Italy to investigate Meta (META) over abuse of position in music rights case

Chase Coleman Says Buy FAANGs at Tribute to Julian Robertson - Bloomberg

Chase Coleman Says Buy FAANGs at Tribute to Julian Robertson - Bloomberg

Meta Platforms (META) deep cost cuts to boost profitability, claims Argus

Meta Platforms (NASDAQ: META) was upgraded to Buy from Hold with a $270 price target at Argus on Wednesday. The firm said it believes the social media giant's deep cost cuts will boost profitability even in an uncertain macroeconomic environment, while increased competition in the social media space,... More

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Active options: JNJ META AI BAC SCHW MSFT GOLD BABA GME F NIO

Meta releases AI model that can identify items within images

By Katie Paul

(Reuters) - Facebook-owner Meta published an artificial intelligence model on Wednesday that can pick out individual objects from within an image, along with a dataset of image annotations that it said was the largest ever of its kind.

The company's research division said in a blog post that its Segment Anything Model, or SAM, could identify objects in images and videos even in cases where it had not encountered those items in its... More

Argus Upgrades Meta Platforms Inc. (META) to Buy on deep cost cuts that should boosts profits

(Updated - April 5, 2023 9:16 AM EDT)

Argus analyst Joseph Bonner upgraded Meta Platforms Inc. (NASDAQ: META) from Hold to Buy with a price target of $270.00.

The analyst commented, "We are raising our rating on Meta Platforms Inc. (NGS: META) to BUY from HOLD with a target price of $270. Meta is making some... More

Staff cuts at Meta lead Jefferies to lift price target for social media giant

By Scott Kanowsky

Investing.com -- Analysts at Jefferies became the latest to raise their price target for Meta Platforms Inc (NASDAQ: META) in the wake of the social media giant's second round of layoffs in less than six months in... More

Meta Platforms Inc. (META) PT Raised to $250 at Jefferies

Jefferies analyst Brent Thill raised the price target on Meta Platforms Inc. (NASDAQ: META) to $250.00 (from $225.00) while maintaining a Buy rating.... More

Meta Platforms Inc. (META) gaining share in both Instagram & FB blue usage - Piper

Piper Sandler analyst Thomas Champion reiterated an Overweight rating and $215.00 price target on Meta Platforms Inc. (NASDAQ: META).

"Instagram monthly usage stayed flat with Fall 22 at ~80% of teens, and remains the most used app by ~700 bps (up from ~400 bps in Fall 22). FB Blue... More

37% of US teens use TikTok, 27% Snap, 23% Instagram... 3% Facebook - Piper's Gen Z survey

ByteDances TikTok remains the favorite social platform for Gen Z, according to Piper Sandlers latest survey.

The Chinese social media giant topped the list with a 37% share, down by 1% compared to the Fall of 2022. Snap (NYSE: SNAP) is second on the list with a 27% share (down from 30%) while Instagram is the third most... More

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