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Yahoo
24-06-2025
- Business
- Yahoo
Mark Zuckerberg's AI Dreams Hit WhatsApp Speed Bump As OpenAI, Perplexity Challenge Meta On Its Own Turf: Report
WhatsApp has emerged as a key arena for AI chatbot competition, reportedly posing a potential challenge to Meta Platforms Inc.'s (NASDAQ:META) AI dominance. What Happened: WhatsApp, with over 3 billion global users, has become a prime platform for various AI chatbots, including those from OpenAI and Perplexity, alongside Meta's own assistant, reported Business Insider. This intense competition could potentially hinder Meta AI's goal of becoming the default choice for its billions of users. Trending: Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing — Notably, in the April earnings call, Meta's CEO, Mark Zuckerberg, revealed that WhatsApp is 'the largest surface that people use Meta AI on.' WhatsApp, a primary battleground for consumer AI, is witnessing a surge in rival chatbots vying for user attention. Despite Meta AI being integrated into WhatsApp, the app's strong usage continues. OpenAI, which brought ChatGPT to WhatsApp last year, is working to make AI more widely accessible. Meanwhile, Perplexity's chatbot, launched on WhatsApp this spring, experienced such overwhelming demand at launch that it briefly crashed. These competing chatbots utilize the WhatsApp Business Platform, allowing them to reach WhatsApp's vast global audience without requiring Meta's direct approval. This is particularly beneficial in emerging markets such as India and Brazil, where WhatsApp is a primary communication tool. Meta did not immediately respond to Benzinga's request for It Matters: The rise of AI chatbots on WhatsApp comes at a time when Meta is facing challenges. Just a day before this report, WhatsApp was banned on U.S. House devices over transparency and encryption concerns, further complicating Meta's position. However, Meta's WhatsApp is not without its potential. An analyst recently estimated that Meta could potentially generate over $10 billion in annual ad revenue from its WhatsApp messaging service by 2028, indicating that the platform still holds significant value for the company. Benzinga's Edge Rankings place Meta Platforms in the 85th percentile for momentum and the 28th percentile for value, reflecting its strong performance in both areas. Check the detailed report here. On a year-to-date basis, Meta stock surged 16.57%, according to data from Benzinga Pro. Read Next: Invest early in CancerVax's breakthrough tech aiming to disrupt a $231B market. Back a bold new approach to cancer treatment with high-growth potential. These five entrepreneurs are worth $223 billion – they all believe in one platform that offers a 7-9% target yield with monthly dividends Image via ShutterstockUp Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market. Get the latest stock analysis from Benzinga? This article Mark Zuckerberg's AI Dreams Hit WhatsApp Speed Bump As OpenAI, Perplexity Challenge Meta On Its Own Turf: Report originally appeared on Fehler beim Abrufen der Daten Melden Sie sich an, um Ihr Portfolio aufzurufen. Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten
Yahoo
17-03-2025
- Business
- Yahoo
S&P 500 Price Trend Flashes Warning Signals But This Expert Says 'Start Looking For A Buy Signal' After Last Week's Drawdown
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. The S&P 500 index jumped over 2% on Friday, after a fall into the correction zone on Thursday last week, whereas the Nasdaq continues to be in the correction territory. While technical analysis points toward bearish trends, this analyst says that investors can start looking for buy signals. What Happened: As of Friday, the S&P 500 index was 8.27% down from its 52-week high, which followed a bounce from Thursday's 10.18% drawdown. Similarly, Nasdaq 100 was 11.33% lower from its 52-week high as of Friday. According to Benzinga Pro and Edge Rankings, the technical analysis of the exchange-traded fund tracking the S&P 500 index, SPDR S&P 500 ETF Trust (NYSE:SPY) were flashing warning signals. Don't Miss: Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing — you can become an investor for $0.80 per share today. If there was a new fund backed by Jeff Bezos offering a 7-9% target yield with monthly dividends would you invest in it? Despite that Jay Kaeppel, the senior market analyst at SentimenTrader via his Panic/Euphoria analysis model showed that the S&P 500's decline was still not flashing a buy signal. However, from this point, investors could "Start looking for a buy signal". According to the chart shared by him, when the Panic/Euphoria line falls below the Excessive Pessimism level, investors could expect a bounce back with an average of over 7% return after two months and 28% returns after a year. But, this follows a series of red dots representing that investors should take a backseat. Hence, as his model shows the presence of only one red dot, Kaeppel doesn't forecast a buy yet, but the start of a potentially emerging buy signal. Why It Matters: SPY fell below its 200-day moving average on Thursday after its longest-ever streak and its technical charts showed that it was below all its short and long-term moving averages. The MACD momentum indicator was negative 11.38, signaling a downtrend in the short-term and its relative strength index of 37.72 was in the neutral zone. Similarly, the Edge Rankings showed that SPY had a poor price trend in short, medium, and long term, with a momentum ranking of 64.34 percentile. Read Next: Many don't know there are tax benefits when buying a unit as an investment — Here's how to invest in real estate by mirroring BlackRock's big move Tired of waiting on the sidelines? With Groundfloor, you can invest in real estate projects with as little as $10 — no accredited investor status required. Photo courtesy: Shutterstock This article S&P 500 Price Trend Flashes Warning Signals But This Expert Says 'Start Looking For A Buy Signal' After Last Week's Drawdown originally appeared on
