META Jun 2024 490.000 call
| Previous Close | 12.37 |
| Open | 12.62 |
| Bid | 11.75 |
| Ask | 11.95 |
| Strike | 490.00 |
| Expire Date | 2024-06-21 |
| Day's Range | 10.40 - 13.50 |
| Contract Range | N/A |
| Volume | |
| Open Interest | 8.59k |
- Yahoo Finance Video
Apple is catching up with the AI revolution: Dan Ives
As Big Tech companies reported earnings, they also revealed a massive wave of planned spending on AI projects and infrastructure. Some companies like Alphabet (GOOG, GOOGL), Meta (META), and Microsoft (MSFT) have pulled ahead, while others, like Apple (AAPL), have faced mounting challenges. Wedbush Securities Managing Director Dan Ives joins The Morning Brief to discuss what he calls "the fourth industrial revolution" in AI and Apple's advances on the front. Ives states that Apple's annual Worldwide Developers Conference will be paramount for Apple: "I think it's probably the most important event for Apple that we've seen potentially in a decade because this is going to be [CEO Tim] Cook laying out the AI strategy on the services side for developers, what I believe is really the start of an AI app store in terms of how that's going to morph and then its proprietary AI technology in iPhone 16, which will launch in September." For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Nicholas Jacobino
- Yahoo Finance Video
If TikTok were to go away, Meta would win: MikMak CEO
Big Tech and media companies like Meta (META), Amazon (AMZN), Reddit (RDDT), and more are seeing large jumps in their ad revenue year-over-year, with Reddit even seeing a 39% gain. As these companies realize potential in their data sets and money to be made from digital advertising, they continue to vie for any competitive edge they can find. TikTok is an incredibly powerful platform that sees huge volumes of user traffic which in turn can drive consumer growth for companies, both large brands and small businesses. With the US leveraging a potential ban against TikTok if its parent company ByteDance doesn't divest from it, how can these tech giants stir up even tighter competition if a ban ends up going through? MikMak CEO Rachel Tipograph joins Catalysts to discuss her company's findings from ad revenue data and the power TikTok holds in the business world. Tipograph explains: "TikTok is typically now around our second most trafficked social platform. It goes Meta, then TikTok, then an environment like YouTube (GOOGL, GOOG), Pinterest (PINS), Snap (SNAP), and then X is irrelevant. I share this because I'm not seeing brands pull back from TikTok. I think right now they're actually trying to put their pedal on the gas while TikTok's around. TikTok is an amazing channel to drive consumer growth. We're seeing it in beauty, we're starting to see it in grocery." She then affirms: "If TikTok was to go away, Meta would win, YouTube would win, CTV would win. TikTok is really a play of brand awareness and video, and so those dollars would just get reallocated." For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Nicholas Jacobino
- Yahoo Finance Video
How AI-powered neurotechnology can help ALS patients translate thoughts to commands
For decades, companies and researchers have been exploring implantable devices that can make the physically impossible a reality. These devices have been game-changers for people like Rodney, a patient based in Australia who has amyotrophic lateral sclerosis, also known as ALS or Lou Gehrig's disease. ALS gradually inhibits all movement, including your ability to communicate. Rodney was able to communicate with me by using the Stentrode device: a tiny electrode that converts brain signals into physical actions. In other words, the device reads his mind, by allowing him to type without ever moving his hands. The Stentrode was developed by Synchron, a neurotech company backed by Jeff Bezos and Bill Gates. And it’s only the beginning. Tech companies like Meta (META) are building off neurotech advancements in the medical world, which could lead to more consumer facing neurotech products in the future. If you’re going to future-proof your portfolio, you need to know what’s NEXT in the business of neurotechnology. In this series, Yahoo Finance will feature stories that give a glimpse at the future, and show how companies are making big moves today that will matter tomorrow. For more on our NEXT series, click here, and tune in to Yahoo Finance Live for more expert insight and the latest market action, Monday through Friday.
