Meta Platforms Inc
European stocks open higher on China-U.S. optimism
European stocks opened higher on Friday, as investors assessed a signal that China is seeking trade negotiations will the U.S. The Stoxx 600 index jumped 0.88% in early deals, led by mining stocks, up 2.5%, while banks climbed 1.7%. Most markets were closed on Thursday for the May 1 holiday. London’s FTSE 100 ended a choppy […]
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S&P 500 futures rise as China signals openness to trade talks with U.S.: Live updates
Traders work on the floor of the New York Stock Exchange on May 1, 2025. NYSE S&P 500 futures rose Thursday evening as investors cheered China’s announcement that it is evaluating the possibility of starting trade negotiations with the U.S. Futures tied to the broad-based index added 0.68%. Dow Jones Industrial Average futures jumped 0.82% […]
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CNBC Daily Open: Apple and Amazon beat expectations, but not all’s rosy underneath
A person walks by the Apple store on Fifth Avenue in New York City, U.S., May 1, 2025. Kylie Cooper | Reuters For the quarter that ended in March, Apple and Amazon reported top- and bottom-line numbers that beat analysts’ expectations, joining their fellow “Magnificent Seven” counterparts Alphabet, Microsoft and Meta Platforms on the podium. […]
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Reddit reports strong sales and issues optimistic guidance
Reddit reported first-quarter revenue on Thursday that beat Wall Street expectations, and issued better-than-expected guidance. The stock initially soared by as much as 19% in after-hours trading, but receded to around 5% when executives discussed the shaky economy and Google search-related challenges. Here’s how the company did compared with LSEG estimates: Earnings per share: 13 cents […]
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Amazon’s ad business grew 19% in first quarter, topping estimates
A woman cleans the store window of the Amazon house after activists sprayed paint on its logo during a protest on the opening day of the 55th annual meeting of the World Economic Forum in Davos, Switzerland, on Jan. 20, 2025. Yves Herman | Reuters Amazon reported a 19% increase in online ad revenue in […]
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Big Tech has completely reversed its April tariff sell-off and is boosting confidence on Wall Street
A strong pair of earnings reports from Microsoft and Meta Platforms appears to have reignited excitement around the artificial intelligence trade and may be, at least temporarily, pushing tariff worries from investors’ minds. The postearnings rallies for both stocks helped push the Roundhill Magnificent Seven ETF (MAGS) back above its April 2 close, which occurred […]
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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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