Meta Platforms, Inc. (NASDAQ:META) faces a child safety lawsuit over alleged exposure to sexual exploitation on WhatsApp, Instagram, and Facebook. The trial is ongoing in New Mexico, with Meta denying the accusations and planning to appeal a previous verdict awarding $425 million in damages. Analysts remain positive, with KeyBanc raising its price target to $855. Additionally, Meta announced a $6 billion deal with Corning to expand AI data center infrastructure. The company owns various social media platforms and Reality Labs segment focuses on developing AI-driven technologies globally. While META shows investment potential, other AI stocks may offer greater upside.
Read more at Yahoo Finance: Meta Platforms (META) Child Safety Lawsuit Proceeds as AI Data Center Deal Advances
