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Meta eyes a move into electricity trading
Meta is quietly preparing to become a player in wholesale electricity markets, turning its voracious artificial intelligence power demand into a reason to trade energy like a utility or hedge fund.
Meta is now stepping directly into the electricity market because the company believes this is the only way to get new power plants built fast enough for its AI goals. The company is entering ...
Shares of Meta Platforms, Inc. (NASDAQ:META) rose sharply in pre-market trading after the company posted upbeat results for its first quarter. The company reported first-quarter earnings of $6.43 per ...
(Bloomberg/Josh Saul, Riley Griffin and Naureen S. Malik) — Meta Platforms Inc. is venturing into the complex world of electricity trading, betting it can accelerate the construction of new US power ...
In order to accelerate the construction of new power plants needed to provide energy for its data centers, Meta is looking to get into the business of trading electricity. Bloomberg reports that both ...
I'm downgrading Meta to a sell due to deteriorating fundamentals despite recent stock gains. Ad impression growth is slowing, especially in the high-value U.S. and Canada market, signaling possible ...
META PLATFORMS ($META) is expected to release its quarterly earnings data on Wednesday, April 30th after market close, per Finnhub. Analysts are expecting revenue of ...
Shares of Meta Platforms (NASDAQ:META) have closed in green for 17 straight sessions and have gained 17% over the last 16 trading sessions. The social media and tech giant closed +0.3% at $719.80 on ...
Meta Platforms ($META) is expected to release its quarterly earnings data on Wednesday. You can see Quiver Quantitative's $META stock page to track data on insider ...
Shares of Meta Platforms, Inc. (NASDAQ:META) rose sharply in pre-market trading after the company reported better-than-expected second-quarter financial results and issued third-quarter sales guidance ...
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