Meta Platforms Inc
What’s next for Apple stock after big iPhone sales everywhere, even China
Apple on Thursday evening reported a blowout holiday quarter, driven by a 23% increase in iPhone sales. A strong revenue guide for the current March quarter suggests this strong device cycle will continue. Revenue in Apple’s fiscal 2026 first quarter, which ended back on Dec. 27, rose 16% year over year to $143.76 billion, exceeding […]
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Microsoft lost $357 billion in market cap as stock plunged most since 2020
Microsoft CEO Satya Nadella gestures as he speaks during the World Economic Forum meeting in Davos, Switzerland, on Jan. 20, 2026. Fabrice Coffrini | Afp | Getty Images Microsoft shares slid about 10% on Thursday following an earnings report that disappointed some investors, prompting the stock’s sharpest daily decline since March 2020. The move trimmed […]
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Microsoft is testing a major technical level after its post-earnings plunge
I often call the 200-day moving average the key barometer of health when judging a stock. Above it – the patient is healthy. Testing it – we need to examine and wait for further evidence to confirm its health. Below it – I yield to that the old adage: Bad things happen under the 200-day […]
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Stocks making the biggest moves midday: ServiceNow, Salesforce, Southwest, Carnival & more
Check out the companies making the biggest moves in premarket trading: ServiceNow — The software stock tumbled 11% despite the company’s better-than-expected fourth-quarter results. Morgan Stanley said ServiceNow’s report was “Good, but not good enough” to convince skeptical investors that the company’s business would continue to see robust growth in the face of competition from […]
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Meta and Microsoft are making big moves in opposite directions after earnings
It’s a tale of two different megacaps so far this earnings season when it comes to artificial intelligence. Meta Platforms surged after showing signs that investments in AI is boosting the bottom line, while Microsoft shares dropped as the company struggled to justify recent spending plans to investors and showed a slowdown in its cloud […]
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Powell’s press conference, Big Tech earnings, U.S. dollar volatility and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Thursday. It seemed like Federal Reserve Chair Jerome Powell’s go-to answer yesterday was “I have nothing for you on that,” which he told reporters at least five times during his press conference. Stock futures are little changed this morning. The three […]
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Stocks making the biggest moves premarket: Meta, Caterpillar, IBM, Royal Caribbean & more
Check out the companies making the biggest moves in premarket trading: Meta Platforms — Shares jumped 9%. The social media giant called for first-quarter sales to range from $53.5 billion to $56.5 billion, topping the analysts’ consensus call for $51.41 billion. Fourth-quarter earnings came in at $8.88 per share on revenue of $59.89 billion, while […]
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CNBC Daily Open: Investors expected the Fed to hold rates — it was Powell’s comments that drew interest
Jerome Powell, chairman of the US Federal Reserve, during a news conference following a Federal Open Market Committee (FOMC) meeting in Washington, DC, US, on Wednesday, Jan. 28, 2026. Kent Nishimura | Bloomberg | Getty Images As expected, the U.S. Federal Reserve left its key interest rate steady in a range between 3.5%-3.75%. But what investors […]
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CNBC Daily Open: Fed expectedly keeps rates steady — the intrigue was elsewhere
Federal Reserve Chair Jerome Powell pauses while speaking during a press conference following the Federal Open Markets Committee meeting at the Federal Reserve on Jan. 28, 2026 in Washington, DC. Kevin Dietsch | Getty Images As expected, the U.S. Federal Reserve left its key interest rate steady in a range between 3.5%-3.75%. But what investors were […]
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Meta’s Mark Zuckerberg gets green light from Wall Street to keep pouring money into AI
Mark Zuckerberg, chief executive officer of Meta Platforms Inc., during the Meta Connect event in Menlo Park, California, US, on Wednesday, Sept. 17, 2025. David Paul Morris | Bloomberg | Getty Images Meta CEO Mark Zuckerberg plans to ramp up his company’s spending on artificial intelligence in 2026. Wall Street seems fine with that plan. […]
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