Mon Aug-31 19:08:58
times in Europe/Lisbon
🚨 Alert #2366 Tue Aug-11 17:21:01
Court rules Meta, other tech firms must face thousands of lawsuits over social media addiction
A U.S. appeals court ruled that Meta and Google must face thousands of lawsuits alleging their social media platforms are designed to be addictive to young users, rejecting their early appeal based on Section 230 immunity.
🎯 Tickers & verdicts
🧭 Decisions
| strategy | ticker | action | side | rationale |
|---|---|---|---|---|
| S1 | META | ○ skip | — | primary short contradicts tape: META +1.73% since prev close → close -0.96% |
| S2 | - | ○ skip | — | no counterparty in universe |
| S3 | - | ○ skip | — | no peer in universe |
| S4 | META | ○ skip | — | overnight drift: short META at close, exit next close (regulatory: A U.S. appeals court ruled that Meta and Google must face thousands of lawsuits alleging their social media platforms are designed to be addictive to young users, rejecting their early appeal based on Section 230 immunity.) [skipped at close: outranked — mat 65 short lost to mat 65 short (decision 9504) for S4 META exiting 2026-08-12] |
📈 Trades
no trades spawned
📖 Glossary
- S1 primary — trades the alert's primary ticker in the direction the article itself indicates; exits at the same day's close.
- S2 counterparty — trades the inferred counterparty ticker (weakest signal, LLM-inferred sympathy); exits at the same day's close.
- S3 peer — trades an inferred peer ticker (also LLM-inferred sympathy); exits at the same day's close.
- S4 overnight — holds the primary ticker from today's close to the NEXT day's close.
- Verdicts are decided top-to-bottom, first match wins; REPRICING is also the fallback when nothing else matches (2026-08-08 #220).
- UNKNOWN — a needed price input (move since close or move in the last 30m) is missing.
- PRICED — |move since previous close| ≥ 2.0%: already reflected in price.
- REPRICING — |move in the last 30m| ≥ 0.5%: the tape is actively moving on it. Also covers a quieter move — |move since previous close| in [1.0, 2.0) with a quiet last-30m tape: still developing, not yet priced.
- FRESH — |move since previous close| < 1.0%: a genuinely new move.
- materiality — how market-moving the story was judged, 0-100 — alerts require materiality ≥ 60.