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META Dec 2024 350.000 put
| Previous close | 10.00 |
| Open | 9.50 |
| Bid | 9.20 |
| Ask | 9.50 |
| Strike | 350.00 |
| Expiry date | 2024-12-20 |
| Day's range | 9.47 - 9.50 |
| Contract range | N/A |
| Volume | |
| Open interest | 774 |
Yahoo FinanceApple’s iPad event was an AI teaser for its future
Apple's latest M4 chip is bringing more AI capabilities, providing a look into the company's upcoming WWDC conference.
- Yahoo Finance Video
It's time to be 'selective' with Big Tech: Nuveen CIO
Several 'Magnificent Seven' names have announced major investments in AI technology after reporting strong earnings. Yahoo Finance Anchors Brian Sozzi and Akiko Fujita are joined by Nuveen CEO Saira Malik at the Annual Milken Global Institute Conference to discuss whether there has been an overallocation in Big Tech names, leading to possible underperformance. "I think it's the year of being selective, and you saw that last week with Meta (META), which actually put up a good quarter with 27% revenue growth. But the whisper numbers were for 30% revenue growth. Stock goes down because it's over over-owned. Now you look at Apple (AAPL), where if you look at the fundamentals of the quarter, it's more about the next iPhone cycle seasonality, trade. But the stock was under-owned. So Apple goes up. So I think that crowding in these tech stocks is important for these stocks," Malik tells Yahoo Finance. For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Nicholas Jacobino
- Associated Press Finance
Undercover operation nets arrests as New Mexico's top prosecutor blames Meta for online predators
New Mexico’s top prosecutor announced charges Wednesday against three men who are accused of using Meta’s social media platforms to target and solicit sex with underage children. The arrests are the result of a monthslong undercover operation in which the suspects connected with decoy accounts that were set up by the state Department of Justice. The investigation began in December around the time the state filed a civil lawsuit against the social media giant, claiming Meta was failing to take basic precautionary measures to ensure children were safe on its platforms.
