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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…

Harry Robertson   


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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   


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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 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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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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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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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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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   


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7 mins read

ITC stock scales 52-week high as brokerages hike target price

Shares of ITC on Monday scaled a new 52-week high as its robust third quarter performance was cheer…

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3 mins read

Just 2% of our millennial investor panel says Facebook is the FAANG stock they'd want to own for the next 10 years

A Business Insider panel of hundreds of millennial investors found jarringly little interest in own…

Ben Winck   


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4 mins read

'Pandemic and advertiser boycott create heightened uncertainty': Here's what 3 analysts expect from Facebook's quarterly earnings

Analysts are particularly interested in how a massive advertiser boycott hit Facebook's revenue and…

Ben Winck   


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1 min read

Facebook sees $37 billion in market value erased after 3rd quarter earnings reveal decline in US users

Facebook reported a decline in daily active users for the US and Canada, down 196 million from 198 …

Emily Graffeo   


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Tesla and Twitter lead the 10 most talked about stocks on Reddit's WallStreetBets forum

After WallStreetBets gained notoriety during the meme-stock craze, one data aggregator is compiling…

Matthew Fox   


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Tiger Global is on track for its worst year ever after a 44% decline. These were its top 10 holdings at the start of the year.

"Markets have not been cooperative given the macroeconomic backdrop, but we do not believe in excus…

Matthew Fox   


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Meme-stock GameStop, Tesla lead the 10 most talked about stocks on Reddit's WallStreetBets forum

After gaining notoriety during the meme-stock craze, one data aggregator is compiling the most ment…

Matthew Fox   


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2 mins read

Meme-stocks GameStop and AMC top 10 most talked about stocks on Reddit's WallStreetBets forum

After gaining notoriety during the meme-stock craze, one data aggregator is compiling the most ment…

Matthew Fox   


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Digital World Acquisition tops 10 most talked about stocks on Reddit's WallStreetBets forum

As traders look to replicate the success of WallStreetBets, one data aggregator is compiling the mo…

Matthew Fox   


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Bed Bath & Beyond, Tesla top 10 most talked about stocks on Reddit's WallStreetBets forum

After gaining notoriety during the meme-stock craze, one data aggregator is compiling the most ment…

Matthew Fox   


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2 mins read

Tesla and Lucid top 10 most talked about stocks on Reddit's WallStreetBets forum

As traders look to replicate the success of WallStreetBets, one data aggregator is compiling the mo…

Matthew Fox