Social media stocks

Investors in Meta who believe in Mark Zuckerberg have seen great returns, as the stock has done much better than the market over the last year. It seems the market previously underestimated Meta's potential to integrate AI and boost growth in its main business. Zuckerberg is now raising the stakes against other major tech companies, with expectations that AI investments will increase significantly until 2025.

The company has stated that it plans to raise its capital spending considerably in 2025.

The social media company is developing technology to make its platform more engaging.

Spotify (SPOT) reachead $384.50 at the closing of the latest trading day, reflecting a -0.16% change compared to its last close.

In the closing of the recent trading day, Pinterest (PINS) stood at $32.02, denoting a +0.72% change from the preceding trading day.

This company is focusing on a long-term strategy for investing in the future of artificial intelligence. They are committed to developing AI over time.

NEW YORK, NY / ACCESSWIRE / November 1, 2024 / If you suffered a loss on your Bumble Inc. (NASDAQ:BMBL) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/bumble-lawsuit-submission-form?prid=110389&wire=1 or contact Joseph E. Levi, Esq.

RADNOR, PA / ACCESSWIRE / November 1, 2024 / The law firm of Kessler Topaz Meltzer & Check, LLP(www.ktmc.com) informs investors that a securities class action lawsuit has been filed against Bumble Inc. ("Bumble") (NASDAQ:BMBL) on behalf of investors who purchased or otherwise acquired Bumble securities between November 7, 2023 and August 7, 2024, inclusive (the "Class Period") The lead plaintiff deadline is November 25, 2024. CONTACT KESSLER TOPAZ MELTZER & CHECK, LLP: If you suffered Bumble losses, you may CLICK HERE or go to: https://www.ktmc.com/new-cases/bumble-inc?utm_campaign=mei&mktm=r&utm_source=PR&utm_medium=link&utm_campaign=bmbl&mktm=r You can also contact attorney Jonathan Naji, Esq.

Steve Weiss, the founder and managing partner of Short Hills Capital Partners, appears on CNBC's 'Halftime Report' to explain his reasons for increasing his investment in Meta.