To The Moon

Citi analyst Ronald Josey raised the firm’s price target on Meta Platforms to $645 from $580 and keeps a Buy rating on the shares. Meta shares gained about 1% in premarket trading.As Reels ad load and usage continue to expand, Meta’s discovery engine and content recommendation models, powered in part by its investments in generative artificial intelligence, are a competitive advantage and represent a clear path of large language models return on investment, the analyst tells investors in a resea

Facebook and Instagram parent $Meta Platforms(META)$ Inc. on Friday said it would lift restrictions placed last year on the social-media accounts of former President Donald Trump - a move the company

NVIDIA on Monday announced the NVIDIA Omniverse Cloud Sensor RTX, which is a set of microservices enabling physically accurate sensor simulation to aid the development of fully autonomous machines. "Omniverse Cloud Sensor RTX accelerates the creation of simulated environments by combining real-world data from videos, cameras, radar, and lidar with synthetic data," the company said. Even for scenarios with limited real-world data, the microservices can be used to simulate a broad range of activities, such as whether a robotic arm is operating correctly, an airport luggage carousel is functional, a tree branch is blocking a roadway, a factory conveyor belt is in motion, or a robot or person is nearby, NVIDIA added. Source: Press Release

Story HighlightsOn Friday, Ark continued its Meta buying binge even though the stock bounced back and ended the day 0.43% higher.The Ark Invest made a number of trades on Friday involving some of the

Shares of Meta fell 15% on its earnings report in spite of strong results.

Facebook-parent Meta on Friday won an appeal overturning a previous court ruling that barred it from using its name in Brazil due to confusion with another company.Mark Zuckerberg's tech company was in late February ordered to stop using its name in Brazil within 30 days after a Brazilian computer services provider won a favourable ruling arguing it already owned rights to the name and had as a result of the U.S. branding been wrongly cited in over 100 lawsuits.In a statement, the Brazilian Meta

Meta Platforms CEO Mark Zuckerberg is now the fourth richest person in the world following a surge in Meta's share price that has increased his net worth more than any other individual this year.In 2024 so far, Zuckerberg's fortune has climbed by $42.4 billion, which has vaulted him to fourth place on Bloomberg's Billionaire Index. He has now overtaken Microsoft co-founder Bill Gates, who dropped to fifth-wealthiest billionaire.Zuckerberg, who owns a 13% stake in Meta , is now worth $170 billion, thanks to a surge in shares in the social media company he first set up in 2004 while a student at Harvard University.Zuckerberg now sits behind No. 1 billionaire Tesla CEO Elon Musk and Amazon founder Jeff Bezos, whose wealth climbed to $197 billion from $144 billion on Friday.The fast-paced growth in Zuckerberg's net worth saw him top the ranks of those who have made the sharpest increases in their wealth this year, ahead of Indian steel magnate Gautam Adani and Nvidia CEO Jensen Huang.