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META Oct 2024 600.000 call
| Previous close | 9.95 |
| Open | 9.28 |
| Bid | 9.20 |
| Ask | 9.40 |
| Strike | 600.00 |
| Expiry date | 2024-10-18 |
| Day's range | 9.28 - 9.28 |
| Contract range | N/A |
| Volume | |
| Open interest | 4.23k |
- 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
The GuardianIs AI lying to me? Scientists warn of growing capacity for deception
Researchers find instances of systems double-crossing opponents, bluffing, pretending to be human and modifying behaviour in tests
