With the S&P 500 already up 26% from a low point in late October, money is starting to pour into European stocks. Investors should expect that to continue. The S&P 500 has become expensive, while the Stoxx Europe 600 hasn’t. The S&P 500 is now trading at 20.7 times the per-share earnings its component companies … Read more
Are Oracle and Microsoft rivals or partners when it comes to artificial intelligence? Both, judging by their latest announcements. Oracle ’s recent earnings staked out its claim to be an AI winner as it reported strong demand for its cloud services. That has boosted its stock and helped it get an upgrade to Buy from … Read more
Meta Platforms, Inc. Analyst Report: Meta Platforms, Inc.Meta is the world’s largest online social network, with nearly 4 billion family of apps monthly active users. Users engage with each other in different ways, exchanging messages and sharing news events, photos, and videos. The firm’s ecosystem consists mainly of the Facebook app, Instagram, Messenger, WhatsApp, and … Read more
Another day brings yet another salvo in the artificial-intelligence wars. No sooner had Alphabet introduced an upgrade to its AI model than OpenAI struck back with a new video-generation tool and was reported to be taking aim at the search-engine market. Microsoft -backed OpenAI on Thursday made a buzzy public announcement of the launch of … Read more
Meta Platforms introduced its first-ever dividend, alongside reporting better-than-expected revenue and profit driven by strong ad sales during the holiday shopping season. With this, chief executive Mark Zuckerberg could potentially receive an annual payout of around $700 million ( ₹5,800 crore) from this historic dividend for investors. Meta’s CEO Mark Zuckerberg (REUTERS) {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} … Read more
It is always a stockpicker’s market. You just have to pick the right stocks. If you picked the so-called Magnificent Seven last year—a group of highflying, mostly tech stocks that powered the S&P 500 index to a 24% gain—you looked in the mirror and beheld a genius. This year, it might be wise to avoid … Read more
Meta isn’t just the parent company of Facebook, it’s also become a pioneer in the new wave of virtual reality. It has a lineup of virtual reality headsets to shop, and a couple of them are seeing deals today. Both the Meta Quest 2 and the Meta Quest Pro have their price dropped at Best … Read more
In a newly unsealed legal complaint, 33 states allege that Meta Platforms, the parent company of Instagram, Facebook and others, knowingly allowed millions of users under the age of 13 on its platform while only disabling a bunch of the reported accounts. The complaint accuses Meta of violating federal children’s privacy laws by collecting their … Read more
Apple Inc. on Saturday said that recent claims of new iPhones getting too hot to the touch are due to software and app-related bugs and that fixes are coming soon. The company said the device can get warm in the first few days as the device works overtime to get set up and restore a … Read more
Meta Meta’s Quest 3 is official, and it’s arriving soon. The VR headset is sure to be in high demand when it releases on October 10, so you’ll want to secure a Meta Quest 3 preorder if you want to be among the first to use the headset. Some listings are already live, so in … Read more