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Meta stock climbs on WhatsApp ad rollout and price target hike

5 articles I'm watching carefully

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Tyler Dupont
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Good morning 👋

Here's the latest news I'm tracking today.

 📈 Stocks / Finance

Meta stock climbs on WhatsApp ad rollout and price target hike

Meta shares rose 3% to $701.04 after announcing ads in WhatsApp's Updates tab and receiving a price target hike from Oppenheimer to $775. WhatsApp has 3B MAUs. Meta leads Magnificent Seven YTD with a 20% gain despite AI capex concerns.

AMD Jumps 10% After AI Event, Piper Raises Price Target

AMD stock surged nearly 10% as Piper Sandler raised its price target to $140, citing strong momentum from the firm's 'Advancing AI' event. AMD revealed new Helios server racks featuring MI400 chips and teased key partnerships with AWS, OpenAI, Meta, and Microsoft.

Markets rebound as oil retreats, Fed decision looms

U.S. stocks rose Monday as oil prices fell back after Friday’s spike, easing fears of broader conflict after Israel’s strike on Iran. The S&P 500 gained 0.9%, while gold dipped 1%. Traders now await the Fed's rate outlook, with no immediate move expected.

🪙 Crypto

Trump Media plans Bitcoin-Ether ETF launch

Trump Media & Technology Group (DJT) plans to launch an ETF later this year that directly holds Bitcoin and Ether, allocating 75% to BTC and 25% to ETH. The stock closed down 4% Monday, extending its 2025 decline to over 40%. BTC traded below $109K; ETH above $2,600.

🌎 Global Economy

FTSE nears record as oil dips on Iran–Israel thaw hopes

FTSE 100 closed near a record high after reports Iran may pursue talks with Israel, easing geopolitical risk. Oil prices dropped, while gold softened and equities rose globally. Peel Hunt noted 'greater institutional positivity' toward UK assets.

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