Meta shares gained just 11% year to date versus 16.6% for the S&P 500 and 22.2% for the Nasdaq 100. Rosenblatt Securities raised its price target to $1,117, implying 68% upside. The analyst sees ...
Meta Platforms (META) fell nearly 25% from its all-time high as investors punished elevated AI spending plans. Meta laid off 600 employees from its AI unit and may make further cuts to reduce costs.
Psychiatrists are sounding the alarm about a new pattern they are seeing in clinics and emergency rooms: people who spend hours a day with AI chatbots and emerge with paranoid beliefs, grandiose ...
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