Meta
2025.06.17
16:49
Meta to launch next-generation ASIC chips as early as Q4
Meta Platforms is rumored to launch the next-generation AI ASIC chip MTIA T-V1 designed by Broadcom in the fourth quarter of 2025, and its specifications are expected to exceed Nvidia's Rubin AI GPU.
14:55
Jefferies: Raised Meta Platforms (META.O) price target from $700 to $790.
2025.06.16
21:41
Meta Platforms (META.O) rose 2.5% as the company plans to launch new feature updates to WhatsApp in the coming months.
17:02
Bitcoin Buyer Metaplanet Now Worth More Than Chipmaker Kioxia
Metaplanet, a Japanese hotelier turned bitcoin buyer, has surpassed memory chip maker Kioxia Holdings in market value after its shares surged nearly 400% in less than two months on the back of a global cryptocurrency rally. Metaplanet’s market value surpassed 1 trillion yen ($6.9 billion) for the first time on Monday, and its gains also put it ahead of chip maker Screen Holdings and Tokyo Metro Co., one of the world’s largest subway system operators.
2025.06.14
05:51
Sources: Microsoft, OpenAI and XAI plan to stop using Scale AI, and Google, Scale AI's largest customer, plans to terminate its cooperation with Scale AI after reaching a cooperation with Meta.
04:11
The three major U.S. stock indexes all closed down more than 1%, and the energy sector rose against the trend
U.S. stocks opened lower and fell, with all three major indexes falling by more than 1%. The Dow fell 1.79%, a cumulative decline of 1.32% this week; the Nasdaq fell 1.3%, a cumulative decline of 0.63% this week; the S&P 500 fell 1.13%, a cumulative decline of 0.39% this week. Most large technology stocks fell, Intel fell more than 3%, Nvidia fell more than 2%, Apple and Meta fell more than 1%, Microsoft, Netflix, Google, and Amazon fell slightly; Tesla rose by about 2%. The energy sector rose against the trend, with Houston Energy rising more than 119%, U.S. Energy rising more than 55%, Indonesia Energy rising about 45%, and Mesa Royalty Trust rising about 29%. Drone manufacturer Airo closed up 140% on its first day of US IPO. Oracle rose more than 7%, with a cumulative increase of nearly 24% this week, the best single-week performance since 2001.
2025.06.13
09:20
Scale AI announces “huge new investment” from Meta; CEO Wang Tao to step down and join Meta
On June 12, Wang Tao, CEO of AI startup Scale AI, published a letter to all employees, announcing that the company had received a "huge new investment" from Meta. He will leave to join Meta, but will remain as a director of Scale AI to continue to support the company's mission and long-term vision. Wang Tao said that he and the Scale board of directors have agreed to Jason Droege as interim CEO. Droege is working closely with the board of directors to seek to hire a chief technology officer to strengthen the company's engineering team.
09:16
Market news: Scale AI announced a new round of investment from Meta Platforms (META.O), with a valuation of more than US$29 billion.
04:12
The three major U.S. stock indexes all closed slightly higher, with the S&P 500 and Dow Jones hitting new closing highs in at least three months.
U.S. stocks opened low and ended high, with all three major indexes closing slightly higher. The S&P 500 rose 0.38%, the Dow Jones Industrial Average rose 0.24%, and the Nasdaq rose 0.24%. Among them, the S&P 500 hit a new closing high since the end of February, and the Dow Jones Industrial Average hit a new closing high since early March. Large technology stocks rose and fell, with Microsoft and Nvidia rising more than 1%, Intel, Apple, and Amazon rising slightly; Tesla fell more than 2%, Netflix, Google, and Meta fell slightly. Oracle rose more than 13%, setting a record closing high, and the company's fourth-quarter results exceeded expectations. Chime (CHYM.US), a U.S. financial technology company, rose more than 37% on its first day of listing. The IPO was priced at $27 per share. Boeing fell nearly 5% after an Air India Boeing 787 crashed.
04:02
Energy company XGS Energy will work with Meta Platforms (META.O) to develop a 150-megawatt advanced geothermal project.
01:12
Meta company executives: AMD's MI350 chip is being used to train and deploy recommendation engines.
2025.06.12
08:57
Meta challenges EU regulatory fees on tech giants
Meta Platforms has filed a lawsuit with Europe's second highest court, challenging the EU's regulatory fees on tech giants, criticizing their calculation methods as opaque, excessive and unfair. According to the Digital Services Act (DSA), which will come into effect in 2022, 18 large online platforms, including Meta and TikTok, must pay a regulatory fee equivalent to 0.05% of their annual global net income to cover the EU Commission's regulatory costs for enforcing the law. The fee is calculated based on each company's monthly active users and its profit and loss in the previous fiscal year. The EU's second highest court is expected to make a ruling next year.
04:08
The three major U.S. stock indexes closed down collectively, with Intel falling more than 6%
U.S. stocks opened high but ended low, with the three major indexes collectively closing down. The Nasdaq fell 0.5%, the S&P 500 fell 0.27%, and the Dow fell slightly by 1 point. Most large technology stocks fell, with Intel falling more than 6%, the largest single-day drop in two months; Amazon fell more than 2%, Apple and Meta fell more than 1%, Nvidia and Google fell slightly; Netflix rose more than 1%, and Tesla and Microsoft fell slightly. Oklo rose nearly 30%, setting a record closing high, and the company reached a nuclear power agreement with the U.S. Air Force. Space technology company Voyager Technologies Inc. (VOYG) rose more than 84% on its first day of U.S. IPO.
2025.06.11
22:50
Meta launches new model V-JEPA 2
Meta introduced a new model, V-JEPA 2, which it said "achieves state-of-the-art visual understanding and prediction in the physical world, thereby improving the physical reasoning capabilities of AI agents." At the same time, the company also released three new benchmarks to evaluate the ability of existing models to infer the physical world from videos.
04:12
U.S. stocks closed: All three major indexes hit a record high in at least three months, and Intel achieved its largest single-day gain in two months
The three major U.S. stock indexes closed higher, with the Nasdaq up 0.63%, the S&P 500 up 0.55%, and the Dow up 0.25%. Among them, the Nasdaq and S&P 500 continued to hit new closing highs since the end of February, and the Dow hit a new closing high since early March. Most large technology stocks rose, with Intel up nearly 8%, the largest single-day gain in two months; Tesla rose more than 5%, Google and Meta rose more than 1%, Apple, Nvidia, and Amazon rose slightly; Netflix fell more than 1%, and Microsoft fell slightly. Circle fell more than 8%, after a cumulative increase of more than 270% in the three days since its listing. McDonald's (MCD) closed down for seven consecutive trading days, the longest consecutive decline since 2013.
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Weekly Highlights
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