Meta Platforms Inc

Meta to report second-quarter earnings after the bell
Technology

Meta to report second-quarter earnings after the bell

Mark Zuckerberg, main government officer of Meta Platforms Inc., still left, arrives at federal court docket in San Jose, California, US, on Tuesday, Dec. 20, 2022.  David Paul Morris | Bloomberg | Getty Pictures Meta will report next-quarter earnings following market shut on Wednesday. Right here are the key numbers to look at: Earnings: $2.91 per […]

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Meta, Microsoft and Amazon workforce up on maps task to crack Apple-Google duopoly
Technology

Meta, Microsoft and Amazon workforce up on maps task to crack Apple-Google duopoly

Google Maps app can be noticed on a cellular mobile phone. Nasir Kachroo | NurPhoto | Getty Illustrations or photos Google and Apple dominate the industry for on line maps, charging cellular app developers for obtain to their mapping companies. The other mega-cap tech firms are becoming a member of together to assistance produce a […]

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S&P 500 futures are little adjusted as investors digest Big Tech earnings and await Fed determination: Live updates
World

S&P 500 futures are little adjusted as investors digest Big Tech earnings and await Fed determination: Live updates

Traders on the floor of the NYSE, June 30, 2023. Resource: NYSE Futures tied to the S&P 500 traded in the vicinity of flat Tuesday night as investors parsed a batch of company earnings from important know-how names and geared up for Wednesday’s interest charge coverage final decision. S&P 500 futures were being little transformed, […]

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Snap shares plunge a lot more than 17% on weak forecast
World

Snap shares plunge a lot more than 17% on weak forecast

Snap shares tumbled over 16% right after the corporation reported steering for its recent quarter that skipped analysts’ anticipations. This is how the company did: Loss per share: 2 cent decline vs. 4 cent loss expected by analysts, in accordance to Refinitiv. Profits: $1.07 billion vs. $1.05 billion anticipated, in accordance to Refinitiv. International Every […]

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Major traders bought tech shares forward of essential earnings experiences, Financial institution of America says
World

Major traders bought tech shares forward of essential earnings experiences, Financial institution of America says

Some of the market’s most important buyers were being taking danger off the desk forward of this week’s busy slate of earnings stories and a Federal Reserve assembly, in accordance to Bank of The usa. Strategist Jill Carey Corridor reported in a take note to consumers on Tuesday that last week the bank’s shoppers bought […]

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House Judiciary Committee to vote on citing Zuckerberg in contempt of Congress
Technology

House Judiciary Committee to vote on citing Zuckerberg in contempt of Congress

Meta Platforms CEO Mark Zuckerberg comes at federal court docket in San Jose, California, Dec. 20, 2022. David Paul Morris | Bloomberg | Getty Images The Household Judiciary Committee is set to vote Thursday on no matter if to cite Meta CEO Mark Zuckerberg in contempt of Congress for failing to offer suitable paperwork in […]

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Goldman sees enhanced chance of a drawdown in tech shares and tells clients to use this hedge
World

Goldman sees enhanced chance of a drawdown in tech shares and tells clients to use this hedge

It really is time for investors to hedge their bets on tech stocks following a spectacular rally by the 1st fifty percent of the year, in accordance to Goldman Sachs. Arun Prakash from Goldman’s derivatives study workforce reported in a observe to consumers on Tuesday that tech stocks glimpse wobbly and could be owing for […]

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Meta’s Threads just bought an update that customers have been begging for
Technology

Meta’s Threads just bought an update that customers have been begging for

In this photo illustration, the Threads brand by META is displayed on a smartphone with Twitter symbol in the background. Threads is the new social network from Meta Platforms which was launched on the 5th of July 2023.  Omar Marques | Nurphoto | Getty Visuals Meta‘s new textual content-dependent social media application Threads introduced a […]

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FTC chair defends keep track of record on antitrust difficulties, suggests huge isn’t categorically undesirable
Technology

FTC chair defends keep track of record on antitrust difficulties, suggests huge isn’t categorically undesirable

Federal Trade Commission Chair Lina Khan defended her progressive solution to antitrust enforcement at an celebration on Monday, as the agency has captivated a barrage of criticism from the business enterprise group. “The function of the FTC is not to have our very own private philosophical beliefs about the virtues of big compared to little. […]

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Musk pitfalls even much more harm to Twitter’s enterprise as the messaging app adjustments identify to X
World

Musk pitfalls even much more harm to Twitter’s enterprise as the messaging app adjustments identify to X

Elon Musk has extended been enamored with the letter X. Now, he is killing off the Twitter brand name and the iconic blue fowl in favor of X as section of an energy to turn his $44 billion acquisition into one thing that is truly his. connected investing news Musk’s vision for X is one […]

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