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3 mins read
Wall Street is bullish on Meta earnings as analysts eye an AI boost for the tech titan
Analysts are bullish on Meta earnings ahead of the Facebook parent's third-quarter report. BofA nam…
Jennifer Sor
2 mins read
Stock market today: US stocks mixed as traders brace for GDP data and more earnings
Meta Platforms will report earnings after the closing bell, with Microsoft and Alphabet on deck for…
Jennifer Sor
6 mins read
Earnings season is here. These are the biggest storylines the market is watching.
In today's big story, we're looking at what to expect during a critical earnings season.
Dan DeFrancesco
4 mins read
Meme stocks are back in fashion. Here's how to find one.
In today's big story, we're breaking down how to identify a meme stock.
Dan DeFrancesco
2 mins read
Stock market today: US indexes drop as 1st-quarter GDP growth comes in weaker than expected
The US economy grew at an annualized rate of 1.6% in the first three months of the year, badly lagg…
Max Adams
2 mins read
Facebook parent Meta lost $251 billion of value in the worst wipeout ever. That's more than Netflix, Nike and McDonald's are each worth.
No company has ever shed more value in one day on US stock markets than Facebook parent Meta, with …
Harry Robertson
1 min read
Facebook parent Meta erases $53 billion in market value after Snap warning rips social media stocks
The warning from Snap altogether erased more nearly $200 billion in combined market value for socia…
Matthew Fox
1 min read
Snap stock is facing a double-digit sell-off after earnings for the 5th straight quarter. Here's why investors are panicking.
The Snapchat parent gave investors little reason to cheer, and it shared a revenue forecast lower t…
Phil Rosen
2 mins read
Nasdaq leaps 3% as investors cheer tech earnings and sidestep weak GDP report
Apple and Amazon were set to report results after the closing bell. Meta Platforms' stock pop after…
Carla Mozée
2 mins read
Facebook parent Meta soars 16% after Q1 results show user growth recovery, and Mark Zuckerberg reins in metaverse spending
Meta CEO Mark Zuckerberg said he's slowing the pace of the Facebook parent's investment in new proj…
Shalini Nagarajan
2 mins read
JPMorgan downgrades Facebook parent Meta for the first time ever and removes it from its top-ideas list after earnings disaster
Meta stock is undergoing a valuation re-rating that now makes it cheaper than the S&P 500 index on …
Matthew Fox
2 mins read
'AI advancement driving engagement': Here's how Wall Street is reacting to Meta's 3rd-quarter earnings
"We believe Meta continues to execute well and remains disciplined, and we would be buying the pull…
Matthew Fox
3 mins read
'Reels is outperforming TikTok': Here's what Wall Street expects from Meta's 3rd-quarter earnings
Investors are waiting to see how Meta balances its "year of efficiency" cost cuts with its need to …
Matthew Fox
1 min read
Retail investors poured $231 million into Meta stock as it tanked after earnings, the highest amount since 2018, research firm says
Thursday's buying spree was more than 25 times the $9 million in average daily net purchases of Met…
Carla Mozée
5 mins read
Meet the group preparing for a Soviet Union-type collapse of the US economy
Opinions fluctuate on the economy, but one group has a decidedly strong take.
Dan DeFrancesco
2 mins read
Facebook stock has 23% upside as headline risk is priced in and 3 billion users continue to flock to the platform, Morningstar says
Instagram's negative impact on on the mental well-being of young girls is a risk that Morningstar i…
Isabelle Lee
1 min read
Mark Zuckerberg's net worth plunges by $30 billion as Facebook parent Meta crashes 25% after earnings shock
Meta, formerly Facebook, plunged in early trading after saying rivals such as TikTok were eating in…
Harry Robertson
2 mins read
Snap, Twitter, and Pinterest sink as Facebook parent Meta's Q4 earnings shock hits social media stocks
Meta's poor Q4 earnings triggered a slide in social media stocks, with Snap tumbling as much as 19%…
Shalini Nagarajan
3 mins read
US futures fall after Facebook parent Meta slides 20% in premarket trade and Spotify tumbles on weak user projections
If Meta's 20% drop in premarket trading carries on into regular market hours, it stands to lose abo…
Shalini Nagarajan
2 mins read
Facebook parent Meta loses $200 billion in market cap after dire earnings, on track for the biggest loss of value in stock-market history
Investors dumped Meta stock en masse Thursday after the social media giant warned it was losing gro…