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Meta Platforms Stock Bucked the Market's Trend

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.

MarketWatch on MSN · 4h

Meta Platforms Inc. stock outperforms competitors on strong trading day

Shares of Meta Platforms Inc. inched 0.84% higher to $615.86 Friday, on what proved to be an all-around poor trading session for the stock market, with the NASDAQ Composite Index falling 1.63% to 19,161.

Zacks.com on MSN · 1d

Meta Platforms (META) Stock Slides as Market Rises: Facts to Know Before You Trade

Meta Platforms (META) closed the most recent trading day at $610.72, moving -1.16% from the previous trading session. The stock trailed the S&P 500, which registered a daily gain of 0.16%. Elsewhere,

The Motley Fool · 4h

Why Meta Platforms Stock Bucked the Market's Trend and Rallied Friday

Despite the market's dour mood on Friday, shares of Meta Platforms ( META 0.84%) rallied, gaining as much as 3.1%. As of 3:03 p.m. ET, the stock was still up 1.9%. It was not one catalyst that sent the social media and artificial intelligence (AI) giant higher, but rather a flurry of developments, each from a different quarter.

Meta to End Diversity Programs

The Associated Press on MSN · 1h

Meta nixes diversity and inclusion program as it prepares for second Trump administration

Joining companies such as John Deere and Walmart, Facebook and Instagram's parent company Meta Platforms Inc. is getting rid of its diversity, equity and inclusion program, a company spokesperson confirmed on Friday.

Reuters · 8h

Meta to end diversity programs ahead of Trump inauguration

Meta Platforms is ending its diversity, equity, and inclusion (DEI) programs, including those for hiring, training and picking suppliers, it said in a memo to employees posted on an internal company forum on Friday.

CBS News on MSN · 6h

Meta ends diversity programs, joining McDonald's, Walmart and others

Meta confirms Axios report that the company is is axing its diversity, equity and inclusion efforts, including for hiring and training.

ai, Meta

ConsumerAffairs · 6h

Authors sue Meta alleging it used pirated books to train its AI systems

A group of authors, including Ta-Nehisi Coates and Sarah Silverman, have accused Facebook parent Meta Platforms of using pirated books to train its artific

Reuters · 1d

Meta knew it used pirated books to train AI, authors say

Meta Platforms used pirated versions of copyrighted books to train its artificial intelligence systems with approval from its CEO Mark Zuckerberg, a group of authors alleged in newly disclosed court papers.

Yahoo · 8h

Facebook Apparently Trained Its AI by Torrenting Pirated Books Stolen From Authors

Free Loaders Newly unredacted court documents allege that Meta, formerly Facebook, knowingly used pirated books obtained from the online archive Library Genesis to train its AI models, Wired reports.

Meta went MAGA

THE WEEK · 8h

Meta's right turn on red: Zuckerberg turns toward MAGA

All these moves indicate a rightward shift for Meta, as Zuckerberg joins the other leaders of Big Tech trying to curry favor with the president-elect and his cohort. A more free-speech-friendly Facebook and Instagram could significantly change the ethos of the digital world, but for now, Meta's actions are stirring up plenty of discourse.

FOX News on MSN · 3d

Trump says Meta has ‘come a long way’ after Zuckerberg ends fact-checking on platforms

EXCLUSIVE: President-elect Trump reacted to Meta's move to end its fact-checking program on Facebook, Instagram and its other platforms, telling Fox News Digital that the company has “come a long way.

USA TODAY on MSN · 1d

Why Meta went MAGA: Inside Mark Zuckerberg's reset with Donald Trump

With Republicans back in control of both chambers of Congress and calling for new regulation of Big Tech, the Meta CEO is realigning with Trump.

3hon MSN

The Score: Meta Platforms, Moderna, Edison International and More Stocks That Defined the Week

Starting in the U.S., Meta will be replacing fact-checkers with a so-called Community Notes system. Similar to Elon Musk’s ...

20m

Meta ends DEI programs amid conservative pressure

Meta is eliminating the company’s DEI team, ending “equity and inclusion programs and changing hiring and supplier diversity ...

Meta policy chief says decision to end DEI ensures company hires 'the most talented people'

Meta’s global policy chief Joel Kaplan told Fox News Digital the move to end its diversity, equity, and inclusion programs will ensure the company is “building teams with the most talented people" ...

13mon MSN

Biden warns of gas price hikes, blasts Meta over fact-checking

“It is probable gas prices could increase as much as three, four cents a gallon,” Biden said. But he added that the sanctions ...

9hon MSN

Could Meta ending fact-checking lead to rise in health misinformation?

Meta announced this week it was ending third-party fact-checking and moving towards community notes. Some experts fear it could lead to a rise in health misinformation.