Dan Niles: Meta's Boring 12% Year Is Exactly Why It's Set to Re-Rate
Meta spent over $130 billion on infrastructure with nothing to show investors beyond ad revenue, until two new products shipped this month and changed the conversation entirely.
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Meta spent over $130 billion on infrastructure with nothing to show investors beyond ad revenue, until two new products shipped this month and changed the conversation entirely.
OpenAI's Sam Altman and Anthropic's Dario Amodei are expected to address the UN Security Council this week. Hugging Face CEO Clément Delangue is also expected to speak.
The Gabelli Utility Trust is a diversified, closed-end management investment company whose primary objectives are long-term growth of capital and income. During the first half of 2026, the S&P 500 Utilities Index gained 7.7%, compared with 10.2% for the S&P 500 and 12.8% for the NASDAQ. Despite recent volatility, the fundamental outlook for utilities remains strong.
XRP has sharply risen above the crucial $1.50 level as its heavy exchange activity continues to drive renewed momentum, setting a new price target for the asset around $1.80.
USD/JPY Price Forecast: Recovery stalls below key moving averages
Bitcoin (CRYPTO: BTC) bull and billionaire Tim Draper urged major companies including Apple (NASDAQ:AAPL) and Meta Platforms (NASDAQ:META) to hold Bitcoin on their balance sheets. He argued that persistent government spending exposes corporate cash to inflation and higher interest rates.
Crypto market value has reclaimed $3 trillion as Bitcoin nears $87K, ETF inflows return and short liquidations accelerate the rally.
Cardano officially joined the x402 payment standard on September 21, letting applications and autonomous AI agents pay for online services directly in ADA.
A Bitcoin address that remained inactive for 14.2 years moved 600 BTC, equivalent to approximately $51.15 million at the current BTC price, according to onchain data recorded by Whale Alert.
The reasons behind the latest rebound suggest this may be more than a relief rally.
Torsten Sløk, partner and chief economist at Apollo Global Management, tells Brian Sozzi the AI payoff has not reached the rest of the market: "We gotta see higher profit margins outside the tech sector. We gotta see higher EBITDA outside the tech sector and that's just not happening yet.
The S&P 500's September 21 rally appears driven by heavy options activity, not fundamental strength. Implied volatility measures like VIX remain low, limiting the mechanical energy for further market gains.
Saudi oil giant Aramco plans to reorganise its business to create a new gas division with an eye on possible listings of business units in the future to raise capital, two sources with knowledge of the matter told Reuters.
Viking Therapeutics is developing VK2735, a GLP-1/GIP drug that could compete with Eli Lilly's Zepbound. Its stock is soaring.
ASX's $10.5 billion CapEx plan aims to expand capacity for surging AI demand, but heavy spending brings cash flow and execution risks.