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Meta Platforms, Inc.

Meta Platforms, Inc.

$META
NASDAQTechnology

401 stories mentioning Meta Platforms, Inc.Updated 19h ago

Meta is adding AI-powered search ('AI Mode') and new creative editing tools to Facebook, drawing on public posts across its apps.

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Wire

Update: Market Chatter: Meta Platforms, Google, Snap See Teen Dismiss Lawsuit Ahead of October Trial

(Updated with response from Google spokesperson in sixth paragraph.)Meta Platforms (META), Alphabet's (GOOGL) Google and Snap (SNAP) face one fewer teen social media addiction lawsuit after a 15-year-old New Jersey girl dropped her claims against the companies ahead of an October trial, Reuters reported Friday, citing a court filing.Reuters reported that the plaintiff, identified in court records as P. M-Y., had alleged that the companies' platforms contributed to her social media addiction, depression and self-harm.The companies said the claims were dismissed without payment, according to the report.Two other teen cases against the same companies remain set for October trials, while Meta, Google and Snap have denied the allegations and said they have measures in place to protect young users, Reuters added.In a statement emailed to, a Snap spokesperson said, "We remain focused on strengthening the safeguards, tools, and educational resources that support the safety, privacy, and well-being of all Snapchatters."Google spokesperson Jose Castaneda said, "The plaintiff voluntarily withdrew their claims against YouTube without payment, affirming our longstanding position that we provide safe, age-appropriate experiences and strong parental controls for young people and families."Meta Platforms didn't immediately respond to a request for comment by.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $549.95, Change: $+4.12, Percent Change: +0.75%

$GOOG$GOOGL$META$SNAP
Insider Trading

Meta Platforms Insider Sold Shares Worth $4,379,184, According to a Recent SEC Filing

Andrew Bosworth, Chief Technology Officer, on August 18, 2026, sold 7,848 shares in Meta Platforms (META) for $4,379,184. Following the Form 4 filing with the SEC, Bosworth has control over a total of 69,998 Class A common shares of the company, with 828 shares held directly and 69,170 controlled indirectly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1326801/000095010326012726/xslF345X05/ownership.xml

$META
Insider Trading

Meta Platforms Insider Sold Shares Worth $5,063,389, According to a Recent SEC Filing

Susan J Li, Chief Financial Officer, on August 18, 2026, sold 9,196 shares in Meta Platforms (META) for $5,063,389. Following the Form 4 filing with the SEC, Li has control over a total of 13,186 Class A common shares of the company, with 13,186 controlled indirectly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1326801/000095010326012727/xslF345X05/ownership.xml

$META
Sectors

Sector Update: Tech Stocks Decline Late Afternoon

Tech stocks were lower late Thursday afternoon, with the State Street Technology Select Sector SPDR ETF (XLK) decreasing 0.2% and the State Street SPDR S&P Semiconductor ETF (XSD) falling 1.5%.The Philadelphia Semiconductor Index increased 0.3%.In corporate news, Amazon-backed (AMZN) Anthropic expects to equal or top SpaceX's (SPCX) outsized initial public offering, Bloomberg reported. The AI company is preparing to file publicly for its IPO as soon as the end of this month that it thinks may surpass SpaceX's record-setting $75 billion debut, the report said. Amazon shares were down 1.8%.Nvidia (NVDA) plans to start shipping small batches of an AI chip tailor-made for Chinese customers by yearend, The Information reported. The chip complies with US export control rules, but it's unknown whether China will allow them to be imported, the report said. Nvidia shares were shedding 0.2%.CrowdStrike's (CRWD) global Chief Technology Officer Elia Zaitsev has stepped down from his role to launch an early-stage venture capital fund focused on cybersecurity, Zaitsev said Thursday in a LinkedIn post. CrowdStrike shares fell 5.4%.Meta Platforms (META) has become one of Microsoft's (MSFT) largest AI customers, as the social media company is spending hundreds of millions of dollars per year to access AI models via Microsoft's Azure cloud service, Bloomberg reported. Meta shares were down 0.5%, and Microsoft decreased 0.3%.

$AMZN$CRWD$META$MSFT$NVDA
Sectors

Sector Update: Tech Stocks Decline Thursday Afternoon

Tech stocks were lower Thursday afternoon, with the State Street Technology Select Sector SPDR ETF (XLK) decreasing 0.2% and the State Street SPDR S&P Semiconductor ETF (XSD) falling 1.5%.The Philadelphia Semiconductor index increased 0.1%.In sector news, Australia has passed a law ordering Meta Platforms' (META) Facebook and Instagram, Alphabet's (GOOGL) Google, Microsoft's (MSFT) LinkedIn and ByteDance's TikTok to pay millions of dollars if they don't forge commercial deals with media outlets for posting news on their platforms, Reuters reported.In corporate news, Meta Platforms has become one of Microsoft's largest AI customers, as the social media company is spending hundreds of millions of dollars per year to access AI models via Microsoft's Azure cloud service, Bloomberg reported. Meta shares were down 0.8%, and Microsoft decreased 0.3%.Alibaba's (BABA) fiscal Q1 earnings missed expectations even as revenue edged past Wall Street's views, while the company continued to spend heavily to build AI infrastructure. Alibaba shares were down 0.1%.SpaceX (SPCX) approached Cognition AI about a potential takeover, Bloomberg reported. There are currently no active deal talks between SpaceX and the AI coding startup, but they continue to discuss a potential partnership, the report said. SpaceX shares were down 6.5%.Micron Technology (MU) on Thursday unveiled Micron Research Labs, a research institution in Boise, Idaho, backed by a planned $10 billion investment over the next decade. Micron shares rose 2%.

$BABA$META$MSFT$MU$SPCX
Wire

Update: Market Chatter: Meta has Become One of Microsoft's Biggest AI Customers

(Updates with Microsoft's response to a request for comment in the final paragraph.)Meta Platforms Inc (META) has become one of Microsoft's (MSFT) largest artificial intelligence customers, as the social media company is spending hundreds of millions of dollars per year to access AI models through Microsoft's Azure cloud service, Bloomberg reported Thursday, citing a person familiar with the matter.The person reportedly said that Meta uses trillions of tokens -- the unit of consumption for AI computing -- each week via the platform.Microsoft declined to comment to. Meta didn't immediately reply to a request for comment from.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $542.18, Change: $-3.86, Percent Change: -0.71%

$META$MSFT
Wire

Update: Meta Glasses, Other Wearable Devices Restricted in UK Cinemas Over Piracy Concerns

(Updates with Meta Platforms' comments in the fourth and fifth paragraphs.)Meta Platforms' (META) smart glasses and other wearable devices are being restricted or prohibited by "many" UK cinema operators over film piracy and privacy concerns, the UK Cinema Association said Thursday.The association said many cinema operators are "introducing policies to prohibit and/or restrict the wearing of camera-enabled smart glasses" in their venues in response to reports on privacy issues around the use of these devices.The group said its members are aware of the benefits provided by smart glasses and other wearable technology, but are also "mindful of the issues around privacy and film piracy."A Meta spokesperson toldthat the company's smart glasses "provide critical new technology for people in the blind and low vision community and limiting how people can use this technology would be a major step backwards.""Naturally some places shouldn't be filmed at all and that's reasonable but rules should be applied consistently. Our glasses have a light that turns on to let people know when a photo or video is taken, something smartphones and other cameras don't have," the Meta spokesperson said.Price: $543.72, Change: $-2.31, Percent Change: -0.42%

$META
Wire

Top Midday Stories: Treasury Yields Back on the Rise; Walmart Shares Fall After Full-Year EPS Guidance Undershoots Estimates

All three major US stock indexes were down in late-morning trading Thursday, as yields on Treasury bonds reversed course from their Wednesday drop following the Treasury's debt buyback announcement.In company news, Walmart (WMT) reported fiscal Q2 adjusted earnings Thursday of $0.81 per share, up from $0.68 a year earlier and above the FactSet consensus analyst estimate of $0.74. Fiscal Q2 revenue was $187.94 billion, up from $177.40 billion a year ago and above the FactSet consensus of $186.62 billion. For fiscal Q3, the company expects adjusted EPS of $0.62 to $0.64, below the FactSet consensus of $0.68. For fiscal 2027, Walmart expects adjusted EPS of $2.80 to $2.87, up from its prior outlook of $2.75 to $2.85 but below the FactSet consensus of $2.90. Full-year net sales are expected to grow 4% to 5%, compared with previous guidance of 3.5% to 4.5%. Walmart shares were down 9.4% around midday.Virtu Financial (VIRT) is exploring a potential sale of its brokerage and technology unit in a deal that could be worth up to $3.5 billion to $4 billion, Bloomberg reported Thursday, citing a person familiar with the matter. Sale talks are in early stages, and Virtu may decide to keep the division, the sources said. Virtu shares were down 0.6%.Meta Platforms (META) has become one of Microsoft's (MSFT) largest artificial intelligence customers, as the social media company is spending hundreds of millions of dollars per year to access AI models through Microsoft's Azure cloud service, Bloomberg reported Thursday, citing a person familiar with the matter. Meta shares were down 0.4%, while Microsoft shares were down 0.7%.Alibaba Group (BABA) reported fiscal Q1 non-GAAP earnings Thursday of 8.52 Chinese renminbi ($1.26) per diluted American depositary share, down from 14.75 renminbi a year earlier and below the FactSet consensus of 10.14 renminbi. Fiscal Q1 revenue was 268.95 billion renminbi, up from 247.65 billion renminbi a year ago and above the FactSet consensus of 268.48 billion renminbi. Alibaba shares were down 2.1%.SpaceX (SPCX) approached Cognition AI about a potential acquisition, Bloomberg reported late Wednesday, citing people familiar with the matter. There are currently no active deal talks between SpaceX and the AI coding startup, but they continue to discuss a potential collaboration, the report said. SpaceX shares were down 5.3%.Micron Technology (MU) on Thursday unveiled Micron Research Labs, a research institution in Boise, Idaho, backed by a planned $10 billion investment over the next decade. The facility will focus on critical memory technologies, advanced memory and compute architectures, packaging and future semiconductor manufacturing, Micron said, adding that it plans to begin construction in 2027. Micron shares were up 2.2%.Price: $103.61, Change: $-10.69, Percent Change: -9.35%

$BABA$META$MSFT$MU$SPCX$VIRT$WMT
Wire

Meta Glasses, Other Wearable Devices Restricted in UK Cinemas Over Piracy Concerns

Meta Platforms' (META) smart glasses and other wearable devices are being restricted or prohibited by "many" UK cinema operators over film piracy and privacy concerns, the UK Cinema Association said Thursday.The association said many cinema operators are "introducing policies to prohibit and/or restrict the wearing of camera-enabled smart glasses" in their venues in response to reports on privacy issues around the use of these devices.The group said its members are aware of the benefits provided by smart glasses and other wearable technology, but are also "mindful of the issues around privacy and film piracy."Meta didn't immediately respond to a request for comment by.Price: $545.84, Change: $-0.19, Percent Change: -0.03%

$META
Equities

Social Buzz: Wallstreetbets Stocks Mixed Premarket Wednesday; Nebius Group, Sandisk to Decline

The most-talked-about stocks in the Reddit subforum Wallstreetbets were mixed hours before Wednesday's opening bell.DTE Energy (DTE) was 0.5% higher premarket, swinging from a 0.7% fall at Tuesday's close.Nike (NKE) advanced by 0.4% in pre-bell hours, following a 2.5% increase at Tuesday's close.Nvidia (NVDA) was 0.3% higher pre-bell, after a 2.3% decline from Tuesday's session.Meta Platforms (META) was up 0.3% in premarket activity, swinging from a 4.5% decline at Tuesday's close.Nebius Group (NBIS) fell by 2.4% premarket, following a 7.6% fall from the previous session.Sandisk (SNDK) was 0.9% lower pre-bell, after a 9% decline at Tuesday's close.Micron Technology (MU) was down 0.9% hours before market open, following a 7% fall from the previous session.Reddit (RDDT) declined by 0.5% premarket, after closing Tuesday with a 3.8% fall.

$DTE$META$MU$NBIS$NKE$NVDA$RDDT$SNDK
Update: Equities Fall For Third Day as Oil Stretches Gains Amid Middle East Anxiety
US Markets

Update: Equities Fall For Third Day as Oil Stretches Gains Amid Middle East Anxiety

(Updates with market moves at the end of the day, and other changes, if any.)US stocks fell for a third straight session on Tuesday and oil prices continued to advance as Middle East developments kept traders on edge.The Nasdaq Composite tumbled 1.3% to close at 26,289.71, while the S&P 500 lost 0.7% to 7,691.76. The Dow Jones Industrial Average edged down 0.2% to 53,343.40. Most sectors were in the red, led by technology, while energy paced the gainers.West Texas Intermediate crude oil rose 0.6% to $85 a barrel, while Brent added 0.1% to $90.99. Both benchmarks were on track for their third consecutive day of gains.President Donald Trump said Tuesday that the US is not in talks with Iran, a day after a 60-day ceasefire between the two countries expired.Trump claimed that the Strait of Hormuz was "open and operating."Iran's top negotiator, Mohammad Bagher Ghalibaf, said Tuesday that the Strait of Hormuz will remain shut until the US meets the conditions of the interim deal signed in June, Reuters reported, citing state media.US Treasury yields were lower, with the 10-year yield falling 1.6 basis points to 4.71% and the two-year yield down 0.7 basis point at 4.18%.Meta Platforms (META) shares slumped nearly 4.5% as a social media addiction trial brought by 29 states got underway.Targa Resources (TRGP) jumped 7.1%, the best performer on the S&P 500. Late Monday, the company said it struck new 20-year fee-based, midstream agreements to support ExxonMobil's (XOM) development of its Permian Basin acreage. ExxonMobil rose 2.5%.Amer Sports (AS) lifted its full-year outlook as the Finnish sports equipment company reported second-quarter results above market estimates, buoyed by double-digit revenue growth across all of its segments. The stock rose 3.2%.US housing starts fell more than expected in July amid declines in both single and multi-family units, while building permits jumped to a five-month high, government data showed Tuesday.US pending home sales dropped 2.3% sequentially in July, data from the National Association of Realtors showed, while consensus was for sales to be flat in a survey compiled by Bloomberg.US industrial production increased less than expected in July as manufacturing growth decelerated, Federal Reserve data showed.Spot gold fell 1.6% to $4,343.38 per troy ounce, while silver shed 3.9% to $63.66 per ounce.

Dow JonesNasdaq CompositeS&P 500$AS$META$TRGP$XOM
Sectors

Sector Update: Tech Stocks Fall Late Afternoon

Tech stocks were lower late Tuesday afternoon, with the State Street Technology Select Sector SPDR ETF (XLK) falling 2.6% and the State Street SPDR S&P Semiconductor ETF (XSD) dropping 6.3%.The Philadelphia Semiconductor index shed 5.5%.In corporate news, Meta Platforms (META) shares were falling 4.2% as a social media addition trial brought by 29 US states got underway.Nvidia (NVDA) talent is being recruited by Etched, with about 15% of the AI startup's 400 employees having previously worked at Nvidia, The Wall Street Journal reported. Nvidia shares were down 2.6%.Alphabet's (GOOGL) Google has informed suppliers it plans to have its Pixel smartphones, watches and Bluetooth earbuds made outside of China starting next year, Nikkei Asia reported. The move comes amid continuing tension between the US and China, the report said. Alphabet shares were fractionally higher.Baidu (BIDU) reported lower-than-expected Q2 results on Tuesday amid weakness in its online marketing business, even though it recorded double-digit growth in its core AI-powered operations. Its shares dropped 12%.

$BIDU$GOOGL$META$NVDA
Sectors

Sector Update: Tech

Tech stocks were lower late Tuesday afternoon, with the State Street Technology Select Sector SPDR ETF (XLK) falling 2.6% and the State Street SPDR S&P Semiconductor ETF (XSD) dropping 6.3%.The Philadelphia Semiconductor index shed 5.5%.In corporate news, Meta Platforms (META) shares were falling 4.3% as a social media addition trial brought by 29 US states got underway.

$META
Wire

Meta Sought to Make Children Addicted to Facebook, Instagram, States Reportedly Allege at Trial

Meta Platforms (META) intentionally sought to make children addicted to Facebook and Instagram in order to drive up advertising revenue, a lawyer for California said Tuesday at the start of a trial in which 29 states are suing the social media giant, according to media reports.Meta didn't immediately reply to a request for comment from.Price: $547.93, Change: $-21.04, Percent Change: -3.70%

$META
Update: Equities Fall, Oil Rises as Trump Says US Not in Talks With Iran
US Markets

Update: Equities Fall, Oil Rises as Trump Says US Not in Talks With Iran

(Updates with latest market prices and developments.)US stocks were lower intraday and oil prices rose as President Donald Trump said Washington is not in talks with Iran, a day after a ceasefire between the two countries expired.The Nasdaq Composite was down 1.1% at 26,341.7 after midday Tuesday, while the S&P 500 fell 0.5% to 7,703.3. The Dow Jones Industrial Average edged down 0.1% to 53,382.7. Among sectors, technology saw the steepest decline, while healthcare paced the gainers.West Texas Intermediate crude oil rose 0.7% to $85.10 a barrel, while Brent climbed 0.4% to $91.21."There are no talks or conversations going on, or scheduled, with the Islamic Republic of Iran," Trump said Tuesday in a social media post. "The naval blockade remains in full force and effect."A 60-day ceasefire agreement between the US and Iran expired on Monday, with no signs of further negotiations.Trump claimed that the Strait of Hormuz was "open and operating."Iran's top negotiator, Mohammad Bagher Ghalibaf, said Tuesday that the Strait of Hormuz will remain shut until the US meets the conditions of the interim deal signed in June, Reuters reported, citing state media.US Treasury yields were lower intraday, with the 10-year yield falling 1.4 basis points to 4.71% and the two-year yield down 0.9 basis point to 4.17%.In company news, Meta Platforms (META) was down 3.2% as a social media addition trial brought by 29 states got underway.Amer Sports (AS) lifted its full-year outlook as the Finnish sports equipment company reported second-quarter results above market estimates, buoyed by double-digit revenue growth across all of its segments. The stock rose 2.4%.In economic news, US housing starts fell more than expected in July amid declines in both single and multi-family units, while building permits jumped to a five-month high, government data showed Tuesday.US pending home sales dropped 2.3% sequentially in July, data from the National Association of Realtors showed, while consensus was for sales to be flat in a survey compiled by Bloomberg.Spot gold fell 1.1% to $4,366.04 per troy ounce, while silver shed 3.3% to $64.05 per ounce.

Dow JonesNasdaq CompositeS&P 500$AS$META
Stocks Fall Pre-Bell as Hopes for Near-Term US-Iran Peace Deal Fade
US Markets

Stocks Fall Pre-Bell as Hopes for Near-Term US-Iran Peace Deal Fade

US equity futures were tracking in the red on Tuesday amid fading hopes for a US-Iran peace deal, as a temporary ceasefire between the two countries expired without an extension.The S&P 500 declined 0.6%, the Dow Jones Industrial Average edged down 0.1% and the Nasdaq fell 1.3% in premarket activity. The indexes finished the previous trading session lower.A 60-day ceasefire agreement between the US and Iran signed in June expired on Monday, with no immediate signs of renewed negotiations. The two countries agreed to the memorandum of understanding to end their war and negotiate a final deal, but the truce collapsed as tensions over the control of the Strait of Hormuz escalated.President Donald Trump told Fox News in an interview on Monday that he wasn't pressing for the Middle East conflict to end without Tehran conceding to his demands. "I have no time schedule," Trump reportedly said. "I'm not in a hurry."In the same interview, Trump warned that the US could attack Oman if the Gulf nation interferes with its blockade of Iranian ships in the Strait of Hormuz. Iran and Oman are reported to have held negotiations recently on managing the crucial waterway.Iran's top negotiator, Mohammad Bagher Ghalibaf, said Tuesday that the Strait of Hormuz will remain shut until the US meets the conditions of the interim deal signed in June, Reuters reported, citing state media.Iranian Foreign Ministry spokesman Esmail Baghaei on Monday ruled out extending the memorandum of understanding, according to a CNBC report that cited state news agency Tasnim.West Texas Intermediate crude oil increased 0.8% to $85.14 a barrel before the opening bell, while Brent edged 0.1% higher to $90.98.Treasury yields were trending higher in premarket action, with the two-year rate rising 0.2 basis points to 4.18% and the 10-year rate adding 1.2 basis points to 4.74%.Tuesday's economic calendar has the housing starts and permits data for July at 8:30 am ET, along with the import and export prices data for the same month. The industrial production report for July is out at 9:15 am, followed by the pending home sales index for the same month at 10 am.Shares of Nike (NKE) rebounded 1.1% pre-bell after closing Monday trading with a 4% drop. Meta Platforms (META) fell 0.7% as the social media giant faces a trial brought by a coalition of 29 states over allegations that Facebook and Instagram were designed in ways that could adversely affect the mental health of children and teenagers.Home Depot (HD) gained as second-quarter sales rose year over year and the home-improvement retailer reaffirmed its full-year outlook. Baidu's (BIDU) Nasdaq-listed stock slipped 4.9% as the Chinese technology firm reported weaker-than-expected second-quarter results.Keysight Technologies (KEYS) posts its latest quarterly earnings after the markets close.Gold declined 0.4% to $4,455 per troy ounce, while bitcoin slipped 0.3% to $64,142.

Dow JonesNasdaq CompositeS&P 500$BIDU$HD$KEYS$META$NKE
Sectors

Sector Update: Tech Stocks Rise Late Afternoon

Tech stocks were higher late Monday afternoon, with the State Street Technology Select Sector SPDR ETF (XLK) increasing 0.2% and the State Street SPDR S&P Semiconductor ETF (XSD) adding 1.3%.The Philadelphia Semiconductor index climbed up 1.8%.In corporate news, over a dozen family offices held a total of at least $3.8 billion in SpaceX (SPCX) through the first half of the year, Bloomberg reported Monday, citing data it compiled from 13F regulatory filings. SpaceX shares were up 4.2%.Meta Platforms' (META) and BlackRock's (BLK) Sopaipilla data center campus in El Paso, Texas, is exposed to billions of dollars in potential losses due to partial insurance coverage, the Financial times reported Monday, citing sources familiar with the insurance agreement. Meta shares were falling 3.6%.Alphabet's (GOOGL) Google agreed to purchase a broad set of Spirit Airlines' enterprise data and internally developed software assets for $10 million under a bill of sale filed Friday in the US Bankruptcy Court for the Southern District of New York. Alphabet shares were down 0.6%.Intel (INTC) and Goldman Sachs (GS) are among the investors in AI video generation platform Higgsfield's recent $400 million funding round, pushing its valuation to $5.40 billion, the Financial Times reported. Intel shares climbed 1.5%.

$GOOGL$INTC$META$SPCX
Wire

Market Chatter: Meta's Texas Data Center With BlackRock Exposed to Potential Losses on Partial Insurance Coverage

Meta Platforms' (META) and BlackRock's (BLK) Sopaipilla data center campus in El Paso, Texas, is exposed to billions of dollars in potential losses due to partial insurance coverage, the Financial times reported Monday, citing sources familiar with the insurance agreement.The $14 billion data center has hundreds of millions of dollars in insurance coverage as advised by Marsh & McLennan (MRSH), but the venture will be liable for losses above the coverage caps, according to the report.Commercial insurers have been hesitant about providing full coverage for large data center campuses, which potentially face losses from natural catastrophes, power outages, and lawsuits, the report said.BlackRock declined to comment, while Meta and Marsh did not immediately reply to a request for comment from.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $580.15, Change: $-9.70, Percent Change: -1.64%

$BLK$META$MRSH
Sectors

Sector Update: Tech Stocks Advance Premarket Monday

Technology stocks were advancing premarket Monday, with the State Street Technology Select Sector SPDR Fund (XLK) up 0.3% and the State Street SPDR S&P Semiconductor ETF (XSD) 1.4% higher.Situational Awareness increased its stakes in technology companies Micron Technology (MU) and Sandisk (SNDK) in Q2, according to regulatory filings published Friday. Micron stock was up more than 2% and Sandisk shares were more than 3% higher pre-bell.Alibaba Group Holding's (BABA) Qwen artificial intelligence models have exceeded 3 billion in downloads globally over the last six months, topping that of Meta Platforms (META) and Alphabet's (GOOG,GOOGL) Google, Bloomberg reported, citing data from open source AI platform Hugging Face. Alibaba shares were up more than 1% premarket.Dynatrace (DT) unit Dynatrace LLC plans a $1.25 billion private placement of exchangeable senior unsecured notes due Sept. 1, 2031, the company said. Dynatrace stock was down more than 1% pre-bell.

$BABA$DT$GOOG$GOOGL$META$MU$SNDK$XLK$XSD
Asia Markets

Update: US Equity Futures Mixed Pre-Bell as 60-Day US-Iran Ceasefire Expires

(Updates with economic data, recent oil price movement, world markets' overview and corporate stock movements.)US equity futures were mixed pre-bell Monday as the ceasefire between the US and Iran reaches its expiration date after 60 days, with the two countries still locked in a stalemate.Dow Jones Industrial Average futures were 0.3% lower, S&P 500 futures were up 0.1%, and Nasdaq futures were 0.4% higher.Vessels transiting the Strait of Hormuz dropped over the weekend at five ships compared with 31 in the previous weekend, according to a Reuters report that cited data from analytics firm Kpler.Iran's foreign minister Abbas Araghchi said that the country has not yet decided to restart talks with the US, according to multiple reports. President Donald Trump reiterated in a post on Truth Social that Iran "cannot have, in any way, shape, or form, a Nuclear Weapon."Companies expected to report financial results this week include Walmart (WMT), Home Depot (HD), Analog Devices (ADI), Alibaba Group (BABA), TJX (TJX), and Lowe's (LOW).Oil prices were higher, with front-month global benchmark North Sea Brent crude up 0.7% at $89.14 per barrel and US West Texas Intermediate crude 0.7% higher at $82.05 per barrel.The New York Federal Reserve's Empire State manufacturing index increased to 20.6 in August versus 15.6 in July, compared with expectations for a decline to a reading of 10.0 in a survey compiled by Bloomberg.The August US housing market index, slated for 10 am ET, is expected at 33, compared with 34 from the prior month.In other world markets, Japan's Nikkei closed 0.7% higher, Hong Kong's Hang Seng ended 1.3% higher, and China's Shanghai Composite finished 1.4% higher. Meanwhile, the UK's FTSE 100 was down 0.2%, and Germany's DAX index was flat in Europe's early afternoon session.In equities, stocks of Micron Technology (MU) and Sandisk (SNDK) shares were up 2.8% and 3.6%, respectively, after regulatory filings on Friday showed that AI-focused hedge fund Situational Awareness increased its stakes in the companies. Alibaba Group shares were up 1.7% after a Bloomberg report that Qwen artificial intelligence models have exceeded 3 billion in downloads globally over the last six months, topping that of Meta Platforms (META) and Alphabet's (GOOG,GOOGL) Google.On the losing side, L3Harris Technologies (LHX) stock was down 2.7% after the company said it appointed Sam Mehta as CEO to replace Christopher Kubasik, who stepped down as chairman and CEO following an investigation into his conduct the company said was inconsistent with its Code of Conduct. Dynatrace (DT) shares were 1.4% lower after the company said its unit Dynatrace LLC is planning a $1.25 billion private placement of exchangeable senior unsecured notes due Sept. 1, 2031.

Dow JonesNasdaq CompositeS&P 500$ADI$BABA$DT$GOOG$GOOGL$HD$LHX$LOW$META$MU$SNDK$TJX$WMT

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