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META EARNINGS REPORT
Meta’s bigger budget, Tesla’s smaller one leave Wall Street uneasyInvestors question how Meta will fund its AI push and whether Tesla’s smaller budget can deliver Musk’s ambitions.
Japan’s Nikkei falls over 1% as Wall Street tech selloff rattles marketsJapan’s Nikkei 225 falls as a Wall Street tech sell-off weighs on semiconductor and AI-linked stocks. Concerns over valuations and spending...
US stock market today: Why have Nasdaq, S&P 500 slipped to lowest in months? Reasons behind Meta, Tesla, CoreWeave, Intel stock price fall, check top performing stocksUS Stock Market today: Chipmakers Western Digital, Intel, ADM , Sandisk, and Marvell all posted steep percentage losses amid the broader se...
Steep bill for AI buildout punishes Meta, other tech favoritesInvestors sold shares of Meta Platforms and a wealth of companies central to the AI trade, a day after Meta -- one of the so-called hypersc...
Rhode Island sues Meta over alleged tolerance for scam advertisingThe suit, filed by Rhode Island Attorney General Peter Neronha in Providence Superior Court, accuses Meta of unlawfully profiting from and ...
Meta stock price: Why are Meta shares down today? Facebook, Instagram parent may witness USD 50 billion wipe out from company's market value despite strong quarterly revenueMeta share price: Facebook, Instagram parent is spending heavily to support its AI plans, with an expected annual capital expenditure forec...
Meta falls as investors balance Muse growth with rising AI costsShares of Meta Platforms fell about 3% in premarket trading on Thursday, as investors weighed the benefits of the company's fast-growing AI...
Meta falls as investors balance Muse growth with rising AI costsShares of Meta Platforms declined in premarket trading as investors evaluated costs against growth in the AI sector and faced legal hurdles...
Meta beats expectations but legal penalties hit profit amid AI raceMeta beat investor expectations for third-quarter revenue on Wednesday as it doubles down on a global AI race but the social media giant's ...
Global Market Today: Asian stocks mixed as oil rally, AI concerns weigh on sentimentContracts for the Nasdaq 100 Index slipped 0.6% and those for the S&P 500 dropped 0.4% in early Asian trading following a split set of resu...
Meta stock: Facebook, Instagram parent stock price rises after tech giant announces new types of shares. All you may want to knowMeta posted diluted earnings per share of $3.83 in the quarter, a figure that would have been $7.40, had it not been for a $9.89 billion ch...
Global Market Today: Asian shares, US futures rise on AI-trade revivalThe MSCI Asia Pacific Index climbed 0.6% with shares gaining in South Korea and Japan. The Kospi Index rose 1.9%, rebounding after one of t...
Meta’s AI spending and Muse adoption set to test Zuckerberg’s strategyMeta's upcoming third-quarter results will reflect its significant investments in artificial intelligence technologies and products. The co...
US stocks today: US stocks gain as healthcare stocks hit record high, oil prices fallWall Street's main indexes saw increases driven by a rally in healthcare stocks that reached record highs. Easing oil prices contributed to...
Meta's AI spending, Muse assistant adoption in focus for quarterly resultsMeta is gearing up to unveil its third-quarter earnings, driven mainly by notable investments in AI and the innovative Muse assistant. Rece...
Tech under pressure on AI jitters, dollar slips: Markets wrapSouth Korea’s Kospi Index — a bellwether for AI investments — dropped 3.5%, with chip heavyweight SK Hynix Inc. heading for its lowest clos...
The Social Reckoning: Looking back at Facebook’s 2021 controversy and where Meta stands todayAaron Sorkin’s latest film focuses on Facebook's past controversies and the implications of its business model. The story centres around wh...
US Market: Wall Street’s AI rally faces test as Meta earnings loomWall Street’s AI-driven rally faces a crucial test as Meta, semiconductor makers and major companies report quarterly earnings. Investors w...
Global Market Today: Asian shares fall as AI spending worries weigh on sentimentA fall in oil prices offered some support to bonds and Wall Street stock futures, limiting Asia's losses. Oil fell following US President D...
Wall Street Week Ahead: As AI rally wobbles, stock market's spotlight turns to earningsInvestor confidence in the market is wavering due to recent declines in AI-linked stocks and semiconductor firms. Upcoming quarterly result...