Meta’s shares dropped about 10% in extended trade following the report, evaporating $125 billion worth of stock market value.
The premarket drop ... and Snap . Meta CEO Mark Zuckerberg, who floored Wall Street last year with his cost-cutting drive, ...
Trending: Suze Orman Decided To Drop Homeowners Insurance After An Outrageous ... The company is expected to report EPS of 13 ...
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 ...
Meta disappoints investors with slightly weaker-than-expected revenue guidance and plans to spend even more on its artificial-intelligence efforts.
During the earnings call, CEO Mark Zuckerberg said that his commitment to Meta building the best AI models out there ...
The Nasdaq outpaced Wall Street peers on Wednesday, with Tesla leading gains among megacap stocks after its quarterly results, while upbeat earnings reports across other sectors also offered support.
Indian shares are set to open lower on Friday, tracking Asian peers, on reports of an escalation in geopolitical tensions in ...
(Reuters) - S&P 500 and Nasdaq futures gained on Wednesday on a growth stocks boost as investors lauded upbeat earnings from ...
Take a good look around downtown, maybe even snap a picture or two for keepsake, a dramatic makeover is forthcoming.
Meanwhile, social media firms Meta Platforms and Snap gained 2.8% and 1.8%, respectively, after the U.S. Senate passed a bill ...
Futures tied to the S&P 500 and the Nasdaq rose on Wednesday, with Tesla at the helm of gains after its quarterly results, while most megacap growth names also offered support. Tesla led gains across ...