Movement Alert｜Meta Platforms, Inc. Rises 3.02% in Regular Trading, Wall Street Maintains Buy Ratings After 20% Selloff as AI Commercialization Hopes Support Rebound

Market Focus08-03 22:03

On August 3, Meta Platforms, Inc. rose 3.02% in regular trading, trading at $589.67/share, with turnover of $36.13 billion. The stock extended its recovery following an 11-day consecutive decline that saw shares fall over 20%.

The rebound was supported by multiple Wall Street firms maintaining buy ratings despite lowering price targets. Loop Capital adjusted its target to $740 from $930, while Jefferies cut to $710 from $825, both retaining bullish outlooks. UBS highlighted that Meta's Business AI agents reached 1 million accounts within one month of launch, with monetization via charging set to begin in H2, potentially creating a new revenue stream with faster-than-typical ramp-up given the existing large account base.

The broader cloud computing sector rallied strongly, with CoreWeave up over 12%, Oracle up over 6%, and Microsoft, Amazon, and Alphabet each gaining over 5%, providing additional momentum. TrendForce forecasts global top-nine CSP capital expenditure will surge approximately 90% year-over-year in 2026 to over $886.7 billion, reinforcing AI infrastructure demand tailwinds.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1186170214?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-08-03 22:03","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1186170214","market":"us","top_or_hot":-1,"title":"Movement Alert｜Meta Platforms, Inc. Rises 3.02% in Regular Trading, Wall Street Maintains Buy Ratings After 20% Selloff as AI Commercialization Hopes Support Rebound","media":"Market Focus","content":"<p><p>On August 3, Meta Platforms, Inc. rose 3.02% in regular trading, trading at $589.67/share, with turnover of $36.13 billion. The stock extended its recovery following an 11-day consecutive decline that saw shares fall over 20%.</p><p>The rebound was supported by multiple Wall Street firms maintaining buy ratings despite lowering price targets. Loop Capital adjusted its target to $740 from $930, while Jefferies cut to $710 from $825, both retaining bullish outlooks. UBS highlighted that Meta's Business AI agents reached 1 million accounts within one month of launch, with monetization via charging set to begin in H2, potentially creating a new revenue stream with faster-than-typical ramp-up given the existing large account base.</p><p>The broader cloud computing sector rallied strongly, with CoreWeave up over 12%, Oracle up over 6%, and Microsoft, Amazon, and Alphabet each gaining over 5%, providing additional momentum. TrendForce forecasts global top-nine CSP capital expenditure will surge approximately 90% year-over-year in 2026 to over $886.7 billion, reinforcing AI infrastructure demand tailwinds.</p><p>(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)</p></p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Movement Alert｜Meta Platforms, Inc. Rises 3.02% in Regular Trading, Wall Street Maintains Buy Ratings After 20% Selloff as AI Commercialization Hopes Support Rebound</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMovement Alert｜Meta Platforms, Inc. Rises 3.02% in Regular Trading, Wall Street Maintains Buy Ratings After 20% Selloff as AI Commercialization Hopes Support Rebound\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1054767329\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/51943b2858f75e05ca2ebb144b4e626a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Market Focus </p>\n<p class=\"h-time\">2026-08-03 22:03</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p><p>On August 3, Meta Platforms, Inc. rose 3.02% in regular trading, trading at $589.67/share, with turnover of $36.13 billion. The stock extended its recovery following an 11-day consecutive decline that saw shares fall over 20%.</p><p>The rebound was supported by multiple Wall Street firms maintaining buy ratings despite lowering price targets. Loop Capital adjusted its target to $740 from $930, while Jefferies cut to $710 from $825, both retaining bullish outlooks. UBS highlighted that Meta's Business AI agents reached 1 million accounts within one month of launch, with monetization via charging set to begin in H2, potentially creating a new revenue stream with faster-than-typical ramp-up given the existing large account base.</p><p>The broader cloud computing sector rallied strongly, with CoreWeave up over 12%, Oracle up over 6%, and Microsoft, Amazon, and Alphabet each gaining over 5%, providing additional momentum. TrendForce forecasts global top-nine CSP capital expenditure will surge approximately 90% year-over-year in 2026 to over $886.7 billion, reinforcing AI infrastructure demand tailwinds.</p><p>(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)</p></p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"META","symbol_name":"Meta Platforms, Inc.","start_time":0,"source_url":"","article_id":"1186170214","we_media_id":"1054767329","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1186170214","pubTimestamp":1785765836,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Market Focus","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1054767329","head_image":"https://static.tigerbbs.com/51943b2858f75e05ca2ebb144b4e626a"},"summary":"On August 3, Meta Platforms, Inc. rose 3.02% in regular trading, trading at $589.67/share, with turnover of $36.13 billion. The stock extended its recovery following an 11-day consecutive decline...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"META":"Meta Platforms, Inc."},"translate_title":"走势警报|Meta Platforms, Inc. 常规交易中上涨 3.02%，华尔街在抛售 20% 后维持买入评级，人工智能商业化有望支撑反弹","themeId":null,"isJumpTheme":false,"ttsUrl":"https://static.tigerbbs.com/0577382ce9ecc030358a943d084c34fa","symbols_score_info":{"META":1},"content_text":"On August 3, Meta Platforms, Inc. rose 3.02% in regular trading, trading at $589.67/share, with turnover of $36.13 billion. The stock extended its recovery following an 11-day consecutive decline that saw shares fall over 20%.The rebound was supported by multiple Wall Street firms maintaining buy ratings despite lowering price targets. Loop Capital adjusted its target to $740 from $930, while Jefferies cut to $710 from $825, both retaining bullish outlooks. UBS highlighted that Meta's Business AI agents reached 1 million accounts within one month of launch, with monetization via charging set to begin in H2, potentially creating a new revenue stream with faster-than-typical ramp-up given the existing large account base.The broader cloud computing sector rallied strongly, with CoreWeave up over 12%, Oracle up over 6%, and Microsoft, Amazon, and Alphabet each gaining over 5%, providing additional momentum. TrendForce forecasts global top-nine CSP capital expenditure will surge approximately 90% year-over-year in 2026 to over $886.7 billion, reinforcing AI infrastructure demand tailwinds.(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.47.0","shortVersion":"4.47.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1186170214","isCrawlerRequest":true}