Meta Platforms is ending its fact-checking program. That could be risky for the stock
The decision to retreat from its attempts to stem a rising tide may not pay off for the business, and it could spell bad news for the stock.
Why Meta Platforms Stock Slumped on Monday
Meta Platforms ( META -1.22%) received some discouraging news from the highest court in our land Monday, and investors reacted accordingly. They traded the bellwether social media stock down by more than 1% after digesting the legal headlines, on a day when the S&P 500 index closed in positive territory with a 0.2% bump higher.
Why Meta Platforms Stock Jumped 65% in 2024
Shares of Meta Platforms (NASDAQ: META) soared last year as the "Magnificent Seven" stock cracked the trillion-dollar mark once again. Like other tech stocks, Meta Platforms jumped on the broader AI boom as it experienced a resurgence in advertising revenue and moved past its earlier metaverse misstep.
Meta Platforms (META) Price Prediction and Forecast 2025-2030
Meta Platforms has gained over 1,200% since 2012. The company is now investing heavily in artificial intelligence, bolstering our stock price predictions.
The enshittification of Meta’s platforms
The future of these large platforms appears grim. Doctorow suggests that they risk becoming “zombies,” similar to MySpace—a site that still exists but offers nothing more than AI-generated content and spam.
Meta stocks rise as inflation eases
The S&P 500, Dow, and Nasdaq are set to open higher today. This comes after the release of the Producer Price Index (PPI) report for December. The report showed that the producer price index rose 0.2% last month.
Meta Platforms, Inc (META): Leveraging AI to Connect the World
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Meta holds no truths to be self-evident
Readers discuss Mark Zuckerberg’s decisions to end fact-checking on social media, DEI program in Meta. Regarding the Jan. 8 ...
Meta could rake in billions in ad dollars if TikTok is banned
Meta stands to be one of the largest beneficiaries of a TikTok ban in the US, analysts say. Through ad dollars alone, Meta ...
Jim on Meta Platforms Inc. (META): Layoffs, Efficiency, and Zuckerberg’s Bold Moves
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Facebook Parent Meta Platforms To Lay Off 5% Of Staff; CEO Mark Zuckerberg Warns Of “Intense” Year Ahead
Facebook and Instagram parent Meta Platforms plans to lay off about 5% of its workforce, with CEO Mark Zuckerberg warning of ...
Bloomberg reports that Meta will lay off 5% of staff
News reports say that social media company Meta Platforms is planning to cut 5% of total staff this year by terminating staff ...
Meta Platforms, Inc. (META): Driving Growth with AI Advancements, Ad Revenue Surge, and Cutting-Edge Innovation
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The new Meta policy makes social media a dangerous place for people like me
The move risks emboldening and amplifying hate speech, particularly toward LGBTQ users, who often rely on the online ...