took over the central bank’s policy reigns earlier this month. The early signs of a late June “tech wreck” started to formulate Monday, with Google parent Alphabet shedding more than $225 billion in market value, its biggest slump in more than a year, and SpaceX extending its three-day decline to more than $600 billion. Shares in SpaceX were falling 4.3% in premarket trading Tuesday, putting them below $150 a share.

Micron Technology's stock has risen by almost 9x over the past twelve months, taking its market capitalization above $1.2 trillion - among the largest single-year gains in the company's four-decade trading history. The rally is driven by surging demand and a shortage of high-bandwidth memory that is used alongside AI accelerators in data centers. Hyperscalers, including Microsoft (MSFT), Alphabet (GOOG), and Meta (META), are projected to spend roughly $700 billion on AI infrastructure this year,

Single-day corrections concentrate the mind, even more so when the slide comes amid a doubling of a tech-focused index replete with the kind of giant chip stocks that have powered U.S. markets to record highs over most of the year. “The session had three things working against it simultaneously,” said Koen Hoorelbeke, investment and options strategist at Saxo Bank. In short, it’s become the index to watch in this year’s global chips race, with SK Hynix and Samsung booking triple-digit gains and old-school car maker Hyundai —which is now verging into chip design through its Hyundai Mobis division—rising more than 70%.

The global work includes OOH ads worldwide.

Prediction market traders give Mark Zuckerberg the best shot at joining Elon Musk in the 13-digit club — but put his odds at just 32%.

Nvidia, Alphabet and other technology stocks fell as Wall Street shifted from rewarding AI spending to demanding evidence that it will produce outsized returns.

Investing.com -- Meta Platforms announced Tuesday a new line of AI smart glasses in partnership with EssilorLuxottica, marking the company's first entry into lower-priced models under its own brand.

Companies in The News Are: APGE, ABBV, DLR, META, SNDK

Meta is launching a new line of AI-powered smart glasses called Meta Glasses.

<body><p>STORY: The European Commission plans to ramp up its probe into Meta, a Bloomberg report said.&nbsp;</p><p>The EU alleges the social media giant designs its platforms to be addictive to children.&nbsp;</p><p>The report said the bloc is preparing preliminary findings but has not set a date for the announcement.</p><p>It’s not the first time Meta has faced scrutiny from the commission.&nbsp;</p><p>It first opened a probe into the company under the Digital Services Act in May 2024, due to concerns it had not adequately addressed risks to children.</p><p>In April it charged Meta with breaching its tech rules…</p><p>And said the Instagram owner must do more to block children under 13 from accessing social networks.&nbsp;</p><p>The report said the EU is considering curbs similar to those announced by the UK and other countries after an expert panel delivers recommendations next month.</p><p>Meta and the European Commission did not immediately respond to Reuters requests for comment.&nbsp;</p><p>Reuters could not independently verify the report.</p><p>Meanwhile, a source told Reuters the social media giant is pushing for legal protection in Washington.&nbsp;</p><p>The source said Meta is lobbying U.S. lawmakers for language that would shield social media firms from certain claims tied to minors’ safety and privacy.</p></body>

Oracle disclosed a 2026 headcount of 141,000, down by 21,000 from a year earlier, after a round of AI-related layoffs.

US stocks looked set for a sharply weaker open on Tuesday as a sell-off in technology shares deepens across global markets. Futures point to losses for the Nasdaq 100 of around 849 points, or 2.8%, while the S&P 500 is set to shed 1.3% and the Dow Jones to drop 0.4%. The weakness...

That recent dip was a tremor. A real market shock hits this stock hard, and the climb back can take years.

(Updates with response from a Meta spokesperson in the fourth paragraph.) Meta Platforms (META) h

If tech investors needed any reminders of the 1990s dot-com bubble, strategists made new comparisons to today's AI stocks.

Economist Peter Schiff has warned that California faces a “mass exodus” of ultra-wealthy entrepreneurs, including Meta Platforms Inc. CEO Mark Zuckerberg, if voters pass a proposed 5% billionaire wealth tax. Deconstructing the warning, Schiff highlighted the hidden danger of taxing unrealized asset valuations, which he claims will trigger severe capital flight and permanently erode the state’s tax base. The Wealth Confiscation Trap The proposed ballot measure applies a 5% tax on net worth exceed

US equity futures were tracking in the red on Tuesday amid a broader tech sell-off despite signs of

Meta Platforms (META) is set to come under intensified scrutiny from European regulators, as the Eur

Stocks could be facing the end-of-quarter reckoning many investors feared when Elon Musk’s SpaceX unveiled plans for its multibillion-dollar initial public offering and Federal Reserve Chairman Kevin Warsh took over the central bank’s policy reigns earlier this month. The early signs of a late June “tech wreck” started to formulate Monday, with Google parent Alphabet shedding more than $225 billion in market value, its biggest slump in more than a year, and SpaceX extending its three-day decline to more than $600 billion. Shares in SpaceX were falling 4.3% in premarket trading Tuesday, putting them below $150 a share.