META (US)

A proposal by Senator Ruben Gallego (D-AZ) this week likely gives investors an idea of what’s in store for the AI / data center complex if Democrats take control of Congress next month (our base…

With data center moratoriums recently gaining steam across the country, we do not expect political opposition to data centers to fade after the midterms. Governors facing elections in 2027 and 2028 may face growing pressure…

President Trump’s comments today at the UN—and despite the calls for regulation from the large AI frontier models CEOs—reinforces our view that this administration intends to maintain a light-touch approach to AI regulation absent a…

Following reports that the Trump administration is considering eliminating the tariff exemptions for data centers and extending Sec. 232 semiconductor tariffs to servers and other chip products, we assign ~70% odds that Trump announces expanded…

We think Meta’s (META) settlement with state attorneys general (AG) is positive for the company and the social media industry. The state AG cases were the largest and most advanced litigation threat facing the company,…

We wanted to update you on California’s AB 1709, which would restrict personalized feeds, autoplay and other addictive features for users under 16 and would negatively affect Meta (META), Alphabet (GOOGL), Snap (SNAP), Pinterest (PINS),…

With Meta’s (META) latest loss in New Mexico’s child-safety case last Thursday, we wanted to provide a comprehensive state-by-state overview of the litigation and regulatory risks facing social media companies, including Meta, Google (GOOGL), Snap…

We view the White House’s meetings this week with Google (GOOG), Meta (META), Anthropic and OpenAI as evidence that it still plans to release its framework for vetting frontier AI models despite missing the Aug….

We expect Texas Gov. Greg Abbott’s (R) pause on data-center approvals to extend into 2027, with the Texas Legislature likely to determine the industry’s longer-term regulatory and tax treatment during its January 12-May 31 session…

We wanted to update you on two California bills that we believe are likely to become law and would negatively Meta Platforms (META), Alphabet (GOOGL), Snap (SNAP), Pinterest (PINS), Reddit (RDDT), TikTok, StubHub (STUB) and…