11 AI News and Ratings You Should Not Miss

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3. Meta Platforms, Inc. (NASDAQ:META)

Number of Hedge Fund Holders: 219

Meta Platforms, Inc. (NASDAQ:META) engages in the development of products that enable people to connect and share with friends and family. On November 5, Morgan Stanley analyst Brian Novak said in a research note that Meta continued to focus on efficiency, productivity and leaner operations even as it raised capital expenditures due to AI investments. Per Novak, the firm was expected to spend over $52 billion in 2025 as it competed with other tech giants for AI supremacy. Novak noted that revenue and engagement trends were improving across Meta’s platform, and industry and company conversations spoke to progress driving incremental Reels engagement and monetization.

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