Shares of Meta Platforms Inc. slid 1.14% to $560.68 Monday, on what proved to be an all-around rough trading session for the ...
Investors continue to be nervous about the company's spending.
And heading into the company’s third-quarter earnings report, investors might have some flashbacks to the one that took place ...
The company posted $40.59 billion in sales, an all-time high that slightly beat Wall Street's view. Higher AI capex could ...
Meta and Snap are both countering ByteDance's TikTok with their own short video platforms. Meta's Reels seems to be gaining ...
Meta posted third-quarter earnings after the closing bell, topping expectations with its results but talking up continued ...
Drops for Big Tech companies including Microsoft and Facebook's parent company Meta Platforms led Wall Street lower ...
The Dow Jones Industrial Average fell more than 250 points Thursday mid-morning, alongside sharp Nasdaq and S&P 500 declines, ...
Meta stock is lower Thursday as concerns over the social media giant's increased spending offset a third-quarter earnings and ...
Meta delivered a beat on its third-quarter earnings, though user growth was lower than expected. It also expects AI costs to increase into 2025.
While I expected META stock to fill out the gap at $400-450 in the near term, a ~16% post-ER plunge to the low-$400s was definitely not on my prediction list for the Q1 earnings season.
Meta beat analysts' Q3 top- and bottom-line estimates for the quarter, but heavy spending plans sent shares lower.