Meta Platforms Inc

Bet against ‘superstar’ executives like Mark Zuckerberg and Tim Cook at your own peril, Jim Cramer warns
World

Bet against ‘superstar’ executives like Mark Zuckerberg and Tim Cook at your own peril, Jim Cramer warns

CNBC’s Jim Cramer on Thursday advised investors to trust big-name executives – especially those at the helm of the major companies that just reported quarterly earnings. “You bet against these superstar CEOs and CFOs at your own peril. … [they] don’t win every game, but over the long haul they win a lot more often […]

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Here’s a full recap of CNBC’s 2022 Stock Draft: Ryan Reynolds likes Netflix, Kandi Burruss buys Zoom
Business

Here’s a full recap of CNBC’s 2022 Stock Draft: Ryan Reynolds likes Netflix, Kandi Burruss buys Zoom

Finance professionals, athletes and celebrities choose their favorite names in the annual stock-picking competition. Source

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Amazon shares plunge on weak sales forecast
World

Amazon shares plunge on weak sales forecast

Andy Jassy, CEO of Amazon and then CEO of Amazon Web Services, speaks at the WSJD Live conference in Laguna Beach, California, October 25, 2016. Mike Blake | Reuters Amazon shares plummeted as much as 10% in extended trading on Thursday after the company issued a revenue forecast that trailed analysts’ estimates. Here’s how the company […]

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Stocks making the biggest moves midday: Meta, McDonald’s, Teladoc, Ford and more
Finance

Stocks making the biggest moves midday: Meta, McDonald’s, Teladoc, Ford and more

Pavlo Gonchar | LightRocket | Getty Images Check out the companies making headlines in midday trading. Meta Platforms — Shares of the company formerly known as Facebook surged 17.6% after reporting mixed first-quarter results. The company posted a beat in earnings but a disappointing revenue miss. It also saw daily active users grow following a decline […]

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Meta shares surge 15% after Facebook parent beats earnings estimates
World

Meta shares surge 15% after Facebook parent beats earnings estimates

Expectations were already low going into Meta’s latest quarterly results, which were a mixed back. Sopa Images | Lightrocket | Getty Images Shares of Facebook parent company Meta continued to rally Thursday after the company reported better-than-expected profit in the first quarter. Meta reported earnings per share of $2.72, higher than the $2.56 expected by […]

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5 things to know before the stock market opens Thursday
Business

5 things to know before the stock market opens Thursday

Here are the most important news, trends and analysis that investors need to start their trading day: 1. Nasdaq futures soar as stocks look to get back on track The Nasdaq MarketSite in New York. Michael Nagle | Bloomberg | Getty Images Nasdaq futures bounced nearly 2% on Thursday, boosted by a 14% pop in […]

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Here are Thursday’s biggest analyst calls of the day: Amazon, Spotify, Teladoc, Meta, Boeing & more
Technology

Here are Thursday’s biggest analyst calls of the day: Amazon, Spotify, Teladoc, Meta, Boeing & more

Here are the biggest calls on Wall Street on Thursday. Source

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Stocks making the biggest moves premarket: Meta, Teladoc, Pinterest, Qualcomm and more
Business

Stocks making the biggest moves premarket: Meta, Teladoc, Pinterest, Qualcomm and more

Woman holds smartphone with Meta logo in front of a displayed Facebook’s new rebrand logo Meta in this illustration picture taken October 28, 2021. Dado Ruvic | Reuters Check out the companies making headlines in Thursday premarket trading. Meta — Shares of the Facebook parent soared more than 16% in premarket trading after the tech […]

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Stocks making the biggest moves premarket: Meta, Teladoc, Pinterest, Qualcomm and more
Business

Evercore ISI says Facebook is a classic dislocated high quality stock that’s ridiculously cheap

Facebook-parent Meta’s valuation does not reflect the stock’s high-quality caliber, according to Evercore ISI. Source

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Jim Cramer debuts new stock grading system, evaluates 6 major companies after earnings
Business

Jim Cramer debuts new stock grading system, evaluates 6 major companies after earnings

CNBC’s Jim Cramer on Wednesday offered his thoughts on whether companies that recently reported their quarterly earnings are investable, leaning on his newly introduced grading system. “The chief reason this market has become so difficult is that we finally have not-so-hot earnings, yet Wall Street’s not adopting its usual posture of buying stocks that issue […]

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