#meta-platforms

#meta-platforms

The S&P 500 has risen about 10% this year and is hovering near its all-time highs. That rally was largely driven by the tech sector's robust growth rates, big buybacks, earnings beats across the market, easing trade tensions, and hopes for deeper interest rate cuts. But with a price-to-earnings ratio of 30, the S&P 500 also looks historically expensive. However, some of the S&P 500's top stocks are outperforming the benchmark index by a wide margin but still trading at reasonable valuations.

The S&P 500 has risen about 10% this year and is hovering near its all-time highs. That rally was largely driven by the tech sector's robust growth rates, big buybacks, earnings beats across the market, easing trade tensions, and hopes for deeper interest rate cuts. But with a price-to-earnings ratio of 30, the S&P 500 also looks historically expensive. However, some of the S&P 500's top stocks are outperforming the benchmark index by a wide margin but still trading at reasonable valuations.

The S&P 500 has risen about 10% this year and is hovering near its all-time highs. That rally was largely driven by the tech sector's robust growth rates, big buybacks, earnings beats across the market, easing trade tensions, and hopes for deeper interest rate cuts. But with a price-to-earnings ratio of 30, the S&P 500 also looks historically expensive. However, some of the S&P 500's top stocks are outperforming the benchmark index by a wide margin but still trading at reasonable valuations.

Meta Platforms CEO Mark Zuckerberg ( pictured) reportedly met with US President Donald Trump to discuss the threat of digital market taxes against US companies, ahead of the latter's threat to impose tariffs on nations which do not remove such legislation. Bloomberg reported yesterday (28 August) Zuckerberg met with Trump last week to talk about the threat of countries attacking US players by instituting digital rules and taxes against them.

Meta Platforms leads the nascent smart glasses market, which tripled in size last year and is forecast to grow faster than 60% annually through 2029.

Europe is heading down the wrong path on AI. This code introduces a number of legal uncertainties for model developers, as well as measures which go far beyond the scope of the AI Act.

Meta Platforms' robust earnings for the second quarter showcased a 22% revenue increase to $47.5 billion, boosting its stock significantly.

After leading market gains last year, artificial intelligence (AI) stocks are at it again. Investors became more optimistic that President Trump's import tariffs won't represent as much of a headwind for companies as initially expected.

Meta argues that generative AI models need large and diverse datasets which can only be achieved through real human discussions found in Facebook and Instagram posts.

The proposed class action against TD Bank NA was dismissed because the lead plaintiff failed to prove his specific personal information was disclosed to Meta Platforms Inc.