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META Dec 2024 430.000 call

OPR - OPR Delayed price. Currency in USD
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69.300.00 (0.00%)
As of 03:43PM EDT. Market open.
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  • Yahoo Finance Video

    Solar industry, AI chip stocks, Fed rate outlook: Market Domination

    The final trading hour of the day is here, and it brought Julie Hyman and Josh Lipton to break down the biggest market (^DJI, ^IXIC, ^GSPC) stories and economic themes ahead of Thursday's closing bell. In today's episode of Market Domination, Wedbush senior equity analyst Dan Ives talks chipmaker earnings for this quarter as the AI chip trade recovers from yesterday's selloff. Former Federal Reserve Bank of Kansas City President Thomas Hoenig outlines the Fed's patience in waiting to cut interest rates, reminding officials of historical examples of what could happen if you cut rates too fast. Other top trending tickers on the Yahoo Finance platform include Abbott Laboratories (ABT) after reporting second quarter earnings, Meta Platforms (META) as it seeks to buy a stake in European sunglass maker EssilorLuxottica (EL.PA, ESLOY), Broadcom (AVGO), and Blackstone (BX) on its latest earnings print; Julie Hyman interviewed Blackstone President and COO Jonathan Gray this morning. This post was written by Luke Carberry Mogan.

  • Yahoo Finance Video

    AI still years out from 'physical' applications: Strategist

    Big Tech has experienced a dip in the past few trading days as investors seem to be rotating out of the sector in favor of small-cap stocks. Spear Invest founder and CIO Ivana Delevska joins Market Domination to give insight into the current performance of the tech sector (XLK) and inform investors know what to keep in mind moving forward. Deleveska argues that Big Tech isn't going anywhere because, to truly implement AI in these businesses, it will take considerable investments.  Using Google's (GOOG, GOOGL) and Meta Platforms' (META) products as examples, she states: "As we go forward, it's going to take 2 to 3 years to see real applications come through. We are already seeing it on the early side with customer service and productivity improvement tools that are really leveraging the large language models, but the next level, the next layer of opportunity, will be in the physical, like robotics, autonomous driving, and that's going to take a little bit longer to play out. Nevertheless, you do need to make the investments today in compute to be able to advance these applications even a little bit. " For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Nicholas Jacobino

  • Associated Press Finance

    Nigeria fines Meta $220 million for violating data protection and consumer rights laws

    Nigeria's government on Friday announced a fine of $220 million on Meta, saying its investigations found “multiple and repeated” violations of the country's data protection and consumer rights laws on Facebook and WhatsApp. A statement from Nigeria’s Federal Competition and Consumer Protection Commission, or FCCPC, listed five ways that Meta violated data laws in the West African country, including by sharing the data of Nigerians without authorization, denying consumers the right to self-determine the use of their data, discriminatory practices as well as abuse of market dominance. “Being satisfied with the significant evidence on the record, and that Meta Parties have been provided every opportunity to articulate any position ... the Commission has now entered a Final Order, and issued a penalty against Meta Parties,” FCCPC chief executive Adamu Abdullahi said in a statement.