Meta’s shares dropped about 10% in extended trade following the report, evaporating $125 billion worth of stock market value.
More earnings from Big Tech companies roll in later today, with Microsoft and Alphabet reporting after the market close.
Snap Inc (NYSE:SNAP) and Pinterest Inc (NYSE:PINS) shares are moving lower in Wednesday’s after-hours session in sympathy ...
(Reuters) -Shares of Meta Platforms sank 13% on Thursday, sparking a selloff in big technology stocks after the social media ...
The company's plans to spend even more on its artificial-intelligence efforts appears to have shaken investors.
Snap's political-ad revenue could reach $64.8 million in 2024 ... the market-research firm Emarketer said, so Snap will be a drop in the ocean for most political advertisers.
The most recent trading session ended with Snap ... a 600% drop compared to the same quarter of the previous year. Our most recent consensus estimate is calling for quarterly revenue of $1. ...
In the past six months that vision, championed most vigorously by leaders of Saudi Arabia and the United Arab Emirates (UAE), and embraced by chief executives the world over, has come under ...
Snap-on's (SNA) first-quarter 2023 results are likely to benefit from strategic initiatives such as enhancing the franchise ...
Indian shares are set to open lower on Friday, tracking Asian peers, on reports of an escalation in geopolitical tensions in ...
June S&P 500 E-Mini futures (ESM24)are down -0.53%, and June Nasdaq 100 E-Mini futures (NQM24) are down -0.87% this morning as a disappointing revenue outlook for the ... wages coupled with a ...