Meta Platforms Inc
Apple reports earnings and revenue beat, boosted by services business
Apple CEO Tim Cook holds up a new iPhone 17 Pro during an Apple special event at Apple headquarters in Cupertino, California, Sept. 9, 2025. Justin Sullivan | Getty Images Apple reported earnings and revenue for its fiscal second quarter that topped analysts’ estimates, driven by growth in the company’s services business. The stock was […]
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Tech stocks close out best month since start of Covid pandemic in 2020
Jakub Porzycki | Nurphoto | Getty Images The tech-heavy Nasdaq Composite climbed 15.29% in April, its biggest monthly gain since the start of the Covid pandemic in April 2020. Earnings for big tech this week have boosted the sector, with Alphabet, Amazon and Microsoft all beating expectations for revenue and cloud growth. Alphabet surged 10% […]
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AI boom: Big Tech capital expenditures now seen topping $1 trillion in 2027
Google CEO Sundar Pichai gestures during a meeting with France’s President Emmanuel Macron on the sidelines of the AI Impact Summit in New Delhi on Feb. 19, 2026. Ludovic Marin | Afp | Getty Images Wall Street analysts estimate total AI capital expenditures could now climb above $1 trillion in 2027, following even bigger spending […]
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Apple’s stock has gone nowhere for 6 months. Traders expect a wild ride Thursday night
For a stock that’s gone nowhere for six months, Apple sure has options traders excited. Implied volatility in the stock suggests a 3.5% swing after earnings tonight, compared to an average move of just 1.8% following the last four quarterly reports. For context, among last night’s big four tech reports, Amazon and Microsoft are underperforming […]
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Jim Cramer crowns Alphabet the hyperscale earnings winner, sees more upside ahead
CNBC’s Jim Cramer didn’t hesitate to crown Alphabet as the clear winner in Wednesday night’s barrage of Big Tech earnings. “The Google call – Alphabet was an extraordinary call,” Jim said on ” Squawk on the Street ” on Thursday. “I think with the stock at $370 its going to right to $400,” he added. […]
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Jim Cramer: Don’t let Meta’s post-earnings plunge scare you out of the stock
CNBC’s Jim Cramer said Meta Platforms ‘ post-earnings decline isn’t a reason to jump ship on the stock. Shares are headed for their worst session in six months after a spending outlook raise sent the Facebook parent down over 9% Thursday. Still, Cramer remains a firm believer in CEO Mark Zuckerberg’s vision for the company. […]
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Jim Cramer says Amazon going up another 15% and ‘not stopping’ there
CNBC’s Jim Cramer said he’s bullish on Amazon after the company delivered one of the two best earnings reports he’s “ever seen.” “Amazon’s going to $300 , it’s not stopping here,” Cramer said on ” Squawk on the Street ” on Thursday, the day after a solid quarter. “Every single analyst has a target north […]
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Meta tanks 10%, Alphabet climbs 5% as each company raises capex spend
Mark Zuckerberg, CEO of Meta Platforms. David Paul Morris | Bloomberg | Getty Images Alphabet‘s stock surged more than 5% on Thursday, while Meta shares plunged 10%, as investors digested first-quarter earnings results, which included plans to up the ante on artificial intelligence spending. It is pacing to be Meta’s worst day since October 2025 […]
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Big Tech earnings, Powell’s decision, Pershing Square IPO and more in Morning Squawk
1. The tech TLDR The Meta corporate logo is featured at the Fira Gran Via booth, highlighting the company’s ”AI-First” hardware ecosystem during the Mobile World Congress. Joan Cros | Nurphoto | Getty Images Four of the Magnificent Seven tech companies released their highly-watched earnings reports last night, largely beating expectations across the board. Still, […]
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Stocks making the biggest moves premarket: Meta, Eli Lilly, Caterpillar, Amazon & more
Check out the companies making the biggest moves in premarket trading: Meta Platforms — The Facebook parent dropped 9% after the company hiked its full-year capital expenditures guidance to a range of $125 billion to $145 billion, raising concern over its AI spending. That forecast overshadowed a better-than-expected Q1 report. Eli Lilly — The Zepbound […]
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