Meta Platforms (META)
META
Meta Platforms (META)
615.95
-0.13% (-0.83)
Updated 09:30 PMMETA
Meta Platforms (META)
615.95
-0.13% (-0.83)
Updated 09:30 PMMETA
615.95
-0.13% (-0.83)
Updated 09:30 PM
Overview
Broadcom's upgraded guidance signals stronger demand for the custom AI chip it builds for Meta. This suggests Meta's in-house AI accelerator program is scaling faster than previously indicated, reinforcing its position in the broader AI infrastructure buildout.
Updated 04:12 AM
High confidence08/27, 06:44 AM
Meta will face stricter teen safety and age-verification rules under a settlement; shares rose 1.7% as investors viewed the terms as substantially less severe than potential worst-case outcomes.
Affected assets
FirstSquawk
08/27, 06:44 AM
Related updates
FinancialJuice·08/27, 03:15 AM
A judge approved Meta's settlement with states over child harms allegations.
Bloomberg·08/26, 09:21 PM
Evercore ISI maintained Outperform on Meta with an $860 price target after Meta settled a youth-safety lawsuit with a payment of at least $11.66 billion, potentially rising to $16.68 billion.
Jin10·08/26, 09:03 PM
Meta agreed to settle child-safety lawsuits with U.S. states for up to $16.7 billion and implement usage restrictions including 2-hour daily limits and night-mode blocking for users under 18.
Jin10·08/26, 08:35 PM
Meta Platforms agreed to pay $12.7 billion to U.S. states with an additional $5.3 billion conditional.
FirstSquawk·08/26, 08:33 PM
Meta agreed to pay $18 billion over 10 years for youth online safety initiatives as part of a settlement with U.S. authorities.