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Meta's AI Push Gains Momentum Ahead of Earnings — Guggenheim Stays Bullish
Meta Platforms, Inc. (NASDAQ:META) is one of the . On July 28, Guggenheim analyst Michael Morris raised the price target on the stock to $800 from $725.00, while maintaining a 'Buy' rating. The increased price target comes ahead of its July 30 Q2 earnings report. Based on the firm's pre-earnings buyside survey, Meta is the second-ranked long idea into earnings, with 27% of 105 respondents selecting it. Meanwhile, only 10% ranked the stock as a short idea, which positioned it ninth in the said category. A foreign investor glancing across a cluttered desk, looking out a window at the city skyline. Intra-quarter ad checks from the firm reveal how it is evident that demand for Direct Response ads is robust, fueled by progress on Advantage+. Moreover, the firm is also confident that the overall magnitude of opportunity and competitive intensity is such for Meta that it will continue to pursue AI growth and the 'aggressiveness in investment' that comes with it. Guggenheim further noted how it is probable that Meta's commitment to AI investments will push 'further aggressiveness in investment.' Its buy-side survey showed that 95% of respondents forecast 2026 capital expenditures of $76 billion or higher, while the firm has a figure of $82 billion now. While we acknowledge the potential of META as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
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Is AI causing tech worker layoffs? That's what CEOs suggest, but the reality is complicated
If you read the typical 2025 mass layoff notice from a tech industry CEO, you might think that artificial intelligence cost workers their jobs. The reality is more complicated, with companies trying to signal to Wall Street that they're making themselves more efficient as they prepare for broader changes wrought by AI. A new report Wednesday from career website Indeed says tech job postings in July were down 36% from their early 2020 levels, with AI one but not the most obvious factor in stalling a rebound. ChatGPT's debut in late 2022 also corresponded with the end of a pandemic-era hiring binge, making it hard to isolate AI's role in the hiring doldrums that followed. 'We're kind of in this period where the tech job market is weak, but other areas of the job market have also cooled at a similar pace,' said Brendon Bernard, an economist at the Indeed Hiring Lab. 'Tech job postings have actually evolved pretty similarly to the rest of the economy, including relative to job postings where there really isn't that much exposure to AI.' The template for tech CEO layoff notices in 2025 includes an AI pivot That nuance is not always clear from the last six months of tech layoff emails, which often include a nod to AI in addition to expressions of sympathy. When he announced mass layoffs earlier this year, Workday CEO Carl Eschenbach invited employees to consider the bigger picture: 'Companies everywhere are reimagining how work gets done, and the increasing demand for AI has the potential to drive a new era of growth for Workday." Autodesk CEO Andrew Anagnost explained that a need to shift resources to 'accelerate investments' in AI was one of the reasons the company had to cut 1,350, or about 9%, of workers. The 'Why We're Doing This' section of CrowdStrike CEO George Kurtz's announcement of 5% job cuts said the cybersecurity company needed to double down on AI investments to 'accelerate execution and efficiency.' 'AI flattens our hiring curve, and helps us innovate from idea to product faster,' Kurtz wrote. It's not just U.S. companies. In India, tech giant Tata Consultancy Services recently characterized its 12,000 layoffs, or 2% of its workforce, as part of a shift to a 'Future-Ready organization' that would be realigning its workforce and 'deploying AI at scale for our clients and ourselves.' Even the Japanese parent company of Indeed and Glassdoor has cited an AI shift in its notice of 1,300 layoffs at the job search and workplace review sites. AI spending, not replacement, is a more common factor Microsoft, which is scheduled to release its fourth-quarter earnings Wednesday, has announced layoffs of about 15,000 workers this year even as its profits have soared. Microsoft CEO Satya Nadella told employees last week the layoffs were 'weighing heavily' on him but also positioned them as an opportunity to reimagine the company's mission for an AI era. Promises of a leaner approach have been welcomed on Wall Street, especially from tech giants that are trying to justify huge amounts of capital spending to pay for the data centers, chips and other components required to power AI technology. 'It's this sort of double-edged sword restructuring that I think a lot of tech giants are encountering in this age of AI, where they have to find the right balance between maintaining an appropriate headcount, but also allowing artificial intelligence to come to the forefront,' said Bryan Hayes, a strategist at Zacks Investment Research. Google said last week it would raise its budget for capital expenditures by an additional $10 billion to $85 billion. Microsoft is expected to outline similar guidance soon. The role of AI in job replacement is hard to track One thing is clear to Hayes: Microsoft's job cuts improve its profit margin outlook for the 2026 fiscal year that started in July. But what these broader tech industry layoffs mean for the employment prospects of tech workers can be harder to gauge. 'Will AI replace some of these jobs? Absolutely,' said Hayes. 'But it's also going to create a lot of jobs. Employees that are able to leverage artificial intelligence and help the companies innovate, and create new products and services, are going to be the ones that are in high demand.' He pointed to Meta Platforms, the parent company of Facebook and Instagram, which is on a spree of offering lucrative packages to recruit elite AI scientists from competitors such as OpenAI. The reports published by Indeed on Wednesday show that AI specialists are faring better than standard software engineers, but even those jobs are not where they have been. 'Machine-learning engineers — which is kind of the canonical AI job — those job postings are still noticeably above where they were pre-pandemic, though they've actually come down compared to their 2022 peak,' said Bernard, the Indeed economist. 'They've also been impacted by the cyclical ups and downs of the sector.' Economists are watching for AI's effects on entry-level tech jobs Tech hiring has particularly plunged in AI hubs such as the San Francisco Bay Area, as well as Boston and Seattle, according to Indeed. But in looking more closely at which tech workers were least likely to get hired, Indeed found the deepest impact on entry-level jobs in the tech industry, with those with at least five years of experience faring better. The hiring declines were sharpest in entry-level tech industry jobs that involve marketing, administrative assistance and human resources, which all involve tasks that overlap with the strength of the latest generative AI tools that can help create documents and images. 'The plunge in tech hiring started before the new AI age, but the shifting experience requirements is something that happened a bit more recently,' Bernard said. Matt O'brien, The Associated Press Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
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Parvis Invest Engages Integral Wealth Securities to Enhance Market Support and Liquidity on TSXV
Vancouver, British Columbia--(Newsfile Corp. - July 30, 2025) - Parvis Invest Inc. (TSXV: PVIS) ("Parvis" or "the Company"), a technology-driven investment platform and licensed exempt market dealer in all provinces of Canada, is pleased to announce that, subject to TSX Venture Exchange ("TSXV") approval, it has engaged Integral Wealth Securities Limited ("Integral") to provide market support services in accordance with Policy 3.4 – Investor Relations, Promotional and Market-Making Activities of TSX Venture Exchange. Integral will assist with shareholder communications and market awareness initiatives with the objective of enhancing the liquidity and visibility of the Company's common shares. "Engaging Integral represents a thoughtful step in expanding Parvis' public market presence and improving share liquidity," said David Michaud, CEO of Parvis. "We're focused on increasing investor visibility while delivering on our capital markets roadmap." This engagement aligns with Parvis' broader strategy to scale investor participation and improve capital markets access. The Company and Integral will coordinate a series of announcements over the coming months, including updates related to investment opportunities, issuer growth, and strategic hires, designed to support public market presence and investor engagement. Under the terms of the agreement, Integral will receive CAD $6,000 per month, payable in advance. The agreement is for a 12-month term, effective August 1, 2025, and may be terminated by either party with 30 days' notice. Integral and the Company are unrelated and unaffiliated entities, and as of the date of the agreement, neither Integral nor its principals hold any direct or indirect interest in the securities of the Company. About Integral Integral Wealth Securities Limited is a Canadian investment dealer and member of the Investment Industry Regulatory Organization of Canada (IIROC). With offices across the country, Integral provides a full suite of capital markets services, including institutional sales and trading, investment banking, research, and market-making. The firm specializes in supporting small- and mid-cap public companies through liquidity solutions and strategic capital markets advisory. About the Company Parvis is a technology-driven investment platform dedicated to democratizing access to institutional-quality opportunities. Utilizing AI and blockchain technology, Parvis streamlines the investment process, making it more accessible and efficient. Headquartered in Vancouver, Parvis operates with experts in Toronto, Vancouver, Kelowna, and Montreal. For more information, visit and SEDAR+. For further information: David Michaud, CEO, Parvis Invest david@ 1-844-487-4866 For media inquiries, please contact:Katie Green, August Strategy katie@ Follow us on social media:Instagram: @ParvisInvestFacebook: ParvisInvestLinkedIn: Parvis Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. Disclaimer & Forward-Looking Statements This news release contains forward-looking statements and forward-looking information (collectively, "forward-looking statements") within the meaning of applicable securities laws. Any statements that are contained in this news release that are not statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements are often identified by terms such as "may", "should", "anticipate", "will", "estimates", "believes", "intends" "expects" and similar expressions which are intended to identify forward-looking statements. More particularly and without limitation, this news release contains forward-looking statements concerning the Agreement. Forward-looking statements are inherently uncertain, and the actual performance may be affected by a number of material factors, assumptions and expectations, many of which are beyond the control of the Company, including expectations and assumptions concerning the Company. Readers are cautioned that assumptions used in the preparation of any forward-looking statements may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted as a result of numerous known and unknown risks, uncertainties and other factors, many of which are beyond the control of the Company. Readers are further cautioned not to place undue reliance on any forward-looking statements, as such information, although considered reasonable by the management of the Company at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. The forward-looking statements contained in this news release are made as of the date of this news release, and are expressly qualified by the foregoing cautionary statement. Except as expressly required by securities law, the Company does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise. To view the source version of this press release, please visit Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
