Stock Movers ConocoPhilips Falls, AMD Rises, Meta Gains on Whatsapp Ad news
Jun 16, 2025
ConocoPhillips' shares are taking a hit as geopolitical tensions with Iran impact oil prices. Meanwhile, AMD's stock is on the rise thanks to a price target boost from analysts, indicating a promising comeback in graphics processing. Meta also sees gains with WhatsApp announcing ad placements and offering subscription services for exclusive content. Exciting developments in the tech sector are certainly stealing the spotlight!
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Iran Talks Affect Oil Prices
- Iran signaling de-escalation in hostilities with Israel impacts the energy sector negatively.
- This leads to falling oil prices and declines in energy stocks like ConocoPhillips, reflecting geopolitical influence on markets.
AMD's GPU Business Rebound
- Piper Sandler raised AMD's price target to $140 from $125 due to positive new products.
- A strong rebound in the graphics processing unit business is expected in Q4, boosting AMD's stock.
Meta Monetizes WhatsApp
- Meta will monetize WhatsApp by adding ads in the Updates tab visited by 1.5 billion users daily.
- They will also allow channel operators to sell subscriptions, initially without revenue share but eventually taking 10%.