Meta poaches 28-year-old Scale AI CEO after taking multibillion dollar stake in startup
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/26/2026
- Wall St futures fall as chip stocks resume slide after Micron-led rally
- SpaceX weighs Starlink mobile service to US consumers, FT reports
- Morgan Stanley flags Fed hike risk if unemployment drops below 4%
- UBS trims AI portfolio exposure to semis and hardware after recent rally
- Micron posts record profit as AI memory demand fuels explosive growth
- Needham Starts NeoVolta (NEOV) at Buy
- Two major earthquakes strike Venezuela, killing at least 32 and injuring hundreds
- Hertz cuts guidance, announces notes and stock offerings, shares sink
- Wall St ends mixed as tech megacap declines outweigh upbeat chip outlook
- SanDisk stock target lifted by Citi on continued demand strength
Citi on Meta Platforms Inc. (META): 'we continue to view Meta as a core AI winner'
June 13, 2025 11:48 AM EDTCiti analyst Ronald Josey reiterated a Buy rating and $690.00 price target on Meta Platforms Inc. (NASDAQ: META).
The analyst comments "Yesterday, Meta invested $14.3B in Scale AI to acquire a 49% stake in the company valuing Scale AI at $29B and representing... More

