StreetInsider.com News Articles

Judge will not block Meta layoffs in AI discrimination case

Fri, 17 Jul 2026 13:26:24 -0400

Judge will not block Meta layoffs in AI discrimination case

Meta stock pares losses on report of AI computing deal talks

Fri, 17 Jul 2026 12:35:46 -0400

Meta Platforms (NASDAQ:META) recovered from a steep 5.7% dip, paring losses to 3% after a New York Times report revealed the tech giant is in early-stage talks to lease its vast AI data centers to Anthropic in a blockbuster $10 billion deal.

According to the report, Anthropic proposed the deal in June, which would involve the AI startup paying Meta in monthly increments over a two-year period for access to its AI data centers. Both companies would have the option to exit the agreement early.

The potential arrangement would represent a new

Meta stock pares losses on report of AI computing deal talks

Fri, 17 Jul 2026 12:35:46 -0400

The potential arrangement would represent a new

Meta stock pares losses on report of AI computing deal talks

Fri, 17 Jul 2026 12:35:46 -0400

The potential arrangement would represent a new

Meta stock pares losses on report of AI computing deal talks

Fri, 17 Jul 2026 12:35:46 -0400

The potential arrangement would represent a new

Meta Platforms (META) in talks to lease compute to Anthropic - NYT

Fri, 17 Jul 2026 12:22:43 -0400

(Updated - July 17, 2026 12:22 PM EDT)

Meta Platforms (NASDAQ: META) in talks to lease compute to Anthropic - NYT

deal could be worth $10 billion
CEO Mark Zuckerberg recently said he would be open to leasing some excess compute

Meta Platforms (META) call put ratio 1.6 calls to 1 put as share price down 5.2%

Fri, 17 Jul 2026 11:30:33 -0400

Meta Platforms (NASDAQ: META) 30-day option implied volatility is at 56; compared to its 52-week range of 24 to 57. Call put ratio 1.6 calls to 1 put as share price down 5.2%.

BMO Capital Reiterates Market Perform Rating on Meta Platforms Inc. (META)

Fri, 17 Jul 2026 06:30:32 -0400

BMO Capital analyst Brian J. Pitz reiterated a Market Perform rating and $720.00 price target on Meta Platforms Inc. (NASDAQ: META).

The analyst commented: 'Impressive AI model releases and intentions to launch a cloud business have helped ease fears around META's meaningful ~$141B of 2026E CapEx spend. Despite these near-term improvements, we continue to believe that META has the least visible AI ROI story. Additionally, we highlight that governments globally continue to push online age verification initiatives that threaten META's core business. Maintain Market Perform, our estimates, and $720 target price, as we seek increased visibility into AI initiatives, cloud business

Active options: META AMD GOOGL PLTR TSM IREN ASTS NOK ORCL MRVL IBM

Fri, 17 Jul 2026 06:28:06 -0400

Active options: META AMD GOOGL PLTR TSM IREN ASTS NOK ORCL MRVL IBM

Baird Reiterates Outperform Rating on Meta Platforms Inc. (META)

Thu, 16 Jul 2026 06:45:19 -0400

Baird analyst Colin Sebastian reiterated an Outperform rating and $830.00 price target on Meta Platforms Inc. (NASDAQ: META).

The analyst commented: "Revisiting our positive thesis on META; our view has been the high costs of AI infrastructure/platform build-out are embedded in expectations while potential incremental revenue benefits generally are not. We believe this view is gaining traction, particularly with Meta's expanding business agents, upgrades to Meta AI and the core ad platform, and with longer-term potential for cloud/AI services that leverage accelerated custom silicon initiatives. We expect solid Q2 results despite some intra quarter volatility, and that the gravitational pull of

Citi sees Google, Meta and Amazon capex spending at over $800 billion in 2027

Thu, 16 Jul 2026 06:43:25 -0400

Investing.com -- Citi is projecting a staggering $801 billion in combined 2027 capital expenditure across Alphabet, Meta Platforms, and Amazon, warning that the scale of AI infrastructure spending will push all three hyperscalers into negative free cash flow territory in both 2027 and 2028.

The brokerage firm materially raised capex forecasts across the board ahead of Q2 2026 earnings season — results that Citi also expects to beat consensus on the top and bottom lines.

Citi stated that "we are materially raising CapEx projections, resulting in negative FCF in '27E & '28E for each" of the three companies. The bank raised its

Citi sees Google, Meta and Amazon capex spending at over $800 billion in 2027

Thu, 16 Jul 2026 06:43:25 -0400

The brokerage firm materially raised capex forecasts across the board ahead of Q2 2026 earnings season — results that Citi also expects to beat consensus on the top and bottom lines.

Citi stated that "we are materially raising CapEx projections, resulting in negative FCF in '27E & '28E for each" of the three companies. The bank raised its

Citi sees Google, Meta and Amazon capex spending at over $800 billion in 2027

Thu, 16 Jul 2026 06:43:25 -0400

The brokerage firm materially raised capex forecasts across the board ahead of Q2 2026 earnings season — results that Citi also expects to beat consensus on the top and bottom lines.

Citi stated that "we are materially raising CapEx projections, resulting in negative FCF in '27E & '28E for each" of the three companies. The bank raised its

Citi sees Google, Meta and Amazon capex spending at over $800 billion in 2027

Thu, 16 Jul 2026 06:43:25 -0400

The brokerage firm materially raised capex forecasts across the board ahead of Q2 2026 earnings season — results that Citi also expects to beat consensus on the top and bottom lines.

Citi stated that "we are materially raising CapEx projections, resulting in negative FCF in '27E & '28E for each" of the three companies. The bank raised its

Citi sees Google, Meta and Amazon capex spending at over $800 billion in 2027

Thu, 16 Jul 2026 06:43:25 -0400

The brokerage firm materially raised capex forecasts across the board ahead of Q2 2026 earnings season — results that Citi also expects to beat consensus on the top and bottom lines.

Citi stated that "we are materially raising CapEx projections, resulting in negative FCF in '27E & '28E for each" of the three companies. The bank raised its

Citi sees Google, Meta and Amazon capex spending at over $800 billion in 2027

Thu, 16 Jul 2026 06:43:25 -0400

The brokerage firm materially raised capex forecasts across the board ahead of Q2 2026 earnings season — results that Citi also expects to beat consensus on the top and bottom lines.

Citi stated that "we are materially raising CapEx projections, resulting in negative FCF in '27E & '28E for each" of the three companies. The bank raised its

Needham on Reddit (RDDT): 'Building Assets AI Can't Steal'