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Meta opens a new frontier in AI race. Why it’s a warning for Apple.

Hassett eyed as Trump’s next Fed chair, Comcast’s cable spinoff could be valued at $10 billion, Hovnanian earnings sank the sector, more news to start your day.

MSN·
US
META
+3.43%
MSN·
US
META
+3.43%

REG - JPMorgan Asset Mngt Bakkavor Group PLC - Form 8.3-Bakkavor Group plc

JPMorgan Asset Management has disclosed its public opening position in Bakkavor Group plc, as required by Rule 8.3 of the Takeover Code. The disclosure includes interests and short positions in relevant securities, with a total of 5,885,314 shares representing 1.02% of Bakkavor's ordinary shares. The disclosure also mentions dealings in cash-settled derivatives and confirms no indemnity or option arrangements. The disclosure is part of regulatory requirements under the Code, with further details available through the London Stock Exchange's RNS service.

London Stock Exchange·
US
JPM
+1.27%
London Stock Exchange·
US
JPM
+1.27%

Meta Platforms (NASDAQ:META) Upgraded by Arete Research to Strong-Buy Rating

Arete Research upgraded Meta Platforms (NASDAQ:META) from a "hold" to a "strong-buy" rating. Other analysts have also adjusted their price targets, with Rosenblatt Securities increasing theirs to $1,117.00 and Bank of America lowering theirs to $810.00. Meta's stock opened at $661.53, with a market cap of $1.67 trillion. Recent earnings exceeded expectations, and insider trading activity was noted. Institutional investors have been adjusting their positions in the company.

Market Beat·
US
META
+3.43%
Market Beat·
US
META
+3.43%

Social Buzz: Wallstreetbets Stocks Mixed Pre-Bell Friday; SoFi Technologies, Oklo to Decline

Wallstreetbets stocks showed mixed pre-market performance on Friday. AST SpaceMobile, Nvidia, Meta Platforms, Amazon, and Tesla saw slight increases, while SoFi Technologies, Oklo, and UiPath experienced declines. AST SpaceMobile rose 1.1%, Nvidia 0.6%, Meta 0.5%, Amazon 0.3%, and Tesla 0.1%. In contrast, SoFi Technologies fell 7.1%, Oklo 5.4%, and UiPath 1.3%.

fidelity·
US
SOFI
+1.82%
US
META
+3.43%
US
ASTS
+18.25%
fidelity·
US
SOFI
+1.82%
US
META
+3.43%
US
ASTS
+18.25%

North American Morning Briefing: Stock Futures Edge Up as Investors Await PCE Data

Stock futures rose as investors await PCE data, the Fed's inflation measure. September PCE data, delayed by a government shutdown, is expected to show slight inflation acceleration. Fed's December meeting may hinge on this data. Stocks like Apple, Argan, DocuSign, and Meta Platforms showed varied movements. Oil prices rose amid geopolitical tensions, while gold prices increased due to a weaker dollar.

MorningStar·
US
META
+3.43%
US
AGX
+1.51%
US
DOCU
+0.68%
MorningStar·
US
META
+3.43%
US
AGX
+1.51%
US
DOCU
+0.68%
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