Loop Capital sees this 'Magnificent Seven' stock gaining more than 30%
There could be even more upside in store for Meta Platforms following its latest quarterly results, according to Loop Capital. The firm reiterated its buy rating on the Facebook owner and hiked its price target to $888, which reflects about 38% upside from Thursday's closing level. "While our pre-quarter checks had pointed to resilience, our expectation that a drop in spending intensity from China-based advertisers would flatten revenue growth was a misread," analyst Rob Sanderson wrote in a Thursday note. "This large spending cohort has backed off (with some geographic reallocation) but AI-driven performance gains across the platform are more than an offset." "We continue to see Meta as the best non-hardware example of tangible, right-now beneficiary of AI and think the stock will outperform the 'mag-7' peer group this year," the analyst continued. "Despite a meaningful valuation disparity, we still encourage long-term growth managers to move away from Google and into Meta." META 1M mountain META, 1-month This comes as Meta shares have jumped more than 17% month to date on a better-than-expected report for the first quarter . The move higher puts Meta's year-to-date gain at about 10%. Meta also increased its capital expenditures outlook for 2025 to reflect more investments in data centers for artificial intelligence. While Sanderson noted that the company's core AI investments have been constrained by capacity as of late, he noted that new AI datacenter capacity has begun coming online. "While core AI is already delivering measurable results, management views this as an early-stage opportunity with a multi-year roadmap to further enhance system performance," the analyst wrote. "Massive infrastructure investments, larger than any hyperscale build for internal consumption, is allowing Meta to extend its competitive advantage over smaller rivals." Most analysts on Wall Street hold a similarly bullish view on Meta. LSEG data shows that 64 of 72 have given the stock a strong buy or buy rating. Only six have a hold rating. Meta has an average target of about $703, implying more than 9% upside potential.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Fox News
an hour ago
- Fox News
How to tell if a login alert is real or a scam
Online scams thrive on the urgency and fear of their victims. If you've ever been a victim of a scam, you'd know that bad actors often try to rush you into taking action by creating a sense of fear. A scammer may call you impersonating a government agency and claim your Social Security number has been linked to drug trafficking. A phishing email might ask you to update your tax details or claim you've won a lottery or a free product, all to get you to click a malicious link. A more effective tactic scammers use is sending fake login alerts. These are warnings that someone has logged into your account, prompting you to take immediate action. This method works well because legitimate services like Google, Apple, Netflix and Facebook also send these types of notifications when someone, including you, logs in from a new device. It can be tricky to tell the difference. As Robert from Danville asks, "I constantly get in my spam junk folder emails saying 'someone has logged into your account.' Is this spam? legitimate? concerning? How do I know? How to avoid wasting time checking? How do I check?" Thanks for writing to us, Robert. I completely understand how tricky it can be to figure out whether these messages are legitimate or just another scam attempt. Let's break down what these urgent warnings usually look like and go over a few ways you can stay safe. Scammers often pose as login alerts from Google, Apple, Meta or even your bank, complete with official-looking logos, because fear is effective. But not every alert is a scam. In many cases, these notifications are legitimate and can help you detect unauthorized access to your accounts. Let's focus on the scam side first. Login alert scams have been around for a while. Early reports date back to 2021, and the trend has persisted since then. In 2022, reports surfaced that scammers were impersonating Meta and sending phishing emails to users. One such email used a clean layout with minimal text. It avoided the usual scare tactics and stuck to a simple message. But that is not always the case. A common red flag in phishing attempts is the tendency to overload the email with unnecessary details. These messages often include cluttered formatting, excessive explanations and an increasing number of typos or design errors. One phishing email simply gets to the point: Someone tried to Iog into Your Account, User lD A user just logged into your Facebook account from a new device Samsung S21. We are sending you this email to verify it's really you. Thanks, The Facebook Team What's concerning now is that poor grammar is no longer a reliable sign of a scam. Thanks to AI, even those with limited English skills can write emails that sound polished and professional. As a result, many phishing messages today read just like legitimate emails from trusted companies. Receiving a phishing email is not the real issue. The real problem starts when you click on it. Most of these emails contain links that lead to fake login pages, designed to look exactly like platforms such as Facebook, Google or your bank. If you enter your credentials there, they go directly to the scammer. In some cases, simply clicking the link can trigger a malware download, especially if your browser is outdated or your device lacks proper security. Once inside, attackers can steal personal information, monitor your activity or take control of your accounts. Real login notifications do exist; they're just much less scary. A genuine alert from Google, Apple or Microsoft will come from an official address (for example, no-reply@ or security@ and use consistent branding. The tone is factual and helpful. For instance, a legit Google security alert might say, "We detected a login from a new sign-in to your Google Account on a Pixel 6 Pro device. If this was you, you don't need to do anything. If not, we'll help you secure your account." It may include a "Check activity" button, but that link always redirects to a address, and it won't prompt you to reenter your password via the email link. Similarly, Apple notes it will never ask for passwords or verification codes via email. 1. Don't click any links or attachments and use strong antivirus software: Instead, manually log in to the real site (or open the official app) by typing the URL or using a bookmarked link. This guarantees you're not walking into a scammer's trap. The FTC recommends this: if you have an account with that company, contact them via the website or phone number you know is real, not the info in the email. The best way to safeguard yourself from malicious links that install malware, potentially accessing your private information, is to have antivirus software installed on all your devices. This protection can also alert you to phishing emails and ransomware scams, keeping your personal information and digital assets safe. Get my picks for the best 2025 antivirus protection winners for your Windows, Mac, Android and iOS devices. 2. Remove your data from the internet: Scammers are able to send you targeted messages because your data, like your email address or phone number, is already out there. This often happens due to past data breaches and shady data brokers. A data removal service can help clean up your digital trail by removing your information from public databases and people-search sites. It's not a quick fix, but over time, it reduces how easily scammers can find and target you. While no service can guarantee the complete removal of your data from the internet, a data removal service is really a smart choice. They aren't cheap, and neither is your privacy. These services do all the work for you by actively monitoring and systematically erasing your personal information from hundreds of websites. It's what gives me peace of mind and has proven to be the most effective way to erase your personal data from the internet. By limiting the information available, you reduce the risk of scammers cross-referencing data from breaches with information they might find on the dark web, making it harder for them to target you. Check out my top picks for data removal services here. Get a free scan to find out if your personal information is already out on the web. 3. Check your account activity: Go to your account's security or sign-in page. Services like Gmail, iCloud or your bank let you review recent logins and devices. If you see nothing unusual, you're safe. If you do find a strange login, follow the site's process (usually changing your password and logging out all devices). Even if you don't find anything odd, change your password as a precaution. Do it through the official site or app, not the email. Consider using a password manager to generate and store complex passwords. 4. Enable two-factor authentication (2FA): This is your best backup. With 2FA enabled, even if someone has your password, they can't gain access without your phone and an additional second factor. Both Google and Apple make 2FA easy and say it "makes it harder for scammers" to hijack your account. 5. Report suspicious emails: If you receive a suspicious email claiming to be from a specific organization, report it to that organization's official support or security team so they can take appropriate action. You shouldn't have to vet every sketchy email. In fact, your email's spam filters catch most phishing attempts for you. Keep them enabled, and make sure your software is up to date so that malicious sites and attachments are blocked. Still, the most powerful filter is your own awareness. You're definitely not alone in this. People receive these spammy login scares every day. By keeping a cool head and following the steps above, you're already ahead of the game. Have you ever encountered a suspicious email or phishing attempt? How did you handle it, and what did you learn from the experience? Let us know by writing us at For more of my tech tips and security alerts, subscribe to my free CyberGuy Report Newsletter by heading to Follow Kurt on his social channels Answers to the most asked CyberGuy questions: New from Kurt: Copyright 2025 All rights reserved.
Yahoo
an hour ago
- Yahoo
Xinhua Silk Road: RCEP accelerates regional development and boosts local cooperation, official
BEIJING, June 8, 2025 /PRNewswire/ -- The Regional Comprehensive Economic Partnership (RCEP) has not only become an "accelerator" and "stabilizer" for regional development but also brought unprecedented opportunities for local cooperation, Shi Zhongjun, secretary-general of the ASEAN-China Centre (ACC), said in a recent interview at the sidelines of the 2025 RCEP Local Governments and Friendship Cities Cooperation (Huangshan) Forum held on June 5 in Huangshan City, east China's Anhui Province. In this regard, Anhui Province boasts evident advantages in fields such as green economy and digital economy development, with strong accumulation of technical expertise that matches the development needs of Southeast Asian countries, Shi noted, mentioning strong willingness expressed by Southeast Asian countries during the event to strengthen cooperation with Anhui in the fields such as new energy industries and talent cultivation. The implementation of RCEP has greatly enhanced trade facilitation within the region. Also, more detailed and transparent investment rules have deepened the liberalization of investment, creating vast opportunities for mutual investment, Shi noted, highlighting RCEP's role in strengthening the resilience and connectivity of regional industrial and supply chains amid global economic uncertainties and other challenges. Shi pointed out that RCEP also benefited cooperation among local governments. Through trade and investment facilitation measures, RCEP has directly boosted local economic and trade links and created opportunities for multi-level and wide-ranging exchanges and cooperation. Covering multiple dimensions such as education, science and technology, culture, and tourism, RCEP has built new platforms for local people-to-people exchanges. Shi emphasized that RCEP had played the key role of a regional economic "stabilizer" by deepening economic and trade cooperation, enhancing the resilience of industrial and supply chains, and expanding cooperation in emerging fields. The ACC will continue to be committed to promoting comprehensive and pragmatic cooperation while sharing new opportunities for regional prosperity and development, Shi said. Original link: View original content to download multimedia: SOURCE Xinhua Silk Road 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
Yahoo
an hour ago
- Yahoo
Wall Street Rises Amid Strong Jobs Report, Upcoming US-China Talks
Equity markets rallied Friday amid strong jobs data and optimism as the US and China prepared to hol
