Meta Platforms Inc

CNBC Day by day Open: Massive Tech earnings loom huge
World

CNBC Day by day Open: Massive Tech earnings loom huge

A slogan connected to Artificial Intelligence (AI) is displayed on a display in Intel pavilion, throughout the 54th annual conference of the Environment Economic Discussion board in Davos, Switzerland, January 16, 2024.  Denis Balibouse | Reuters This report is from present day CNBC Each day Open, our global marketplaces newsletter. CNBC Everyday Open provides traders […]

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Earnings playbook: Your guide to the busiest 7 days of the reporting period
World

Earnings playbook: Your guide to the busiest 7 days of the reporting period

The busiest 7 days of the earnings season as a result considerably is about to kick off, and it could have vast-ranging implications for the broader stock current market. About 20% of S & P 500 is slated to report fourth-quarter figures this 7 days, together with tech giants Meta Platforms, Apple, Amazon and Alphabet. […]

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Wall Street is barreling toward a significant 7 days forward with mega-cap earnings, Fed conference in aim
World

Wall Street is barreling toward a significant 7 days forward with mega-cap earnings, Fed conference in aim

Following week is shaping up to be the most significant a single of 2024 as a result much for Wall Street. Traders are headed into the thick of earnings season, with benefits on deck from the bulk of the so-named Wonderful 7 names. These firms have substantial bars to obvious as they test to justify […]

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Tech layoffs balloon in January as Wall Street rally lifts Alphabet, Meta, Microsoft to records
Technology

Tech layoffs balloon in January as Wall Street rally lifts Alphabet, Meta, Microsoft to records

Tech stocks on display at the Nasdaq.  Peter Kramer | CNBC The S&P 500 is trading at a record and the Nasdaq is at its highest in two years. Alphabet shares reached a new pinnacle on Thursday, as did Meta and Microsoft, which ran past $3 trillion in market cap. Don’t tell that to the […]

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Alphabet, Microsoft and Meta near at all-time highs in advance of earnings upcoming 7 days
Technology

Alphabet, Microsoft and Meta near at all-time highs in advance of earnings upcoming 7 days

Sundar Pichai, main executive officer of Alphabet Inc. Bloomberg | Bloomberg | Getty Photos Alphabet shares climbed to a file on Thursday, signing up for Microsoft and Meta, which have ongoing to rally given that achieving refreshing all-time highs earlier this month. Shares of Alphabet rose 2.1% to shut at $151.87. Microsoft rose .6% to […]

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FTC launches AI inquiry into Amazon, Alphabet, Microsoft, on the lookout at &#x27investments and partnerships&#x27
Technology

FTC launches AI inquiry into Amazon, Alphabet, Microsoft, on the lookout at &#x27investments and partnerships&#x27

WASHINGTON, DC – Oct 4: Federal Trade Commission Chair Lina Khan speaks through a discussion on antitrust reforms at the Brookings Institution Oct 4, 2023 in Washington, DC. Khan assumed the position of FTC chair in June 2021 immediately after staying appointed by U.S. President Joe Biden and confirmed by the Senate. (Photo by Drew […]

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Meta passes  trillion in market cap
Technology

Meta passes $1 trillion in market cap

Mark Zuckerberg, CEO of Meta, middle, departs from federal court in San Jose, California, on Dec. 20, 2022. David Paul Morris | Bloomberg | Getty Visuals Meta‘s sector cap surpassed $1 trillion during intraday trading Wednesday as the inventory popped a lot more than 2% and arrived at close to $396 per share amid a […]

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Meta's retreat from news accelerated in 2023, leaving publishers scrambling for traffic
Technology

Meta's retreat from news accelerated in 2023, leaving publishers scrambling for traffic

Mark Zuckerberg, CEO of Facebook, testifies remotely as Sen. John Kennedy, R-La., watches during the Senate Judiciary Committee hearing “Breaking the News: Censorship, Suppression, and the 2020 Election,” in Washington, Nov. 17, 2020. Bill Clark | Reuters Mother Jones CEO Monika Bauerlein has had a front-row seat in recent years to watch Facebook upend the […]

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Meta shares near at a history as very last 12 months&#x27s mega rally continues
World

Meta shares near at a history as very last 12 months&#x27s mega rally continues

Meta founder and CEO Mark Zuckerberg speaks all through the Meta Join event at Meta headquarters in Menlo Park, California, on Sept. 27, 2023. Josh Edelson | AFP | Getty Images Meta’s stock price has thoroughly rebounded from its dreadful 12 months in 2022. The share rose pretty much 2% Friday to close at $383.45, […]

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Nvidia and Major Tech are nonetheless the driving forces for the marketplace, bringing S&P 500 again to history levels
World

Nvidia and Major Tech are nonetheless the driving forces for the marketplace, bringing S&P 500 again to history levels

Thank the “Outstanding Seven” shares for the S & P 500 ‘s bounce to report ranges in 2024 . Even after a blowout 2023, most of the group has not taken a breather, boosting the broad-centered index previous a report amount set in January 2022 and into an formal bull current market — even devoid […]

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