Meta Platforms Inc
Earnings playbook: Apple and Meta highlight the busiest week of the season
The busiest week of the earnings season is here, as investors look to some of the biggest companies in the world for guidance on how the global trade could impact their bottom lines. More than 160 S & P 500 members are slated to report, including Apple, Meta Platforms and Microsoft. Around 180 companies have […]
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Corporate sponsors are backing away from LGBTQ+ Pride organizations
Revelers attend the annual LGBTQ+ Capital Pride parade in Washington D.C., U.S., June 8, 2024. Leah Millis | Reuters Companies that were once loud and proud in supporting LGBTQ+ community celebrations are pulling back. LGBTQ+ Pride festivals across the country have faced significant sponsorship challenges this year, with some losing corporate partners that collectively provided […]
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Americans are getting flashbacks to 2008 as tariffs stoke recession fears
Homemade barbecue pork chops. Katy Perry performs onstage during the Katy Perry The Lifetimes Tour 2025. A woman checks her receipt while exiting a store. iStock| Theo Wargo | Hispanolistic | Getty Images A few weeks ago, as Kiki Rough felt increasingly concerned about the state of the economy, she began thinking about previous periods […]
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How TikTok’s rise sparked a short-form video race
TikTok’s grip on the short-form video market is tightening, and the world’s biggest tech platforms are racing to catch up. Since launching globally in 2016, ByteDance-owned TikTok has amassed over 1.12 billion monthly active users worldwide, according to Backlinko. American users spend an average of 108 minutes per day on the app, according to Apptoptia. […]
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Stocks making the biggest moves premarket: Meta Platforms, Intel, Alphabet and more
Check out the companies making headlines before the bell. Meta Platforms — The Facebook and Instgram parent jumped about 3%. Meta cut staff in its Reality Labs division, CNBC reported. Alphabet – The Google and YouTube owner climbed more than 4% after first-quarter results topped Wall Street expectations. Alphabet earned $2.81 per share on $90.23 […]
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Meta lays off employees working on virtual reality in Reality Labs division
Meta CEO Mark Zuckerberg presents Orion AR Glasses as he makes a keynote speech during the Meta Connect annual event at the company’s headquarters in Menlo Park, California, on Sept. 25, 2024. Manuel Orbegozo | Reuters Meta has laid off employees in its Reality Labs division that is tasked with developing virtual reality, augmented reality […]
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The Mag 7 isn’t so mighty anymore. Other stocks may need to help the market rally
The market’s leading tech stocks don’t hold the same sway they once did, and that may change the ingredients needed for a Wall Street rally. The Roundhill Magnificent 7 ETF (MAGS) — which holds shares of Microsoft , Apple , Alphabet , Tesla , Amazon , Nvidia and Meta Platforms in roughly equal measure — […]
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World’s largest sovereign wealth fund reports $40 billion loss in first quarter on tech downturn
The facade of Norway’s central bank, also known as Norges Bank, in Oslo, Norway. Bloomberg | Bloomberg | Getty Images Norges Bank Investment Management — the largest sovereign wealth fund in the world — on Thursday reported a first-quarter loss of 415 billion kroner ($40 billion), citing weakness in the tech sector. “The quarter has been […]
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Meta makes ads on Threads available to all eligible advertisers
This photo illustration created in Washington, DC, on July 6, 2023, shows the logo for Threads, an Instagram app, reflected in its opening page. Stefani Reynolds | AFP | Getty Images Meta has opened up its Threads microblogging service to all advertisers. The social networking giant said Wednesday in a blog post that all “eligible […]
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Corporate America shelled out millions for Trump’s inauguration. Now he’s upending many of their businesses
U.S. President Donald Trump delivers remarks at the Business Roundtable’s quarterly meeting at the Business Roundtable headquarters on March 11, 2025 in Washington, DC. Andrew Harnik | Getty Images America’s richest and most powerful companies shelled out millions to fund President Donald Trump’s inauguration festivities. Three months later, some may be asking whether the famously […]
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