Meta Platforms beat Q3 EPS by $0.73 and revenue by $159.52M; daily users hit 3.29B (+5% YoY). Yet, its enterprise value is too high, with a -20.5% margin of safety. 2024 projected revenue is $163.12B;
Amid huge investments, some AI stocks are out-performing. Meta has gained 66% in 2024; Microsoft only 12%.
These companies have delivered eye-popping results for many years -- and seem likely to keep doing so for the foreseeable future.
Did you know the "Magnificent Seven" moniker was meant as a warning, not an endorsement? Check out the risks and rewards of owning these dominant tech stocks.

Missed Out on Nvidia? Buy These 3 AI Stocks.

07:40am, Sunday, 10'th Nov 2024
AI's investor potential goes far beyond the chip giant.
The growing adoption of AI in the digital ad market should help this social media giant deliver robust earnings growth and stock upside over the next three years.
Meta stock and Nvidia peer Broadcom are among among five S&P 500 stocks on IBD Leaderboard that are near buy points. The post Five S&P 500 Stocks, All Elite IBD Giants, Near Buy Points appeared first

Will Meta Platforms Enact a Stock Split in 2025?

07:30am, Saturday, 09'th Nov 2024
Meta Platforms is nearing a point similar to where its big tech peers last split their stocks.
A federal judge said Meta Platforms CEO Mark Zuckerberg is not personally liable in 25 lawsuits accusing his company of addicting children to social media.
Meta Platforms (NASDAQ:META) recently reached a record $1.5 trillion market value, seeing the value of its shares rise 66% in 2024 and 387% since early 2023.
Meta Platforms is spending a ton of money to pursue generative AI.
The Dow Jones Industrial Average's shift away from value and income could open the door for other mega-cap growth stocks.
Baidu is set to unveil a pair of glasses with a built-in AI assistant. Sources say the Chinese tech giant plans to showcase the product at its annual Baidu World event in Shanghai next week.
A professor sued pre-emptively to release software that would let users automatically unfollow everyone in their Facebook feed.
Looser regulatory restrictions and an increased focus on AI from the incoming presidential administration could be a boon to leaders in the space.
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