Meta company headlines, earnings, strategy, leadership, and market-moving business updates.
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A new report argues Meta’s push to embed generative artificial intelligence across its ad products and apps is translating into higher engagement, while the company expands the compute and infrastructure behind those tools.
THE APEX TIMES
THE APEX TIMES
A sharp rally after Micron’s third-quarter results appeared to push its market capitalization toward the trillion-dollar range, briefly challenging the size gap versus Tesla and Meta, according to a market report.
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The chipmaker’s Dragonfly portfolio targets large growth in data-center revenue by fiscal 2029, with Meta positioned as an early customer for CPU designs.
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Qualcomm stock rallied sharply early in the session, then pulled back as investors weighed renewed expectations around Meta’s data-center plans and a broader round of analyst target hikes.
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U.S. tech stocks extended a losing streak Thursday, with the Nasdaq falling for a fourth straight session. Trading action in the group also reflected shifting market-cap rankings, as Micron was described as overtaking Meta and Tesla.
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A new push from Meta targets more automated review of content, a step meant to improve the speed and consistency of moderation as platforms face rising volumes.
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Micron Technology edged ahead of Meta Platforms in market valuation, the first time the memory-chip maker has overtaken the social-media giant in value, as investors reacted positively to its outlook for AI-related infrastructure spending.
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Meta will use Qualcomm’s multi-generation Dragonfly C1000 central processing units (CPUs) to power part of its next-generation server fleet, according to a market report.
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A new leadership move tied to WhatsApp highlights how Meta is betting on payments and consumer behavior in India, with Kunal Shah at the center of the story.
