WhatsApp, Meta and Ad Machine
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Meta’s massive AI investments lift its stock, but rising valuations and macro risks prompt questions about how long the rally can last.
Staying in the AI race is crucial for Meta, Google, Amazon and Microsoft, with the technology likely to be the future for the industry.
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Cryptopolitan on MSNMeta finally introduces ads to WhatsApp raising concerns on user privacyMeta is finally bringing ads on WhatsApp, eleven years after the social media giant acquired the platform, whose founders avoided advertising.
The move could affect all Instagram and Facebook subscribers and the future of the global advertising industry.
Oppenheimer analysts raised their price target for Outperform-rated Meta Platforms (NASDAQ:META) shares to $775 from $665 in a note Monday, citing a “better than feared” macro and advertising environment.
Meta (NASDAQ:META) said Thursday it is suing Crush AI in its fight against "nudify apps," which allow the creation of AI-generated nude or sexually explicit images without a user's consent. The social media and tech giant said it is filing the suit against the parent company of the app,
Meta Platforms stands out as a top AI stock because of its attractive valuation. With a forward price-to-earnings ( P/E) ratio of 25, Meta trades at a large discount to its Magnificent Seven peers, including Apple, Amazon, Microsoft, and Nvidia, which average an earnings multiple closer to 32.
Meta has sued the maker of a popular AI "nudify" app, Crush AI, that reportedly ran thousands of ads across its platforms.