Meta Platforms Inc
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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Microsoft says it respects European laws as U.S. ramps up trade tensions with EU
Microsoft President Brad Smith speaks during signing ceremony of cooperation agreement between the Polish Ministry of Defence and Microsoft, in Warsaw, Poland, February 17, 2025. Kacper Pempel | Reuters Microsoft President Brad Smith says the U.S. tech giant is committed to respecting European laws — even though it may not always agree with them. “Like […]
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Europe stocks open higher amid earnings deluge; autos gain on tariff hopes
European stock markets opened higher on Wednesday, as investors pored through another slew of earnings along with euro zone economic growth data. The Stoxx 600 index was up 0.44% at 8:08 a.m. in London after notching a sixth straight positive session on Tuesday, extending its longest winning streak since January. The U.K.’s FTSE 100 meanwhile closed higher […]
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Satya Nadella says as much as 30% of Microsoft code is written by AI
Facebook’s CEO Mark Zuckerberg (L) speaks with Microsoft’s CEO Satya Nadella after posing for a family picture with guests who attend the “Tech for Good” Summit at the Elysee Palace in Paris, on May 23, 2018. Charles Platiau | AFP | Getty Images Microsoft CEO Satya Nadella on Tuesday said that as much as 30% […]
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Where the ‘Fast Money’ traders see the most promise — and problems — over President Trump’s next 100 days
Fast Money Where the ‘Fast Money’ traders see the most promise — and problems — over President Trump’s next 100 days Published Tue, Apr 29 20257:25 PM EDTUpdated 47 Min Ago Stephanie Landsman@stephlandsman WATCH LIVE Source
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S&P 500 futures are little changed after index posts longest win streak since November: Live updates
Traders work on the floor of the New York Stock Exchange (NYSE) on April 29, 2025 in New York City. Angela Weiss | Afp | Getty Images Stock futures tied to the Dow Jones Industrial Average were little changed Tuesday night after the blue-chip index posted its longest winning run since July. Futures tied to […]
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Snap plunges 14% on ‘headwinds’ to start quarter, inability to offer guidance
Snap CEO Evan Spiegel speaks during the Semafor World Economy Summit 2025 at Conrad Washington on April 23, 2025 in Washington, DC. Kayla Bartkowski | Getty Images Snap reported better-than-expected first-quarter revenue Tuesday but declined to provide guidance, citing macroeconomic uncertainties that could weigh on advertising demand. Shares dropped 14% in after-hours trading. Here is […]
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Meta launches standalone AI app to take on ChatGPT
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 Platforms is launching a standalone artificial intelligence app and going head-to-head with ChatGPT maker OpenAI, the company said Tuesday. The news confirms previous CNBC reporting from February, […]
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Europe stocks open higher; Volvo Cars sheds 10%, Porsche falls 7% after earnings
AstraZeneca shares fall despite earnings growth AstraZeneca’s production plant in Snackviken, Sweden. Roland Magnusson | iStock Editorial | Getty Images British pharmaceutical giant AstraZeneca was 4% lower shortly after the opening bell, after the company posted its first-quarter earnings update. On Tuesday morning, AstraZeneca reported a 10% year-on-year rise in total revenue, which hit $13.59 […]
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