Meta Business Pulse

No significant updates today.

• Wells Fargo lowered its Meta price target to $765 from $770 while retaining an Overweight rating.
• Meta raised its 2026 capex guidance to $125-145...

Texas AG Ken Paxton is suing Meta and WhatsApp for falsely claiming end-to-end encryption protects user messages when employees and contractors could...

Meta's purchase of power from Enbridge's $1.2B Cowboy Project delivers 365 MW solar plus 1,600 MWh Tesla batteries to support Wyoming data centers,...

Meta's U.S. Supreme Court bid to block Vermont's Instagram lawsuit failed, allowing the case to advance in state court.

• Vermont claims: Instagram...

The FTC argues TikTok's growth is irrelevant to its monopoly claims against Meta, pushing back on the company's defense in a US appeals court filing. This underscores a tough antitrust battle ahead for the social media giant.

Meta partners with Enbridge on a $1.2 billion Wyoming solar and battery project to meet surging AI data center demand.

• Project specs: 365 MW solar...

Ireland's DPC urged a Norwegian complainant to settle his 2024 GDPR case against Meta's marketing data practices, despite EDPB rules against such...

Andrew “Boz” Bosworth, Zuckerberg’s lieutenant for 20+ years, now leads Meta’s push to become AI-first.

• Hard-charging style: Refused opt-outs on...

WhatsApp Product Updates

• Document Sharing with Meta AI: WhatsApp's Android beta now lets users share documents directly with Meta AI for...

WhatsApp is beta testing document sharing with Meta AI on Android, letting users send files for analysis directly in chats or from other apps. The...

Meta's Q1 update spotlighted AI infrastructure spending and Zuckerberg's remarks on self-improving models.

• He described coding as one part of a...

Meta's AI-native ad overhaul is systematically removing manual controls like targeting exclusions, forcing advertisers into deeper dependency on...

Meta aligns closely with Peter Lynch's GARP strategy for sustainable growth at reasonable prices.

• Growth metrics: 24.85% EPS growth over five years...

Meta's $650 million settlement under Illinois' biometric privacy law forced a full shutdown of facial recognition, deleting a billion face templates...

• Valuation Appeal: Meta posted 33% YoY revenue growth yet trades at a forward P/E of 19, below the S&P 500's 22.2, with expectations of closing the...

Meta's latest restructuring pairs 8,000 layoffs with aggressive AI investment, yet internal resistance to employee monitoring reveals the human...

Meta trades at just 22x trailing earnings as the cheapest Mag 7 name, despite 33% revenue growth in Q1 2026. The market's panic over AI capex may be overlooking the stock's severely mispriced fundamentals.

Meta reported Q1 2026 revenue of $56.311B (+33.08% YoY) and EPS of $10.44 (57% beat), with 3.56B daily active users, yet a troubling trend has now continued for three straight quarters.

• Meta is testing an AI version of Zuckerberg to communicate with employees, a low-risk move that could flatten corporate structure and speed...