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The adjust is the results of a branding offer beneath which the station will be named following the Florida-primarily based global IT company for the subsequent 10 years.
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Bonner says CEO Mark Zuckerberg's latest opinions on surging AI costs spooked the market, but investors should have faith in in Zuckerberg's long-expression history of accomplishment in building revolutionary products after which monetizing them after some time. Argus incorporates a "acquire" rating and $550 price goal for META stock, which closed at $493.76 on June 6.
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