Overview
- Morgan Stanley’s Brian Nowak kept an Overweight rating and cut his target to $775, arguing investor sentiment has bottomed and calling it time to buy the stock.
- Meta is scaling its AI footprint with a $10 billion El Paso data center, up from $1.5 billion, targeting 1 gigawatt of capacity by 2028 and pledging jobs, renewable power, and local water projects.
- An agreement with Entergy Louisiana will power a $10 billion hyperscale site and is projected to save utility customers about $2 billion over 20 years while funding $260 million in community and efficiency programs.
- SEC filings show new stock options for six executives with a top strike of $3,727.12, implying roughly a $9.4 trillion valuation if realized and signaling aggressive long‑term ambitions; CEO Mark Zuckerberg is not included.
- The core business remains strong with 3.58 billion daily users and robust Q4 results, though recent court losses tied to child safety concerns pressured shares as commentators expect drawn‑out appeals that could trim awards.