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TD Cowen Maintains Meta Platforms(META.US) With Buy Rating, Raises Target Price to $675
Tech giant financial reporting season is coming again, and this time the focus is still on: nvidia and capital expenditures
Analysts believe that considering the expensive stock price and the high base figure from the same period last year, nvidia's Q3 performance may face challenges, with investors closely monitoring its AI investments and the situation with the Blackwell chip. In terms of capital expenditures, Wall Street generally expects them to continue to surge, but still bullish on the potential of AI.
Citi: Cisco (CSCO.US) sees opportunities in the field of AI, raises target price to $62.
Citigroup upgraded its rating on Cisco from neutral to buy, and raised the target price from $52 to $62.
Accused of causing addiction among teenagers on social media platforms, Meta is sued by over 30 states in the USA.
On Tuesday, a federal judge in California, usa, ruled that Facebook's parent company Meta must face lawsuits from various states in the usa, accusing it of exacerbating mental health issues among teenagers by making Facebook and Instagram platforms addictive.
Meta Lays off Employees at WhatsApp and Instagram, the Verge Reports
Express News | Meta Lays off Employees Across Multiple Teams- Techcrunch