Meta (META) to allow European users to opt out of targeted ads

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Active options: BABA META F GOOG BAC NIO BBBY AMC JD SCHW CRM

March 30, 2023 9:44 AM EDT

Active options: BABA META F GOOG BAC NIO BBBY AMC JD SCHW CRM

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Meta's $10 billion CTM business 'largely ignored by investors' - analysts

March 30, 2023 9:26 AM EDT

Credit Suisse analyst Stephen Ju raised the price target on Meta Platforms (NASDAQ: META) to $251 per share (from $220) after factoring in the latest cost reduction initiatives.

With two rounds of cost cuts already announced and behind us, the investment rationale now hinges on revenue growth outperformance. We highlighted two reasons for our optimism heading into... More

Meta rolls out long-sought tools to separate ads from harmful content

March 30, 2023 9:05 AM EDT

By Katie Paul

(Reuters) - Meta Platforms Inc said on Thursday it is now rolling out a long-promised system for advertisers to determine where their ads are shown, responding to their demands to distance their marketing from controversial posts on Facebook and Instagram.

The system offers advertisers three risk levels they can select for their ad placements, with the most conservative option excluding placements above or below posts with sensitive content like weapons depictions, sexual innuendo and political... More

Meta To Let Europe Users Opt Out Of Some Targeted Ads - WSJ

March 30, 2023 6:44 AM EDT

Meta To Let Europe Users Opt Out Of Some Targeted Ads - WSJ

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Evercore ISI Reiterates Outperform Rating on Meta Platforms Inc. (META), sees compelling valuation

March 30, 2023 6:09 AM EDT

Evercore ISI analyst Mark Mahaney reiterated an Outperform rating and $305.00 price target on Meta Platforms Inc. (NASDAQ: META).

"We reiterate our Outperform and $305 PT on MET in the wake of a deep-dive analysis into its CTM (click-to-message) ad offerings. This segment, which has reached... More

Meta Platforms Inc. (META) PT Raised to $251 at Credit Suisse

March 30, 2023 5:29 AM EDT

Credit Suisse analyst Stephen Ju raised the price target on Meta Platforms Inc. (NASDAQ: META) to $251.00 (from $220.00) while maintaining a Outperform rating.... More

Meta to give EU users more options for data handling

March 30, 2023 12:54 AM EDT

(Reuters) -Meta Platforms Inc said on Thursday it would change the legal basis on how Facebook and Instagram use personal data to target advertising in the European Union, after the bloc's privacy regulator fined it for alleged breaches in January.

The move, Meta said, will give EU users more options around how their data is handled and is not expected to impact the company's lucrative targeted-advertising business in the region.

The social media giant was fined 390 million euros ($425.72 million)... More

Meta best-positioned to benefit from potential TikTok ban - Morgan Stanley

March 29, 2023 9:13 AM EDT

Morgan Stanley analyst Brian Nowak believes Meta Platforms (NASDAQ: META) is the best-positioned internet stock to benefit from the potential U.S. ban on TikTok.

The analyst notes increasing momentum to ban TikTok, which could have a massive impact on other social media apps as there would be 53 billion U.S. consumer... More

Meta, Qualcomm are among the top stocks to own for the next 6 months at Bernstein

March 29, 2023 9:00 AM EDT

Ann Larson, Head of U.S. Quantitative Research at Bernstein, presented the list of 12 stocks that she and her colleagues believe could outperform the market in the next 6 months.

Spread over 7 sectors, Bernstein highlights 12 high-quality, not-crowded stocks.

Since 2004, U.S. stocks rated Outperform by our fundamental analysts have produced premiums... More

12 stocks to own for the next 6 months - Bernstein

March 29, 2023 8:54 AM EDT

Bernstein analyst Ann Larson on top picks for the next 6 months: "They are 1) highly ranked on a quantitative basis, 2) not crowded, and 3) companies where our analysts have a strong positive view."

"There are 12 names in the portfolio: Meta Platforms Inc. (META), Qualcomm Inc (QCOM), American Express (AXP US), Micron... More

S&P 500 dips on tech drag as yields rise on easing bank jitters, upbeat consumer

March 28, 2023 3:09 PM EDT

By Yasin Ebrahim


Investing.com -- The S&P 500 slipped Tuesday as big tech continued to stumble as Treasury yields climbed on signs the consumer remains upbeat and worries about a banking crisis ease.


The S&P 500 fell 0.4%, the Dow Jones Industrial Average slipped 0.3%, or 82 points, and the Nasdaq fell 0.80%.


Treasury yields added to their gains from a day earlier as data showed that consumers are still upbeat about the economy, suggesting that the Federal Reserve may have more work to do.


The consumer confidence index rose to 104.2 in March from an upwardly revised 103.4... More

Walgreens, Lyft, Alibaba rise premarket; Meta Platforms, Virgin Orbit fall

March 28, 2023 8:16 AM EDT

By Peter Nurse

Investing.com -- Stocks in focus in premarket trade on Tuesday, March 28th. Please refresh for updates.

First Republic Bank (NYSE: FRC) stock rose 2%,... More

Meta plans bonus cut for some executives - WSJ

March 28, 2023 7:29 AM EDT

By Geoffrey Smith


Investing.com -- Social media giant Meta Platforms (NASDAQ: META) is set to cut bonuses for some executives, in what appears to be the company's latest effort to cut costs and restore profitability.


The Wall Street Journal cited an internal memo as saying that the current year's bonus round, which will begin in June and conclude by July, will cut the... More

Meta plans bonus cut for some executives - WSJ

March 28, 2023 7:27 AM EDT

By Geoffrey Smith

Investing.com -- Social media giant Meta Platforms (NASDAQ: META) is set to cut bonuses for some executives, in what appears to be the company's latest effort to cut costs and restore profitability.

The Wall Street Journal cited an internal memo as saying that the current year's bonus round, which will begin in June and conclude by July, will cut the bonus multiplier for... More

CFTC hits Binance, Micron earnings, Netanyahu backs down - what's moving markets

March 28, 2023 7:15 AM EDT

By Geoffrey Smith 


Investing.com -- Bitcoin wobbles after U.S. regulators clamp down on Binance. House price and consumer confidence data are due, Walgreens and Micron report earnings and oil extend gains after surging on a combination of factors.


1. Crypto hit by CFTC action against Binance


Cryptocurrencies had the wind taken out of their sails as the Commodity Futures Trading Commission accused Binance of illegally selling its derivatives trading services in the U.S., the latest in a series of regulatory measures that appear aimed at walling off crypto from the... More

Meta Platforms Plans Lower Bonus Payouts For Some Staff - WSJ

March 28, 2023 5:51 AM EDT

Meta Platforms Plans Lower Bonus Payouts For Some Staff - WSJ

... More