Motley Fool75d agobullish
SpaceX IPO: 2 Alarming Statistics Investors Must See Before Buying the StockHistory says SpaceX will be a very risky stock when it starts trading later this month.
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Reuters75d agoneutral
Broadcom tumbles as revenue miss clouds AI boom betsBroadcom shares sank about 12% in premarket trading on Thursday, a day after the company missed quarterly revenue views and disappointed investors' lofty expectations of stronger momentum from the AI boom. The chipmaker could lose more than $285 billion in market cap at the current price of $418.83, if losses hold. Broadcom vies with Nvidia, whose graphics processors remain the gold standard for AI workloads, underscoring intensifying competition at the top of the AI chip market.
Motley Fool75d agobullish
3 Top Bargain Artificial Intelligence (AI) Stocks to Buy Right NowConsidering these tech companies' strengths, Nvidia, Meta Platforms, and Sandisk are trading at cheaper levels than you'd expect.
Simply Wall St.75d agoneutral
Meta Balances EU Ruling And New AI Tools As Valuation Stays In FocusMeta Platforms won a partial legal victory in the EU as regulators dropped the "gatekeeper" label from its Marketplace service while keeping it on Messenger. The ruling adjusts how EU rules apply to key Meta products, affecting oversight, data use, and potential monetization options. Separately, Meta launched Meta Business Agent globally, offering an AI customer service tool to enterprises and expanding its commercial AI efforts beyond advertising. For investors watching NasdaqGS:META, the...
The Wall Street Journal75d agoneutral
Meta Keeps Delaying the Release of Its New AI Model to DevelopersThe shifting timeline is a setback for Meta’s ability to monetize its massive investments in building frontier AI models.
StockStory75d agoneutral
Wayfair, Roku, and Instacart Stocks Trade Down, What You Need To KnowA number of stocks fell in the afternoon session after rising Treasury yields compressed valuations for growth-oriented names as geopolitical uncertainty dulled the advertising outlook.
StockStory75d agoneutral
Fiverr, Teladoc, and Coursera Shares Plummet, What You Need To KnowA number of stocks fell in the afternoon session after rising Treasury yields compressed valuations for growth-oriented names as geopolitical uncertainty dulled the advertising outlook.
StockStory75d agoneutral
Cars.com, Take-Two, and Match Group Shares Plummet, What You Need To KnowA number of stocks fell in the afternoon session after rising Treasury yields compressed valuations for growth-oriented names as geopolitical uncertainty dulled the advertising outlook.
StockStory75d agobearish
ACV Auctions, CarGurus, and LendingTree Shares Are Falling, What You Need To KnowA number of stocks fell in the afternoon session after rising Treasury yields compressed valuations for growth-oriented names as geopolitical uncertainty dulled the advertising outlook.
StockStory75d agoneutral
Angi, Bumble, and LegalZoom Shares Plummet, What You Need To KnowA number of stocks fell in the afternoon session after rising Treasury yields compressed valuations for growth-oriented names as geopolitical uncertainty dulled the advertising outlook.
Reuters75d agoneutral
Meta accuses Australia of breaching FTA, invokes US 'trade action'SYDNEY, June 4 (Reuters) - Meta accused Australia of violating a free trade agreement with the U.S. by proposing a new tax on certain tech giants which do not strike licensing deals with local media,
AFP75d agoneutral
Meta lashes Australia's bid to make tech giants pay for newsTech giant Meta on Thursday attacked Australia's "grossly unfair" bid to make social media companies pay for news, saying it is vehemently opposed to the draft laws."Our position is clear: this law is poorly designed, grossly unfair, and will fail to deliver a diverse and sustainable news industry," said Meta, the parent company of Facebook and Instagram.
AFP76d agoneutral
Meta lashes Australia bid to make tech giants pay for newsTech giant Meta on Thursday attacked Australia's "grossly unfair" bid to make social media companies pay for news, saying it is vehemently opposed to the draft laws."Our position is clear: this law is poorly designed, grossly unfair, and will fail to deliver a diverse and sustainable news industry," said Meta, the parent company of Facebook and Instagram.
Reuters Videos76d agoneutralVIDEO
Wall Street ends lower as Middle East tensions escalate<body><p>STORY: Wall Street's main indexes tumbled on Wednesday, with the Dow losing about 1.2%, the S&P 500 shedding about three-quarters of a percent and the Nasdaq falling roughly nine-tenths of a percent.</p><p>Flaring tensions in the Middle East and rising crude prices stoked inflation jitters and convinced investors to take some profits.</p><p>Energy stocks, buoyed by oil prices, enjoyed the largest percentage gains, with Exxon Mobil and Chevron both closing higher. </p><p>Meanwhile, six of the Magnificent Seven group of megacap tech stocks ended lower, with Meta the only exception.</p><p>Liz Miller is founder and president of Summit Place Financial Advisors.</p><p>"I more and more just keep seeing this market as a ping pong. One day we've got the momentum leading tech stocks up and then that drives all the indices up. And the next day we've got sort of the second tier undervalued companies up and the index is down. [FLASH] Today's again, one of those days where we're seeing energy with the most strength. We're seeing some of the consumer come through, some of the industrial, but techs are marginally down. And that's what I mean when I think about this market as a ping pong market, because these are high quality companies, they're large cap, they would be top tier fundamentally, but they haven't really participated as much in the index strength."</p><p>Among individual movers, shares of GameStop jumped 6% after the original meme stock posted a rise in quarterly revenue and unveiled a $2 billion share buyback program.</p><p>Shares of Crowdstrike, down nearly 3% at the close, dropped about another 10% in extended trading after the cyber security company reported a 15% jump in its first-quarter operating expenses as it ramps up investments in AI and product development.</p><p>And shares of Broadcom fell more than 6% in extended trading despite the company forecasting third-quarter revenue above Wall Street expectations, betting on robust demand for its custom AI chips and networking gear.</p></body>
Reuters76d agoneutral
US FCC plans tighter rules that will help US firms in undersea internet cable marketBy David Shepardson WASHINGTON, June 3 (Reuters) - The Federal Communications Commission said on Wednesday it plans to toughen oversight of submarine communications cables that handle 99% of
Motley Fool76d agoneutral
Why Meta Platforms Stock Crushed the Market TodayIt's rolling out a promising new product worldwide.
StockStory76d agoneutral
Meta (META) Stock Trades Up, Here Is WhyShares of social network operator Meta Platforms (NASDAQ:META) jumped 3.2% in the morning session after sentiment improved following an enterprise AI product launch, and an analyst upgrade.
Motley Fool76d agobearish
Stock Market Today, June 3: Alphabet Falls After $84.75 Billion AI Infrastructure Equity RaiseAlphabet is funding a larger AI buildout, leaving shareholders to weigh whether Gemini usage and Google Cloud demand can translate into stronger cash-flow returns.
Reuters76d agobearish
Broadcom forecasts quarterly revenue above estimates on strong AI chip demandBroadcom forecast third-quarter revenue above Wall Street expectations on Wednesday, betting on robust demand for its custom AI chips and networking gear. However, shares of the Palo Alto, California-based company fell more than 2% in extended trading. They had gained nearly 8% last week in the run up to earnings.
GuruFocus.com76d agobullish
Meta Wins Marketplace Relief As EU Keeps Messenger Under DMAMeta's partial court win eases Marketplace pressure, but Messenger remains under Europe's Big Tech rulebook.
GuruFocus.com76d agoneutral
Meta Enters Enterprise AI With Business AgentNew agentic tool targets daily operations for businesses of all sizes across WhatsApp, Instagram, and Messenger
TechCrunch76d agoneutral
Meta mercifully spun out VR fitness game Supernatural instead of just killing itMeta appears to have listened to the Supernatural users who protested the app's sad fate after sweeping layoffs.
Barrons.com76d agoneutral
Big Tech Puts Stock Market Win Streak in PerilThe S&P 500 and Nasdaq could close lower for the first time in more than two weeks, and big tech stocks were a big reason why. The S&P was down 0.6%, while the Nasdaq was down 0.9%. The Dow was down 416 points, or 0.
GuruFocus.com76d agoneutral
Meta scores a partial win in its fight with EU regulatorsEU Court Questions Marketplace Label, Upholds Messenger Status
Barrons.com76d agoneutral
Palantir Investors Vote Down Human Rights Proposals. Why Insiders Prevailed.Two shareholder proposals requested independent reports on whether Palantir’s software contributes to human rights abuses by government clients.
Stocktwits76d agoneutral
META Forays Into Enterprise AI With New Global Business AgentMeta introduces Meta Business Agent globally which can respond to customers 24x7.