Meta Platforms Financial News

26.04 / 02:21

markets UPS Google Platform Meta Platforms social reports Google parent announces first-ever dividend; beats on sales, profit; shares soar

Alphabet announced its first-ever dividend on Thursday and a $70 billion stock buyback, cheering investors who sent the stock surging nearly 16% after the bell. The Google parent is returning capital while spending billions of dollars on data centers to catch up with rivals on generative artificial intelligence. The dividend will be 20 cents per share.

24.04 / 02:39

markets UPS Platform Tesla Trade Cycling Meta Platforms reports Wall Street closes higher as investors digest earnings, megacap outlook

stocks closed higher on Tuesday following positive earnings from top-tier companies and as investors were focused on quarterly results from Magnificent Seven and other megacap growth stocks. Tesla kicked off the earnings cycle for technology heavyweights after markets closed on Tuesday, announcing the launch of new electric vehicle models and quarterly revenue that missed analyst estimates. Its shares jumped 6% in extended hours trading.

23.04 / 09:49

markets Google Platform Tesla NVIDIA Meta Platforms reports rights 'Magnificent 7' earnings under watch amid tech slump

earnings arrive next week, right in time for investors looking for an artificial intelligence-powered rebound in the slumping S&P 500 Index, which just suffered through its worst week in over a year. Microsoft, Meta Platforms, Google parent Alphabet and Tesla, all of which are among the so-called 'Magnificent Seven' group of tech giants, will report next week. Technology stocks are selling off, with the Nasdaq 100 Index registering its biggest weekly drop since November 2022 in the midst of a four-week losing streak, its longest since December 2022. Even AI darling Nvidia Corp is getting hit, plunging 10% on Friday and wiping out $212 billion in market value for its worst day since the Covid pandemic in March 2020.

23.04 / 06:38

markets UPS ETF NVIDIA trends Meta Platforms recommendations rights If you’re investing in the AI theme for the long haul, here’s how to pick the winners

In this article

21.04 / 20:29

markets Platform Tesla PepsiCo Meta Platforms reports Wall Street week ahead: Focus on US GDP data, earnings from Microsoft, Alphabet, Meta Platforms, Tesla

ALSO READ: ‘Mag Seven’ Get Crushed Before Next Week’s Results: Markets Wrap April 25 (Thursday) will see the release of the US GDP (gross domestic product) data for the first quarter. On April 26 (Friday), data on PCE index will be unveiled. Following companies are due to report quarterly earnings in the week ahead— Verizon, Truist, Albertsons Companies, Visa, Tesla, PepsiCo, Texas Instruments, Philip Morris International, UPS, Lockheed Martin, Mattel, General Motors, Meta Platforms, IBM, AT&T, Boeing, Chipotle, General Dynamics, Hilton Worldwide, Ford Motor, Microsoft, Alphabet, Merck, Caterpillar, Comcast, Intel, Altria Group, TotalEnergies, Exxon Mobil, AbbVie, Chevron, and Colgate-Palmolive.

17.04 / 05:07

Telegram Platform President Meta Platforms social Videos Interviews Telegram platform to hit 1 billion users within year, founder Pavel Durov says

Telegram messaging app, one of the most popular social media platforms in Ukraine and Russia, will likely cross 1 billion active monthly users within a year, its founder said in remarks published on Tuesday. In a rare interview, Pavel Durov told U.S. journalist Tucker Carlson that the Dubai-based free cloud-based app that allows users to send and receive messages, calls and other files, is spreading like a «forest fire».

11.04 / 18:09

Platform Fighting Instagram Photos Meta Platforms social testing Features Instagram begins blurring nudity in messages to protect teens and fight sexual extortion

Instagram says it’s deploying new tools to protect young people and combat sexual extortion

08.04 / 16:37

markets COST Target Platform Apple wellness Meta Platforms Wells Fargo boosts end-2024 target on S&P 500 to Street-high of 5,535

Wells Fargo raised its year-end target for US benchmark S&P 500 index to 5,535 on Monday — the highest among Wall Street brokerages — citing optimism around artificial intelligence and a potential easing of borrowing costs. The index has gained 9% so far this year, broadly boosted by expectations of interest rate cuts and investor frenzy around the AI boom.

01.04 / 04:55

markets UPS Apple economy Tesla NVIDIA Trade Meta Platforms The stock market’s magnificent seven is now the fab four

The Magnificent Seven trade is beginning to fizzle—and yet, the stock market is still heading higher. The S&P 500 climbed 10% in the first quarter, its best start to a year since 2019, even though two of its biggest constituents suffered double-digit declines. Apple shares fell 11% in the first three months of the year, while Tesla dropped almost 30%.

23.03 / 18:53

Provident ETF Strategy Apple Meta Platforms performer track information play Two fresh ways to play the weight loss and megacap tech hype

In this article

21.03 / 15:43

markets Google Platform Apple Meta Platforms Justice innovations Department Apple sued by US DOJ on iPhone monopoly claims

Apple (NASDAQ:AAPL) stock fell Thursday after it was confirmed the Department of Justice (DOJ) has officially sued the iPhone maker in an antitrust case for monopolization of smartphone markets.

21.03 / 01:53

UPS Extreme security Apple Trade Meta Platforms show Bullish sentiment seen in March, recession unlikely: Bank of America Securities

fund manager survey by Bank of America Securities showed the risk appetite in March is the highest since November 2021, while the firm's 'Bull & Bear' indicator shows sentiment is 'bullish but not extremely bullish' yet. Two-thirds of the survey respondents said a recession is «unlikely» in the next 12 months with 62% forecasting a «soft» landing, while 23% said «no» landing (5% in October 2023) and 11% said «hard» landing (30% in October 2023). Bank of America said 226 fund managers with $572 billion of assets under management (AUM) participated in the March survey.

20.03 / 18:37

UPS Platform Fighting Apple Software Meta Platforms Courts Apple Faces Legal Protest From Meta, Microsoft, X and Match

Meta Platforms, Microsoft, X and Match Group filed a legal petition protesting Apple’s app store policies, objecting to how the tech giant has complied with a federal court ruling that ordered Apple to allow alternative payment methods. The four companies, which have some of the most popular apps on the app store, join Fortnite-maker Epic Games in protesting Apple’s plan to charge a commission for payments made outside the app store. The briefing underscores the extent to which Apple’s rivals and other technology players intend to continue fighting to force the iPhone maker to loosen its tight controls over third-party software.

19.03 / 19:13

UPS Reuters Platform NVIDIA wellness Meta Platforms Meta Ceo performer NOT Meta does not expect new Nvidia chips to arrive until at least next year

NEW YORK (Reuters) — Facebook owner Meta Platforms (NASDAQ:META) is not expecting to receive shipments of Nvidia (NASDAQ:NVDA)'s new flagship artificial intelligence chip this year, a Meta spokesperson told Reuters.

19.03 / 13:09

markets Google Platform Software NVIDIA Marvell Trade Meta Platforms Nvidia stock slides in premarket trading after unveiling new AI chip

Nvidia shares dipped in premarket trading on Tuesday after having more than tripled in value in the past year, as the dominant AI chip supplier unveiled its latest flagship product that is expected to further cement its lead in the industry.

19.03 / 12:11

Digital Platform coinbase Pfizer NVIDIA Healthcare Meta Platforms Bitcoin Nvidia, Meta Platforms, Coinbase fall premarket; Spire Global rises

Investing.com — U.S. futures slipped lower Tuesday, amid caution ahead of the start of an eagerly-awaited Federal Reserve policy-setting meeting.

12.03 / 10:49

markets COST UPS IPO Reddit Meta Platforms social reports Reddit Needs to Be OK Being Reddit

Reddit has curbed its own enthusiasm. It’s a start. The 18-year-old social network that is finally preparing to go public plans to sell 22 million shares at a price range of $31 to $34, according to updated initial public offering papers filed on Monday.

11.03 / 14:56

UPS Provident Platform Software Meta Platforms show reports Profiles The Trouble With Facebook Marketplace

Users of Facebook Marketplace say the once-straightforward process of buying and selling there has become anything but. Buyers say they’ve encountered counterfeit listings, payment cons or products that don’t match what was promised. When sellers are scammed, it’s often by a “buyer" showing fake payment confirmation, or they’re inundated by messages that ask, “Is this still available?" The Better Business Bureau’s Scam Tracker database is filled with hundreds of reports from Facebook Marketplace users who allege they fell prey to fraud on the platform.

10.03 / 03:49

Digital Google Platform Fighting TikTok wellness Meta Platforms European Commission reports Shein to face tough EU online content rules as users in region soar

Shein is set to face stricter EU online content rules after reporting a huge number of users, joining a group of companies that includes Meta Platforms, Alphabet's Google, Elon Musk's X and TikTok. The new rules, known as the Digital Services Act (DSA), classify companies with more than 45 million users as very large online platforms (VLOPs) and require them to do more to fight illegal and harmful content as well as counterfeit products on their platforms.

08.03 / 05:43

markets Google Software Marvell Broadcom Trade Meta Platforms reports Broadcom sees $10 billion in AI chip sales in 2024, but shares dip

Broadcom said on Thursday it expects $10 billion in revenue from chips related to artificial intelligence this year, but its stock dipped after the tech company's full-year forecast failed to impress investors.Smaller rival Marvell Technology's forecast revenue below market expectations, sending its stock down over 6% in extended trading. Both companies are being closely watched by investors who believe they will capture a piece of the boom in AI technologies such as OpenAI's ChatGPT or Google's Gemini.

01.03 / 14:45

Google Adobe Apple Netflix Research trends Trade Meta Platforms Once a Hot Stock-Market Trend Has a Name, Its Best Days Are Likely Past

Once a stock-market trend has been identified and named—think FAANG or the Magnificent Seven—the headiest gains are typically past. But riding a trend after it has been named can deliver market-beating returns for another year or so before the trade loses momentum and gives back some of the gains. To study the performance of named stock-market trends, my research assistants (Matthew Rickard and Camila Marín Builes) and I did a deep-dive on eight named trends over the past 10 years that were popularized by the mainstream media and covered by more than three such organizations.

Meta Platforms Financial News

popular questions about Meta Platforms

What is Meta Platforms and why is it gaining attention?

Where can I find the latest updates on Meta Platforms?

How can I verify the accuracy of information on Meta Platforms?