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 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.
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.
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.
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The Motley Fool: Meta Platforms has become a major AI player
You may know Meta Platforms for its social media services, but it’s also become a major player in artificial intelligence.
Michael Stipe Calls for Meta Boycott to Protest Far Right Spread
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Meta Platforms, Inc (META): Leveraging AI to Connect the World
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Motley Fool: Considering Meta Platforms
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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 ...
Meta announces Capcut rival called Edits in the hopes TikTok users integrate more with Meta's platforms
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Meta's 'Community Notes' model will not apply to paid ads
Aspects of the program remain subject to change, according to the Wall Street Journal that first reported the development.
Irish Examiner on MSN3h
Meta will keep its fact checkers outside of the US ‘for now’
Meta will be replacing third-party fact checkers in the US with a community notes system. Read more at straitstimes.com.