Meta Gains Despite California's Million-Dollar Youth-AI Threat

This article first appeared on GuruFocus. Meta Platforms (NASDAQ:META), the social-media and digital-advertising giant, entered a tougher regulatory era in California on Friday. Investors brushed off the immediate threat, sending the stock approximately 1.3% higher to $652.47 in late-morning trading. Warning! GuruFocus has detected 2 Warning Sign with META. Is META fairly valued? Test your thesis with our free DCF calculator.META GF Value chart Gov. Gavin Newsom signed 13 bills targeting social media and artificial intelligence, according to Reuters.