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1 min read

Facebook falls 4% after whistleblower says social media company gives hateful content more reach

Losses in Facebook stock on Monday outpaced declines in its mega-cap tech peers, with shares of App…

Matthew Fox   


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Facebook falls 5% after it says Apple privacy update led to negative performance for advertisers on the platform

Facebook shares tumbled on Wednesday as the company estimated it has underreported iOS web conversi…

Carla Mozée   


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2 mins read

Buy the dip in Facebook as shares of the social media giant are set to rise as much as 35%, JPMorgan says

Facebook's ad platform of more than 10 million advertisers is 'extremely resilient," said JPMorgan …

Carla Mozée   


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3 mins read

Indian markets trade higher amid mixed cues from global markets

Indian benchmark indices opened higher on Thursday amid mixed cues from Asian and the US markets. …

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2 mins read

Facebook parent Meta and Nvidia have both seen their stock prices double within the first 5 months of 2023

Only one stock in the S&P 500 – Warren Buffett favorite Occidental Petroleum – finished 2022 up by …

George Glover   


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Facebook's metaverse project will help drive as much as 22% upside in the stock, Bank of America says

Facebook will push at least $10 billion into its metaverse project this year.

Carla Mozée   


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1 min read

Facebook could jump 18% as its ambition to build a 'metaverse' that hinges on creators and commerce will drive profits, BofA says

BofA upgraded its Facebook price target to $425 following the tech giant's second quarter earnings …

Emily Graffeo   


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2 mins read

Billionaire investor Stanley Druckenmiller dumped Facebook parent Meta before its one-day $230 billion wipeout — and took stakes in Snap and Chevron

Druckenmiller's biggest acquisition in the last quarter was a near-$100 million position in oil maj…

Shalini Nagarajan   


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Social media stocks fall after dismal Snap earnings as investors fret over ad sales slowdown

The social media sector is reeling from Snap's disappointing quarterly earnings report, as investor…

Jennifer Sor   


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1 min read

One trader is so bullish Meta's stock is going to keep skyrocketing, they bet $40 million on thousands of trades

The trade involves over 26,000 call options allowing the purchase of Meta shares at $320 apiece by …

Huileng Tan   


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The NYSE is investigating a sharp spike in Shopify's price that led to an estimated $18 million in losses: report

The New York Stock Exchange is investigating why Shopify stock surged $100 to $780 in the last minu…

Hamza Fareed Malik   


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2 mins read

Facebook is now worth $1 trillion after a US court's dismissal of 2 antitrust lawsuits spurs jump in stock

The ensuing rally lifted it into the trillion-dollar club as markets gave it a huge "like" and lift…

Shalini Nagarajan   


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Facebook gains 7% after smashing expectations as higher ad sales drove a 48% jump in Q1 revenue

The company credited its revenue jump to the average price per ad, which shot up 30% year-on-year, …

Shalini Nagarajan   


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Facebook will soar 31% on strong ad trends and e-commerce growth, Deutsche Bank says

Deutsche Bank analyst Lloyd Walmsley and his team reiterated their buy rating and increased their p…

Will Daniel   


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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   


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Cathie Wood's ARK bought $44 million Nvidia shares after the gaming firm beat earnings

Nvidia's earnings report showed strong revenues but it warned that tough macroeconomic conditions w…

Hamza Fareed Malik   


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1 min read

Mark Zuckerberg has cashed in more than $1 billion in Facebook stock so far this year - roughly double his sales for all of 2020

Mark Zuckerberg has sold over $1 billion of Facebook this year amid a 12% jump in share price. The …

Will Daniel   


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2 mins read

Investors shouldn't rush back to big tech stocks as reflation and reopening trades are better near-term bets, says UBS

The tactical outlook favors reflation and reopening trades like financials and energy, said UBS in …

Carla Mozée   


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Facebook sees $34 billion erased from market cap as Trump-ban fallout continues to spook tech investors

CEO Mark Zuckerberg announced the ban on Thursday, saying the risks of allowing Trump to remain on …

Ben Winck   


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Facebook slips as the market eyes the social media giant's move to ban news from its platform in Australia

Facebook and Australia are locked in an "old western standoff" as the government says the tech gian…

Will Daniel  Â