Dubbed the Magnificent Seven stocks, Apple, Microsoft, Google parent Alphabet, Amazon, Nvidia, Meta Platforms and Tesla lived up to their name in 2023 with big gains. But the middle part of the second quarter of 2024 showed a big divergence of returns.
The social media maven has a vast opportunity thanks to artificial intelligence (AI).
Meta Platforms Inc (NASDAQ:META) is under fire for allegedly withholding information from federal regulators during the reviews of its acquisitions of Instagram and WhatsApp, according to a recent court filing by the U.S. Federal Trade Commission (FTC). The FTC is pushing to dismantle the social media conglomerate through an ongoing lawsuit, Bloomberg reported. Meta, previously known as Facebook, led by Mark Zuckerberg, acquired Instagram in 2012 and WhatsApp in 2014. The FTC examined both deals