A lower stock price indicates investors are less confident in Meta's future earnings potential. Historically, job cuts have ...
Big Tech earnings and GDP data are in focus as markets look to defend a largely positive week for the S&P 500.
Futures on the Nasdaq 100 fell 1.2%, S&P 500 futures declined 0.6% and Dow Jones Industrial Average dipped 0.2% ahead of the ...
Coupled with a boost in overall expenses, which were pegged between $96 billion and $99 billion this year, and a ...
CMCSA expectations of 98 cents a share GEV spun-off GE quarterly results earlier this week BHP renewable energy projects ...
Facebook, Instagram and WhatsApp parent Meta Platforms is the first of the Big Tech companies to report earnings this week.
The decline in “Magnificent Seven” stocks erased a collective $950 billion from their market capitalizations this week, which ...
Meta stock fell as much as 15% in after-hours trading on fears about the costs of its AI drive and lackluster revenue ...
The correction in stocks since the market hit all-time highs in March is actually good news for investors, according to one ...
Mark Zuckerberg's announcement about increasing AI investments caused Meta Platforms' stock to drop by 17%, though expert ...
Despite a strong first-quarter earnings report, Meta's stock value significantly declined. $5-10 billion investment in AI ...