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Aug 14 (Reuters) - U.S. stock index futures were subdued on Friday, a day after the S&P 500 closed at a record high, as rising crude prices after the latest developments in the Middle East kept
Mark Zuckerberg's AI manifesto hints at multiple investment opportunities.
Reddit (NYSE:RDDT) is set to be added to the S&P 500 index, making it the second pureplay social media company in the benchmark alongside Meta. The inclusion marks a key milestone for Reddit’s profile with large institutional investors and broad market index funds. Index tracking funds are expected to adjust holdings to reflect Reddit’s addition, which may affect trading volumes and liquidity in the stock. The move places Reddit among established technology leaders tracked by one of the most...
Meta Platforms stock has pulled back over the past year, yet the latest valuation work suggests the current price may still sit well below an intrinsic value estimate based on a Discounted Cash Flow (DCF) approach. At the same time, market based multiples also point to the shares screening as undervalued, which is unusual when both methods line up on the same side. Meta Platforms has returned 110.5% over the past 3 years, which means the current valuation debate is happening after a strong...
Pershing Square (NYSE:PS) held its first earnings call as a public company, with Chairman and CEO Bill Ackman emphasizing the firm’s strategy of generating growth through the compounding value of its existing investment portfolios while selectively launching new vehicles. Ackman said the firm’s per
Newsmax Inc (NMAX) reports record Q2 revenue of $54.1 million and net income of $2.9 million, driven by surging affiliate fees and international licensing growth.
Reddit Inc. will join the S&P 500 next week as part of an off-cycle change, S&P Dow Jones Indices said Thursday, sending the social networking platform’s shares surging more than 10% after the bell.
Fidelity Contrafund built a legendary reputation by zigging while Wall Street zagged, but managing $157.8 billion forces some uncomfortable questions about whether a fund this massive can still bet against the crowd without becoming it.
Ackman dumped Alphabet and doubled down on three megacap tech winners. Here's what has to go right for the outperformance to continue.
Meta is teaming up with NABTU to tap a massive skilled labor pipeline as the tech giant ramps up construction and maintenance of AI infrastructure in the U.S.
Australia's escalating enforcement could test whether Meta's automated age-detection systems satisfy regulators considering substantially higher penalties.
Tougher enforcement raises the stakes for social media platforms.
VFIAX carries the word "diversified" in its pitch, but what sits inside the fund tells a different story about concentration, risk, and how a handful of platform giants now shape the retirement savings of millions.
New public sessions will address power, water and costs while Meta builds a $13 billion facility in Sturgeon County and local opposition becomes more visible
New public sessions will address power, water and costs while Meta builds a $13 billion facility in Sturgeon County and local opposition becomes more visible.
Nvidia and Intel are trying to solve two very different problems, though both are tied to the AI data-center boom.
Wall Street is nearly unanimous that Meta is a screaming buy, yet the stock keeps sliding while one analyst eyes a price target that sounds almost reckless. The story behind that gap is more complicated than a simple earnings miss.
As AI fuels demand for power, these companies are well-positioned to meet the moment.
By Avinash P and Purvi Agarwal Aug 13 (Reuters) - The S&P 500 climbed to an intraday record high on Thursday, powered by advances in semiconductor and other heavyweight technology stocks, as a retreat
Meta Platforms Chief Executive Mark Zuckerberg this week stepped back into the ring as a champion for open AI models. It remains to be seen what that means for Meta stock and the social media giant's expensive push to be an AI leader. Zuckerberg published more than 6,000 words detailing his view that broad access to AI models is best for the industry's future.
Jeff Bezos filed a Form 144 with the Securities and Exchange Commission on Aug. 3, proposing to sell up to 15 million Amazon shares worth approximately $4.07 billion. Within the same week, Sky Sports reported that Bezos had joined a consortium closing in on a deal for a roughly one-third ...
SHOP's AI-driven commerce is gaining traction as AI traffic, orders and conversions rise, strengthening its growth prospects.
Nebius just tripled in 2025 and then surged another 34% in a single session, leaving investors who missed it facing a brutal choice between chasing a vertical spike and watching a high-growth AI cloud story potentially run without them.
Sen. Mark Warner (D-Va.) said Congress must act quickly to manage artificial intelligence’s economic and security risks while ensuring the U.S. remains ahead of global competitors. Warner Pushes Congress to Act on AI On Tuesday, in a post on X,...
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