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Meta Platforms Stock Bucked the Market's Trend

Why Meta Platforms Stock Jumped 65% in 2024

Shares of Meta Platforms (NASDAQ: META) soared last year as the "Magnificent Seven" stock cracked the trillion-dollar mark once again. Like other tech stocks, Meta Platforms jumped on the broader AI boom as it experienced a resurgence in advertising revenue and moved past its earlier metaverse misstep.

MarketWatch on MSN · 4h

Meta Platforms Inc. stock outperforms competitors on strong trading day

Shares of Meta Platforms Inc. inched 0.84% higher to $615.86 Friday, on what proved to be an all-around poor trading session for the stock market, with the NASDAQ Composite Index falling 1.63% to 19,161.

Zacks.com on MSN · 1d

Meta Platforms (META) Stock Slides as Market Rises: Facts to Know Before You Trade

Meta Platforms (META) closed the most recent trading day at $610.72, moving -1.16% from the previous trading session. The stock trailed the S&P 500, which registered a daily gain of 0.16%. Elsewhere,

The Motley Fool · 4h

Why Meta Platforms Stock Bucked the Market's Trend and Rallied Friday

Despite the market's dour mood on Friday, shares of Meta Platforms ( META 0.84%) rallied, gaining as much as 3.1%. As of 3:03 p.m. ET, the stock was still up 1.9%. It was not one catalyst that sent the social media and artificial intelligence (AI) giant higher, but rather a flurry of developments, each from a different quarter.

Meta to End Diversity Programs

The Associated Press on MSN · 1h

Meta nixes diversity and inclusion program as it prepares for second Trump administration

Joining companies such as John Deere and Walmart, Facebook and Instagram's parent company Meta Platforms Inc. is getting rid of its diversity, equity and inclusion program, a company spokesperson confirmed on Friday.

Reuters · 7h

Meta to end diversity programs ahead of Trump inauguration

Meta Platforms is ending its diversity, equity, and inclusion (DEI) programs, including those for hiring, training and picking suppliers, it said in a memo to employees posted on an internal company forum on Friday.

CBS News on MSN · 5h

Meta ends diversity programs, joining McDonald's, Walmart and others

Meta confirms Axios report that the company is is axing its diversity, equity and inclusion efforts, including for hiring and training.

Meta Goes Full MAGA

WISN 12 NEWS · 56m

Meta ends DEI programs amid conservative pressure

Meta is eliminating the company’s DEI team, ending “equity and inclusion programs and changing hiring and supplier diversity practices,” according to a company memo obtained by CNN and sent to all global employees by Meta’s vice president of human resources, Janelle Gale.

The Daily Beast on MSN · 6h

Meta Goes Full MAGA as it Kills Off DEI Programs

Meta, the parent company of Facebook and Instagram, will terminate all DEI programs—including in hiring, training and selecting suppliers. “The legal and policy landscape surrounding diversity, equity and inclusion efforts in the United States is changing,

The Week US on MSN · 8h

Meta's right turn on red: Zuckerberg turns toward MAGA

Meta CEO Mark Zuckerberg recently announced sweeping changes to the company's content moderation strategy, signaling a shift toward a more MAGA-friendly approach. It's a marked change from when the CEO banned President-elect Donald Trump from his platforms four years ago.

ai, Meta

ConsumerAffairs · 5h

Authors sue Meta alleging it used pirated books to train its AI systems

A group of authors, including Ta-Nehisi Coates and Sarah Silverman, have accused Facebook parent Meta Platforms of using pirated books to train its artific

Reuters · 1d

Meta knew it used pirated books to train AI, authors say

Meta Platforms used pirated versions of copyrighted books to train its artificial intelligence systems with approval from its CEO Mark Zuckerberg, a group of authors alleged in newly disclosed court papers.

Yahoo · 8h

Facebook Apparently Trained Its AI by Torrenting Pirated Books Stolen From Authors

Free Loaders Newly unredacted court documents allege that Meta, formerly Facebook, knowingly used pirated books obtained from the online archive Library Genesis to train its AI models, Wired reports.

Meta, Zuckerberg

FOX News on MSN · 3d

Trump says Meta has ‘come a long way’ after Zuckerberg ends fact-checking on platforms

EXCLUSIVE: President-elect Trump reacted to Meta's move to end its fact-checking program on Facebook, Instagram and its other platforms, telling Fox News Digital that the company has “come a long way.

Black Enterprise · 3d

Mark Zuckerberg Promotes Free Speech By Ending Fact-Checking On Meta Platforms Facebook And Instagram

Zuckerberg made the changes amid pressures from the Republican Party as they feel fact-checking on Meta platforms limits free speech.

Sky News Australia on MSN · 1d

Mark Zuckerberg scrapping fact-checkers on Meta is recognising the ‘tide is going out’

The Spectator contributor Terry Barnes lauds Meta Chief Executive Mark Zuckerberg for acknowledging the changing of the tides by scrapping fact-checkers on Facebook and Instagram in the US.

3hon MSN

The Score: Meta Platforms, Moderna, Edison International and More Stocks That Defined the Week

Starting in the U.S., Meta will be replacing fact-checkers with a so-called Community Notes system. Similar to Elon Musk’s ...

Meta policy chief says decision to end DEI ensures company hires 'the most talented people'

Meta’s global policy chief Joel Kaplan told Fox News Digital the move to end its diversity, equity, and inclusion programs will ensure the company is “building teams with the most talented people" ...

8hon MSN

Could Meta ending fact-checking lead to rise in health misinformation?

Meta announced this week it was ending third-party fact-checking and moving towards community notes. Some experts fear it could lead to a rise in health misinformation.