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The Latest Breaking News from Meta

Meta rides AI boom to stellar quarterly earnings, but slightly less than expected

Company beats financial predictions but does not increase daily users as much as Wall Street thought it might

The Guardian - US

Meta Stock Falls Despite Strong Quarter. Why Zuckerberg Is Keeping Up The AI Spending Spree.

Meta stock was trading lower late Wednesday after the Facebook parent reported Q3 earnings ahead of views.

Investors Business Daily

Meta earnings blast forecasts, but Facebook parent sees big capex increase

Meta is pivoting from efforts to develop virtual reality to an effective all-in bet on the power of AI technologies.

The Street

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UALink Consortium poised to compete with Nvidia's NVLink — AMD and Intel-led group opens doors to contributor members

The Ultra Accelerator Link, or UALink, Consortium has officially incorporated, becoming a legal entity. The group, made up of AMD, Intel, Meta, Google, and other major tech players, seeks to create a standard to dethrone Nvidia's NVLink for server cluster communication.

Tom’s Hardware

Meta CEO Mark Zuckerberg speaks about Facebook strategy, past and future

"We're not a social network company, we're a human connection company," the celebrated founder recently said.

The Street

Midday stock movers: Alphabet, Super Micro, Eli Lilly and more

Here are the stocks making the biggest market moves.

The Street

Analysts update Reddit stock price target after earnings

This is what could happen next to Reddit shares.

The Street

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Analysts revisit AMD stock price targets after earnings

AMD CEO Lisa Su said the total addressable market for AI accelerators would rise to $500 billion by 2028.

The Street

Dow Falls As Super Micro Crashes; Meta Dives As Microsoft Gains After Results (Live Coverage)

Dow Jones stocks fell after economic data in the stock market today. Nvidia rival Advanced Micro Devices fell while a Warren Buffett stock dived after earnings.

Investors Business Daily

It looks like Google is bringing the Play Store to VR, and I hope it doesn't just come to Samsung's XR headset

It looks like Google is bringing the Play Store to VR, but when it will it launch?

TechRadar

Dow Jones Falls After Jobs Data, GDP Report; Super Micro Plunges 30%

Stock Market Today: The Dow Jones fell Wednesday after jobs data and GDP. Google stock surged on earnings.

Investors Business Daily

Analysts overhaul Alphabet stock price targets as Google parent soars

Google parent Alphabet overcame a key investor concern as it posted stronger-than-expected third quarter earnings.

The Street

Meta's leaked 'Avalanche' could bring back Oculus Rift games, but I want more

A long-rumored cloud gaming app was briefly leaked on the Quest Store. We suspect it'll arrive on Quest 3 soon, but used in a safe way — and we'd love to see something more ambitious.

Android Central

Stock Market Today: Stocks close lower as Treasury yields climb

Another move higher in Treasury bond yields kept Wall Street in the red, with big jobs and earnings ahead as traders close out a challenging October.

The Street

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Barchart

Nasdaq Futures Climb on Upbeat Alphabet Results, U.S. GDP Data and More Big Tech Earnings on Tap

December Nasdaq 100 E-Mini futures (NQZ24) are trending up +0.28% this morning as strong quarterly results from Alphabet boosted sentiment, while investors also awaited a fresh batch of U.S. economic data and earnings reports from “Magnificent Seven” companies Microsoft and Meta.

The Guardian - AU

ABC chair says pressing ‘digital titans’ for revenue is a ‘mainstream democratic imperative’

Kim Williams says funding local news and public interest journalism is crucial in a world where ‘the distortion of culture poses such a grave threat to democracy’

Al Jazeera

US tech stocks send Nasdaq to hit record high, as Alphabet beats forecasts

Tech-heavy Nasdaq Composite Index rises 0.8 percent as investors bet on strong earnings from Meta, Amazon and Microsoft.

inkl

Metaverse Resurrection – Can Blockchain Bring the Metaverse Back to Life?

Metaverse isn't as hot as it used to be. For the most part, this much-hyped future of digital life has recently started to wear off. Yes, big shots like Meta and Microsoft refuse to let go, but AI has been lately taking off all the attention, and now the Metaverse…

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Investors Business Daily

Dow Jones Futures Fall, Techs Rise; Google, Reddit Jump But Caterpillar, Eli Lilly, AMD Tumble

The Nasdaq hit a new high in Tuesday's mixed session. Google and Reddit jumped on earnings late. AI second fiddle AMD tumbled.

Barchart

Stocks See Support from Positive US Consumer Confidence Report and Tech Stocks

The S&P 500 Index ($SPX ) (SPY ) on Tuesday closed up +0.16%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.36%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.98%. Stocks on Tuesday saw support from the stronger-than-expected US consumer confidence report. Higher...

The Street

Alphabet stock leaps as Google parent crushes Q3 earnings

Impressive gains for Google cloud could ease concerns over the surge in AI spending.

Investors Business Daily

Squirrelly Action Is One Reason To Watch Nvidia. Here Are 5 More.

As Nvidia stock comes under pressure, here are five more reasons to watch the AI giant, plus one caveat for investors.

Investors Business Daily

Meta Stock Rising Ahead Of Q3 Earnings. Investors Watching AI Spending, Ad Strength.

Meta stock has rocketed up more than 500% from its late 2022 nadir but faces a test of its strength Wednesday with q3 due.

TechRadar

Batman: Arkham Shadow review: an almost flawless VR experience

Batman: Arkham Shadow is a full-on AAA VR experience that everyone with a Meta Quest 3 or 3S should try

Barchart

Stocks See Support from Positive US Consumer Confidence Report

The S&P 500 Index ($SPX ) (SPY ) today is up +0.06%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.20%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.43%. Stocks today opened mildly lower but gained some ground after the stronger-than-expected US consumer...

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