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Alyeska group discloses 1.16% SKYX Platforms (SKYX) ownership in 13G/A
Alyeska Investment Group, L.P., Alyeska Fund GP, LLC, and Anand Parekh have jointly reported a beneficial ownership of 1,555,509 shares of SKYX Platforms Corp. common stock, which represents 1.16% of the class. This updated Schedule 13G/A filing indicates that the group now owns 5% …
Meta Stock Edges Higher as Australia Enforcement Risk Intensifies
This article first appeared on GuruFocus. Meta Platforms (NASDAQ:META), the social-media powerhouse behind Facebook and Instagram, edged approximately 0.3% higher Friday morning as Australia's under-16 social-media ban put Meta's enforcement machine under a brighter spotlight. The numbers are enormous. Meta deactivated 462,000 suspected underage …
What's next for Meta Platforms after this quarter's AI-driven selloff?
Meta Platforms (META [https://seekingalpha.com/symbol/META]) delivered a mixed Q2 2026 earnings report that sent shares tumbling despite posting 28% year-over-year revenue growth. The company's aggressive AI infrastructure investments drove expenses up 55%, resulting in a 90% decline in free cash flow and a 13% drop …
How Serious Are Thousands of Addiction Lawsuits for Meta (META) and Snap (SNAP)?
A federal appeals court removed another procedural obstacle facing more than 3,000 lawsuits accusing Meta Platforms, Inc. (NASDAQ:META), Snap Inc. (NYSE:SNAP), Alphabet, and TikTok of harming young users through allegedly addictive product features. The Ninth Circuit did not decide whether the companies are liable. …
Meta's $27 Billion AI Risk Hides Off Balance Sheet
This article first appeared on GuruFocus. Social networking and AI company Meta Platforms Inc. (META, Financials) is using joint ventures to help fund some of its enormous data-center buildout, keeping some of the related debt off its balance sheet. Warning! GuruFocus has detected 2 …
FY2029 EPS Estimates for SKYX Platforms Lowered by Analyst
Litchfield Hills Research has lowered its FY2029 EPS estimate for SKYX Platforms (NASDAQ:SKYX) to $0.13 from $0.14, while projecting FY2030 EPS at $0.16. Despite missing quarterly EPS expectations by $0.01, SKYX Platforms exceeded revenue estimates and maintains a "Moderate Buy" consensus rating with an …
Analyst Says Meta’s (META) AI Gains Are an ‘Illusion,’ Company Isn’t Well Positioned in AI Race
Meta shares are under pressure amid fears about heavy AI spending. Roger McNamee, co-founder of Elevation Partners, recently said in a program on CNBC that Zuckerberg is trying to create an "illusion" that the company is positioned well in the AI race. He thinks …
NextPlat Corp (NXPL) boosts margins, cuts losses despite 20% revenue drop
NextPlat Corp reported a significant improvement in profitability and a narrower net loss for the three and six months ended June 30, 2026, despite a revenue decrease. The company's gross margin sharply increased due to a favorable mix shift and new higher-margin contracts in …
Big CX News from Five9, Cisco, Meta & More
This article summarizes key developments in the CX space, highlighting Five9's major $100M CCaaS deal with a financial services firm, Cisco's successful use of agentic AI to resolve 145,000 support cases, and Meta CEO Mark Zuckerberg's vision for personal AI agents transforming customer journeys. …
SKYX Platforms (SKYX) Q2 2026 Earnings Call: Revenue Reaches $25.3 Million
SKYX Platforms reported record Q2 2026 revenue of $25.3 million, a 14% sequential and 10% year-over-year increase, marking its tenth consecutive quarter of top-line growth. Gross profit reached $7.3 million, and operating cash usage improved by 39% sequentially to $3.7 million. The company aims …
Key facts: META rolls out Muse Glimmer; 756K accounts deactivated
Meta Platforms (META) has launched Muse Glimmer for single-GPU PCs and plans to release Muse Spark 1.2, while reporting 3.6 billion daily users across its applications in June. Separately, a new 2x inverse ETF tracking META, named METQ, will be listed on Cboe on …
Meta (META) Stock Could Be 37% Undervalued On Teen Safety Ruling
Find your next quality investment with Simply Wall St's easy and powerful screener, trusted by over 7 million individual investors worldwide. Meta Platforms stock has pulled back over the past year, yet the latest valuation work suggests the current price may still sit well …
Is Leggett & Platt (LEG) A Bargain On Weak Earnings?
Leggett & Platt (LEG) recently reported declining sales and net income for Q2 and H1 2026, yet its share price has seen short-term gains, puzzling investors. While one valuation narrative suggests the stock is 7.6% undervalued with a fair value of $10.50, driven by …
Earnings call transcript: NextPlat Q2 2026 loss narrows as stock jumps 21%
NextPlat Corp. announced strong Q2 2026 results, highlighting significant sequential growth in its e-commerce and contracted healthcare services, which led to a record consolidated gross margin of 40% and a near elimination of net loss. The company saw a 136% increase in contracted pharmacy …
Meta Stock Rises While 756,000 Teen Accounts Come Down
This article first appeared on GuruFocus. Meta Platforms (NASDAQ:META), the social-media powerhouse behind Facebook and Instagram, rose roughly 1.3% Thursday morning as Australia's under-16 social-media crackdown put Meta's enforcement machine under the microscope. The numbers are huge. Meta removed 756,000 suspected underage accounts from …
Meta Removes 756,000 Teen Accounts in Australia
This article first appeared on GuruFocus. Meta Platforms Inc. (META, Financials), the parent of Facebook and Instagram, said it has erased approximately 756,000 accounts believed to belong to Australians under 16 as the government tightens up enforcement of its social media prohibition.Between December and …
Leggett & Platt Inc. stock underperforms Thursday when compared to competitors despite daily gains
Shares of Leggett & Platt Inc. (LEG) rose 2.97% to $9.70 on Thursday, amidst a positive trading session for the broader market. Despite this gain, the stock underperformed its competitors. Leggett & Platt Inc. closed 25.38% below its 52-week high of $13.00.
SKYX Platforms Corp. Stock 12‑Month Price Target Cut to $4.04, Implies 234% Upside
SKYX Platforms Corp. (SKYX) has seen its average price target cut to $4.04 from $4.18 by analysts, implying a 234% potential upside based on the Aug. 12 closing price. Despite the reduction, the consensus rating remains a "Buy" from 6 covering analysts. This update …
Meta removes 750K+ under-16 accounts in Australia—Here's how AI is helping
[Meta European head office] Derick Hudson Meta Platforms (META [https://seekingalpha.com/symbol/META]) announced on Thursday that it has revoked access to more than 750K Facebook and Instagram accounts in Australia that it assessed as belonging to users under 16 since complying with the country’s social media …
Meta Remains a Deeply Discounted Giant: Wall Street Expects 30% Gains, One Analyst Expects 100%
Quick Read Meta trades 26% below Wall Street's $754 average price target, with 55 of 62 analysts holding Buy ratings despite a brutal post-earnings selloff. META's $31 billion quarterly capex cratered free cash flow 91%, yet analyst conviction dwarfs digital ad peers RDDT and …
Zuckerberg Reaffirms Faith In 'Open Weight' AI. Will It Pay Off For Meta Stock?
Meta Platforms Chief Executive Mark Zuckerberg this week stepped back into the ring as a champion for open AI models. It remains to be seen what that means for Meta stock and the social media giant's expensive push to be an AI leader. Zuckerberg …
Meta (META) Deletes 756,000 Teen Accounts, But Is It Enough?
Meta Platforms (NASDAQ:META) says it has taken down 756,000 accounts it believes belonged to Australians under 16 since a nationwide ban on teen social media use took effect on December 10. The company disclosed the figure on August 13, splitting it into 462,000 suspect …