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Stocks fell this week on oil prices and Fed rate-hike expectations, though Oracle's earnings underscored AI infrastructure strength. MarketBeat analysts recap top stories on earnings, defense, AI, and other stock opportunities.
The No. 2 exec at OpenAI also led Instacart through its IPO in 2023.
The stock market fell as oil prices and Treasury yields soared, but rebounded Friday on the CPI inflation report. Apple, Oracle, Meta were key movers.
Florida is suing Netflix for billions, accusing the streaming giant of secretly tracking children for advertisers while publicly promising families a safe alternative to social media surveillance. The outcome could unravel the economics powering Netflix's fastest-growing business.
Meta Platforms Inc. has been speaking to bond investors in Europe as part of a non-deal roadshow for at least a week as hyperscalers look to tap different global debt markets to fund the AI boom.
Simo, who left OpenAI in July after a medical leave, was recruited to the board by fellow director Sheryl Sandberg
Former OpenAI executive Fidji Simo has joined the board of directors at Nscale, a startup that has raised billions to build data centers for AI.
Wall Street’s view of Meta is shifting as the company pushes deeper into artificial intelligence and looks for its next major source of growth.
Meta stock is a buy after the strong initial reaction to its Muse AI app, according to analysts at JPMorgan.
Pre-Market Stock Futures: Futures are trading mixed after a second brutal day, with all major indices finishing lower again. Rising rates, Brent Crude trading above $100, and what appears to be an increase in the Iran attacks in the Persian Gulf were all it took for sellers to keep hitting bids. Once again, the small-cap […]
Investing.com -- JPMorgan upgraded Meta Platforms to Overweight from Neutral in a note Thursday, saying the company’s push into frontier artificial intelligence models and AI agents opens a new avenue for growth beyond advertising.
Andrew Tulloch, the star AI researcher who was offered a pay package worth more than $1 billion to join Meta Platforms last year, is leaving the company, according to people familiar with the situation. Tulloch’s hiring was a coup for Meta and capped a frantic recruiting spree last summer, when Meta threw money at researchers to try to catch up in the race to build artificial intelligence.
The acquisition of Swedish AI startup Stilla.ai is part of Meta's effort to accelerate the commercialization of its agentic offerings, which are costing the company billions.
Oil prices and Treasury yields weighed on the indexes, But Meta, AMD were winners. Apple unveiled its foldable iPhone. Inflation data looms.
Find insight on Apple, digital banks, Braze and more in the latest Market Talks covering Technology, Media and Telecom.
$20 and $100 subscriptions give Meta a direct AI monetization test beyond advertising.
By Niket Nishant and Tharuniyaa Lakshmi Sept 9 (Reuters) - The main U.S. stock indexes fell on Wednesday as oil prices soared past $100 a barrel and Treasury yields rose, putting pressure on equities
Meta has acquired Swedish AI startup Stilla.ai to accelerate development of Meta Business Agent, which facilitates transactions on WhatsApp, Messenger and Instagram, Axios has learned.
Jim Cramer spent Tuesday night hyping what could be a landmark AI IPO, then spent Wednesday morning explaining why a safety researcher at that same company just made him want nothing to do with it.
On this episode of Stock Movers: - Meta (META) shares are gaining with analysts positive on the Facebook parent after it debuted Muse, an AI assistant. Firms wrote that Meta is well positioned to succeed with the product. - Lyft (LYFT) shares are higher as the ride-hailing company is starting to offer Waymo robotaxi rides in Nashville, marking the second US city where it's providing driverless trips. - Apple (AAPL) shares are on the move ahead of today's product unveil. Apple's stock has rallied 15% since June 25, driven by excitement about the new lineup of devices, particularly the foldable phone.
Meta (META) stock rallied more than 5% on Wednesday.
The two companies have shared a new partnership.
Investing.com - U.S. stock futures traded below the flatline on Wednesday as oil prices climbed above $100 a barrel and investors awaited inflation data that could reinforce expectations for the Federal Reserve to raise interest rates later this month.
📈 Follow our live markets data and coverage. Google co-founder Larry Page reportedly told employees that he’s “willing to go bankrupt rather than lose this race.” Amazon founder Jeff Bezos called AI an “industrial bubble” that’s seeing good and bad projects get funded, just like in the dot-com boom.
The team digs into the details of the settlement and how it will impact Meta.
Amazon, Meta and Google risk losing decadeslong exemptions due to a backlash against their facilities.
Meta Platforms on Tuesday launched a personal AI agent app that it said will be simple to use and can help people accomplish real-world tasks. Meta stock closed regular-session trading slightly lower. The so-called Muse agent fits with a broader effort from Meta Chief Executive Mark Zuckerberg to offer "personal superintelligence."
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