Meta Platforms Stock Upgraded
TD Cowen analyst, John Blackledge, has upgraded the rating of Meta Platforms Inc., the parent company of Facebook, from market perform to outperform. Along with this upgrade, he has raised the target price to $345 from ...
After the stock plunge
The fortune of Mark Zuckerberg, the head of Meta Corp. on Thursday decreased by $11 billion after a significant drop in the company's shares on the back of the publication of i...
Top companies in the world
Meta's capitalisation fell to $565bn at the end of yesterday's trading, putting it in 11th place.
Meta (formerly Facebook) has dropped out of the world's top 10 companies by market capitalisation, according to Bloomberg c...
Market today
US stock futures are trading higher on Friday, offsetting losses after falling on Thursday on escalating fears over a possible Russian invasion of Ukraine.
Major futures indices are expected to be up 0.5 per cent when the first bell ri...
Mark Zuckerberg in 12th place
Meta founder Mark Zuckerberg has slipped to 12th on the list of the world's richest people, amid a decline in his company's share price on Thursday. This is according to Forbes' real-time billionaire ranking.
His fortu...
Meta Platforms report and shares
Shares in Meta Platforms (FB), formerly Facebook, which has lost 10% in the past six months, fell 22.9% in after-hours trading on Wednesday after the social media giant released a disappointing 20...
Market today
US stock indices were volatile in the early hours of Wednesday morning before the opening of trading on Wall Street, with both the Nasdaq and S&P technology indices rising most of the night, but the Dow Jones rising late into the ni...
Cryptocurrency project
Meta (the owner of Facebook) sold its Diem project (formerly Libra) to Silvergate Bank. The corporation planned to launch its own cryptocurrency under this struc...
Schedule for the week
Stocks were very volatile last week and market analysts are predicting a further "transitional period".
The S&P 500, Dow Jones ended last week up 0.77%, 1.34% and the Nasdaq Composite was virtually unchanged, market volati...
Trump's social network
The social network initiated by former US President Donald Trump will be launched at the end of February. This is according to data posted on the AppStore.
Trump announced the creation of the TRUTH So...
Meta and Giphy
US company Meta has applied for a review of the UK Competition and Markets Authority's (CMA) decision to sell animated image service Giphy in order to comply with antitrust l...
Sale of advertising division
AT&T (T) will sell its advertising division to Xandr Microsoft (MSFT) for an undisclosed sum. The deal should benefit both companies and is indicative of AT&T's ongoing restructuring...
Record fine for Amazon
Amazon (AMZN) shares were down 1.13% on Thursday after the Italian antitrust authority handed Amazon a $1.28bn fine for abusing its dominant market position.
E-commerce&n...
Twitter shares
Shares of (TWTR) rose for the first time (up 5.7%) on Monday following news of Jack Dorsey's departure and new CEO Parag Agrawal. Cathie Wood's Ark Invest fund bought 1.1 million shares in Twitter following the management change. Here...
Demands from the UK regulator
To protect the interests of community media service providers and advertisers in the UK, the UK CMA invited US-based meta-platforms to sell its animated image service Giphy. The UK regulator announced this on Tuesday.
...
Earnings report cheers investors
Nvidia (NVDA) shares are rising again as the company's financial report and forecasts are generating investor enthusiasm. Falling sales of crypto processors have been offset by expectations of benefits from the devel...
IPO from Rivian
Electric car startup Rivian, backed by Amazon and Ford, has filed a new Form S-1 with the SEC, with a tentative share price to go public. In the IPO, Rivian hopes to raise $8.4bn. The success of Tes...
Stocks to buy
Experts of investment companies say: the fall of the stock market opens the most profitable stocks to buy.
AMD a stock to buy in any stock market downturn
Advanced Micro Devices (AMD) stock fell 8% in September, but has already made ...
Lower income than expected
Alphabet Google (GOOGL, GOOG) reported that revenue growth in the Google Cloud YouTube division lagged analysts' forecasts, despite strong performance in the featured ...
Buying back shares
Share buybacks are beneficial to investors because the fewer shares in circulation the more expensive and more valuable they are. 2021 will be the year with $1 trillion in share buybacks in the market.
After the COVID-19 pandemic...
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