#meta-platforms

#meta-platforms

Stanley Druckenmiller of Duquesne Family Office bought 76,100 shares of Meta Platforms and 102,200 shares of Alphabet. They collectively account for 2% of his portfolio. Israel Englander of Millennium Management purchased 793,500 shares of Meta Platforms and 2.2 million shares of Alphabet. They are now his eighth- and fifth-largest holdings, respectively, excluding options.

Undoubtedly, AI spending jitters have weighed on Meta Platforms far more than some of the other Mag Seven giants. Given Meta Platforms' willingness to pay up for the best-in-breed AI talent out there, perhaps it's not a shocker that shares would find themselves down by so much in such a short timespan. Lots of hedge funds sold Meta Platforms stock in Q3. Does it matter?

Meta Platforms (NASDAQ: META) has received an updated outlook from Evercore ISI, with analyst Mark Mahaney reaffirming his 'Outperform' rating and citing a strengthening core business along with expanding long-term monetization opportunities. To this end, Mahaney assigned a price target of $875 for the American technology giant. The value suggests that META stock would need to rally nearly 37% from its last closing price of $640.

Meta Platforms and Amazon could surpass the current combined market value of Nvidia and Palantir by the end of the decade. Over the past year, Nvidia shares have advanced 33%, bringing its market value to $4.3 trillion. Meanwhile, Palantir Technologies shares has advanced 155%, bringing its market value to $395 billion. In aggregate, the companies are worth about $4.7 trillion. Apple could certainly surpass that figure within five years, but I also have confidence in Meta Platforms and Amazon .

Two U.S. senators are pushing the heads of the Federal Trade Commission and the Securities and Exchange Commission to probe Meta Platforms after a recent Reuters investigation revealed the social media giant earned $16 billion from advertising scams and banned goods in 2024. A letter from Senators Josh Hawley (R‑MO) and Richard Blumenthal (D‑CT) to the agencies calls for a full investigation into Meta, pointing out that internal documents show Meta earned about 10% of its annual revenue from scam and fraudulent ads last year.

Meta is the largest social media company in the world, boasting close to 4 billion monthly active users worldwide. The firm's "Family of Apps," its core business, consists of Facebook, Instagram, Messenger, and WhatsApp. End users can leverage these applications for a variety of different purposes, from keeping in touch with friends to following celebrities and running digital businesses for free. Meta packages customer data, gleaned from its application ecosystem and sells ads to digital advertisers.

With apps surging and receding, chasing one craze and moving on from others, and adding new features with each passing year, the FTC has understandably struggled to fix the boundaries of Meta's product market. Even so, it continues to insist that Meta competes with the same old rivals it has for the last decade, that the company holds a monopoly among that small set, and that it maintained that monopoly through anticompetitive acquisitions,

With the market beginning to retreat from all-time highs, now can be a good time to invest in some long-term potential winners. Let's look at three beaten-down stocks you can add today, starting with $1,000 investments. This is a nice starting amount to dip your toe into these stocks, and if they feel any more pressure, you can add to your positions later.

Finding some stocks that are a bit down to double up on can be a good investing strategy. However, investors must be sure that what they're buying is a quality company that's only down because the market has grown impatient or is expecting some short-term headwinds. If you can identify these companies, I think there is a lot of money to be made by purchasing shares today.

Shares of Meta Platforms sank despite the social media company reporting strong third-quarter results that easily topped analyst estimates, as investors fret over its capital expenditures (capex) spending. The company said it needs more computing power for its artificial intelligence (AI) initiatives, and as such raised the low end of its capex budget this year from a prior outlook of $66 billion to $72 billion to a new range of $70 billion to $72 billion. It also expects a big increase next year as well.