|Bid||298.45 x 800|
|Ask||298.51 x 4000|
|Day's range||293.70 - 300.21|
|52-week range||88.09 - 326.20|
|Beta (5Y monthly)||1.23|
|PE ratio (TTM)||35.92|
|Earnings date||24 Oct 2023 - 30 Oct 2023|
|Forward dividend & yield||N/A (N/A)|
|1y target est||340.13|
Meta Platforms' (META) personal messaging apps, like WhatsApp and Signal, are on the hot seat as SEC investigators expand their probe into Wall Street traders' private messages. Yahoo Finance Live's Rachelle Akuffo breaks down the investment firms that are under scrutiny and how Meta's stock is reacting to the situation in today's Trending Ticker. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Amazon (AMZN) has made an initial investment of $1.25 billion, according to Reuters, in the generative AI startup, Anthropic. Amazon is committed to potentially investing up to $4 billion in Anthropic, securing a minority ownership stake in the startup. Anthropic is recognized for its 'Claude' AI system, which provides assistance to users by answering their questions, similar to ChatGPT. Anthropic will leverage Amazon's resources in its development efforts, including Amazon Web Services and the company's custom chips. This investment trend aligns with the broader movement of tech giants, such as Microsoft (MSFT), Google (GOOG, GOOGL), and Meta (META), increasingly investing in artificial intelligence. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
AI is not new, but recent breakthroughs that led to generative AI apps like ChatGPT have sparked interest in the technology among investors. Two stocks that are great picks to do so are Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) and Meta Platforms (NASDAQ: META). Alphabet, the parent company of Google, used AI to improve its business for a while.