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Meta Raises AI Spending, Plans Nonvoting Shares
Morgan Stanley reiterated its Overweight rating on Meta and raised its price target to $820, while noting that Muse’s downloads have not yet translated into strong user retention. StoneX remained cautious ahead of Meta’s third-quarter results, expecting higher expense and capital-spending guidance as AI investment and other costs weigh on the outlook.
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Open the journal →About Mark Zuckerberg
Mark Elliot Zuckerberg is an American businessman, webmaster, and programmer who co-founded the social media service Facebook and its parent company Meta Platforms. He is its chairman, chief executive officer (CEO), and controlling shareholder.
Everything about Mark Zuckerberg →- Occupation
- programmer, entrepreneur, computer scientist, patron of the arts
- Position held
- chief executive officer
- Citizenship
- United States
- Born
- May 14, 1984
