Meta Platforms Inc
Be conservative with FAANG stocks as anticipated Fed rate hikes spurn a market pivot, Jim Cramer says
CNBC’s Jim Cramer said Thursday that he expects the market to pivot to a bull market for recession-proof stocks rather than expensive growth names. When the Federal Reserve decides to combat an “inflationary spiral with higher [interest] rates, you’re not supposed to buy expensive growth stocks. The hedge fund playbook says that you should sell […]
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UBS says Meta could rally 28% from here as Instagram Reels monetization ramps up
A ramp up in user engagement data could drive shares higher for the social media platform, analysts say. Source
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Some of the first quarter’s biggest losers could be the biggest steals, Jim Cramer says
Investors should consider purchasing stock of the first quarter’s biggest losers if the market shows signs of recovering on its own, CNBC’s Jim Cramer said Monday. “This market’s screaming that we’re headed for a [Federal Reserve]-mandated slowdown, that could possibly become a Fed-mandated recession,” the “Mad Money” host said. “If we get more signs that […]
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Investing Club: Here’s our April rapid-fire update on all 33 stocks in Cramer’s Charitable Trust portfolio
Ahead of our Monthly Meeting this Thursday, we are providing the Club with a quick refresher on all the holdings in the portfolio. Source
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DC attorney general says fighting big tech is like David versus Goliath
Washington, DC Attorney General Karl Racine speaks after a news conference in front of the U.S. Supreme Court September 9, 2019 in Washington, DC. Alex Wong In his battles with Big Tech, District of Columbia Attorney General Karl Racine sees his office as something of an underdog. “In a real way, when you take on […]
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Meta says employees no longer need Covid boosters to come to U.S. offices
Kevin Dietsch | Getty Images Facebook parent Meta Platforms will stop insisting that employees have Covid booster shots in order to come to its facilities in the U.S., a spokesperson confirmed to CNBC on Friday. Technology companies have begun the process of luring their workers back to their corporate campuses. Meta, as well as Microsoft, […]
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Meta’s A.I. exodus: Top talent quits as the lab tries to keep pace with rivals
Mark Zuckerberg told the world last October that he was rebranding Facebook to Meta as the company pushes toward the metaverse. Facebook | via Reuters Facebook parent Meta has lost some of its top artificial intelligence scientists this year as the company continues its pivot toward the metaverse. At least four prominent members of Meta […]
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Amazon hired an influential Democratic pollster to fight Staten Island union drive
Amazon workers arrive with paperwork to unionize at the NLRB office in Brooklyn, New York, October 25, 2021. Brendan Mcdermid | Reuters Amazon tapped an influential consulting and polling firm with close ties to Democratic political groups to help the company thwart a critical unionization effort at a Staten Island, New York, warehouse, CNBC has […]
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How Google and Amazon bankrolled a ‘grassroots’ activist group of small business owners to lobby against Big Tech oversight
The logo of Google is seen on a building at La Defense business and financial district in Courbevoie near Paris, France, September 1, 2020. Charles Platiau | Reuters Clay Montgomery owns a small blacksmith shop called “Arrow M Enterprises” outside of Mingus, Texas, where he manufactures hand-forged metal works and grilling tools. He also sells […]
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Booking Holdings is a high-quality recovery play, says Evercore’s Mark Mahaney
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Mark Mahaney, Evercore ISI head of internet research, joins CNBC’s ‘Squawk Box’ to break down big tech names like Meta, Amazon, Microsoft and more. Source
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