Gold prices slip slightly after recent gains; U.S. data eyed
The sales were conducted by CZI Holdings, LLC, pursuant to a Rule 10b5-1 trading plan adopted by Zuckerberg on February 1, 2025. An additional 15,847 shares of Class A Common Stock were acquired through the conversion of Class B Common Stock, at a price of $0. Meta Platforms (NASDAQ:META), now valued at $1.95 trillion, continues to demonstrate strong financial performance with an 82% gross profit margin. InvestingPro subscribers have access to 16 additional key insights and a comprehensive Pro Research Report, offering deeper analysis of META’s market position and growth potential. Meta Platforms, now valued at $1.95 trillion, continues to demonstrate strong financial performance with an 82% gross profit margin. InvestingPro subscribers have access to 16 additional key insights and a comprehensive Pro Research Report, offering deeper analysis of META’s market position and growth potential.
The sales were conducted by CZI Holdings, LLC, pursuant to a Rule 10b5-1 trading plan adopted by Zuckerberg on February 1, 2025. An additional 15,847 shares of Class A Common Stock were acquired through the conversion of Class B Common Stock, at a price of $0.
In other recent news, Amazon (NASDAQ:AMZN) reported second-quarter 2025 revenue that surpassed consensus estimates by $5.5 billion, or 3%. The company’s third-quarter 2025 revenue guidance midpoint also exceeded expectations by 2%. Analyst Andrew Boone from Citizens JMP reiterated a Market Outperform rating on Amazon, maintaining a price target of $285.00 following these results. Meanwhile, Meta Platforms is exploring partnerships with AI startups Pika and Higgsfield to enhance video creation and editing capabilities. Discussions have included potential acquisitions or licensing agreements for Pika’s technology. Additionally, Benchmark raised its price target for Meta Platforms to $890, citing strong second-quarter earnings that offset concerns over future operating expenses. JPMorgan also increased its price target for Meta to $875, highlighting a 22% year-over-year revenue growth driven by AI and advertising improvements. In related developments, CoreWeave saw a stock increase as Meta and Microsoft (NASDAQ:MSFT) announced plans to boost AI spending, indicating strong demand for AI infrastructure.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.