Meta Platforms Inc
Stocks making the biggest moves midday: Meta Platforms, Qualcomm, Eli Lilly, CVS Health and more
Check out the companies making headlines in midday trading: Meta Platforms — Shares of the Facebook parent jumped about 4% after the company beat earnings expectations . Meta signaled ongoing advertising resilience and upped its capital expenditures range to reflect more data center infrastructure investments, even amid macroeconomic uncertainty. The company also issued in-line guidance […]
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Dow rallies 200 points to kick off May as Microsoft, Meta rekindle AI trade: Live updates
Traders work on the floor of the New York Stock Exchange on May 1, 2025. NYSE Stocks rose on Thursday after strong quarterly results from two Big Tech players eased concerns that artificial intelligence progress would slow amid economic turmoil. The Dow Jones Industrial Average climbed 210 points, or 0.5%. The S&P 500 traded up […]
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Meta Platforms jumps 6% on earnings beat, advertising resilience
Meta CEO Mark Zuckerberg appears at the Meta Connect event in Menlo Park, California, on Sept. 25, 2024. David Paul Morris | Bloomberg | Getty Images Meta Platforms shares jumped more than 6% Thursday after the company topped earnings expectations and showed advertising resilience in a murky macroeconomic environment. “Key here is that Meta’s adv. […]
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Stocks making the biggest moves premarket: Microsoft, CVS Health, Meta Platforms, Qualcomm and more
Check out the companies making headlines before the bell. Microsoft — The tech giant jumped nearly 9% after beating Wall Street’s earnings and revenue expectations driven by its Azure cloud business. Microsoft issued strong guidance for the year. Meta Platforms — Shares popped 6% after the social media company reported first-quarter earnings of $6.43 on […]
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Meta says China retailers are reducing digital ad spend
This photo illustration created on Jan. 7, 2025, in Washington, D.C., shows an image of Mark Zuckerberg, CEO of Meta, and an image of the Meta logo. Drew Angerer | AFP | Getty Images Chinese online retailers have cut back their spending on Facebook and Instagram ads in reaction to President Donald Trump’s tough trade […]
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Meta’s Reality Labs posts $4.2 billion loss in first quarter
Meta CEO Mark Zuckerberg tries on Orion AR glasses at the Meta Connect annual event at the company’s headquarters in Menlo Park, California, U.S., September 25, 2024. REUTERS/Manuel Orbegozo Manuel Orbegozo | Reuters Meta is continuing to sink billions of dollars a quarter into the metaverse. In its first-quarter earnings report on Wednesday, Meta said […]
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Stocks making the biggest moves after hours: Microsoft, Meta Platforms, Amazon, MGM Resorts and more
Check out the companies making headlines in extended trading: Microsoft — Stock in the technology behemoth climbed more than 6% on the heels of better-than-expected third-quarter results on the top and bottom lines. Microsoft earned $3.46 per share on revenue of $70.07 billion, while analysts polled by LSEG were looking for a profit of $3.22 […]
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Meta to report first-quarter earnings after the bell
Mark Zuckerberg, CEO of Meta Platforms, during the Meta Connect event in Menlo Park, California, on Sept. 25, 2024. David Paul Morris | Bloomberg | Getty Images Meta is set to report its first-quarter earnings on Wednesday, and investors will be looking for any signs that President Donald Trump’s tough China tariffs are affecting the […]
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Nvidia gets a rare sell rating from Wall Street
All of the upside potential from artificial intelligence demand for Nvidia may already be priced into the stock, according to Seaport Research Partners. The firm initiated research coverage of the market bellwether and AI darling with a rare sell rating on Wednesday, alongside a $100 per share price target. Seaport’s forecast implies more than 8% […]
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Snap sinks 15% after withholding guidance, citing ad concerns
Evan Spiegel, CEO of Snap Inc., speaks onstage during the Snap Partner Summit 2023 at Barker Hangar on April 19, 2023 in Santa Monica, California. Joe Scarnici | Getty Images Entertainment | Getty Images Snap shares fell more than 15% Wednesday after the social media company withheld second-quarter guidance due to the uncertain macroeconomic environment. […]
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