Meta Platforms

Meta Platforms' stock is lagging year-to-date amid massive AI investments and regulatory exposure, including a proposed up-to-$18 billion settlement. The company spent $31 billion in Q2 on AI projects, which sharply reduced free cash flow, but revenue rose 28% year over year to $60.8 billion driven by advertising and rising average revenue per user. Meta launched its consumer-focused AI agent Muse and trades at about 24.6 times earnings, leaving analysts to view it as a cash-generating company with upside potential despite near-term risks. » Więcej na finance.yahoo.com

Der Hamburgischer Beauftragte für Datenschutz considers Meta’s Ray‑Ban smartglass to be hardly legally secure for everyday use due to technical defects and risks during recordings. He criticizes insufficiently visible recording indicators, the capture of images during AI queries without an LED notice, as well as references to code for facial recognition and possible cooperation with police authorities. Users bear the legal responsibility for recordings in public spaces, since the data could also be unlawfully used to train commercial AI models, according to the commissioner. » Więcej na golem.de

JPMorgan upgraded Meta from “Neutral” to “Overweight” and raised the price target from $640 to $820. The bank cites Meta’s progress on AI models and AI agents such as Muse Spark 1.3 and the expected model “Watermelon,” which could open new growth sources beyond the advertising business. Analyst Doug Anmuth sees strong user demand for the Muse agent and points to potential revenue from fees and subscriptions as well as improvements in ad-targeting efficiency. » Więcej na de.investing.com