This social-media stock plunges 20% today as unexpected tax charges and rising AI spending shake investor confidence — Facebook, Instagram, and WhatsApp growth sparks market concernPinterest stock plunged 20% after reporting weak Q3 2025 earnings and issuing a disappointing holiday outlook. The social media giant’s adj...
06 Nov, 2025, 04.38 AM IST
Pinterest slumps after flagging soft ad spend in major market USThe company, known for curating links to lifestyle products such as home decor, fashion accessories and beauty items, saw a 25% decline in ...
08 Aug, 2025, 07.07 PM IST
Ahead of Market: 10 things that will decide D-Street action on FridaySensex on Thursday surged 487 points to settle at 74,339. NSE Nifty advanced 168 points to close at 22,570. Nifty formed a bullish engulfin...
25 Apr, 2024, 09.21 PM IST
Nasdaq, S&P 500 climb on tech earnings cheer; strong jobs data weighsU.S. job growth accelerated in January and wages increased by the most in nearly two years, signs of persistent strength in the labor marke...
02 Feb, 2024, 10.46 PM IST
US stock market: S&P 500, Nasdaq climb as strong earnings offset slowdown worries, Fed meeting in focusUS stock indexes rose with Exxon and Intel's strong earnings reports counterbalancing Amazon's slowdown, while economic data cemented predi...
29 Apr, 2023, 09.37 AM IST
Alphabet, Microsoft spark $400-billion megacap routAlphabet now has reported three straight quarters of disappointing earnings per share, according to data compiled by Bloomberg, the longest...
27 Oct, 2022, 11.36 AM IST
S&P 500, Nasdaq slide as weak economic data, dire outlooks stoke recession fearsAll three major U.S. stock indexes pared their losses in afternoon trading, with the blue-chip Dow turning positive. Even so, the S&P 500 e...
25 May, 2022, 07.25 AM IST
Oh Snap! Social media stocks lose billions after Snapchat parent warningThe company was on track to lose $15 billion in market capitalization, while shares of major online advertisers and social-media firms were...
24 May, 2022, 09.34 PM IST
Is Meta turning into a value stock after crash?Meta is now trading akin to a “value” stock, one that’s cheap on measures such as earnings or book value, rather than a more expensive “gro...
06 Feb, 2022, 10.03 AM IST
Meta shares crash 26% in biggest single-day wipeout in historyThis quarter’s sales forecast also disappointed Wall Street and Chief Executive Officer Mark Zuckerberg, who saw his personal wealth potent...
04 Feb, 2022, 06.33 AM IST
Facebook parent Meta Platforms sheds $200 billion in market valueFacebook's global daily active users declined from the previous quarter for the first time, to 1.929 billion from 1.930 billion.
03 Feb, 2022, 12.56 PM IST
Meta shares plunge 20% as Facebook feels heat from Apple and TikTokThe after-hours slump in Meta shares vaporized $200 billion worth of its market value, with another $15 billion in value lost from peers Tw...
03 Feb, 2022, 06.54 AM IST
Wall St posts 4th straight gain, Meta earnings rattle social media after hoursThe Dow Jones Industrial Average rose 224.09 points, or 0.63%, to 35,629.33, the S&P 500 gained 42.84 points, or 0.94%, to 4,589.38 and the...
03 Feb, 2022, 06.46 AM IST
Wall Street rallies on strong economic data; tech in focusThe bounceback follows a sell-off on Thursday when reports that U.S. President Joe Biden plans to almost double the capital gains tax spook...
24 Apr, 2021, 11.38 AM IST
Lockdown winners fade as reopen trade roars after Covid dataZoom Video Communications Inc. plunged 16% in early trading, while Peloton Interactive Inc. slumped 13% and Netflix Inc. was down 5% as inv...
09 Nov, 2020, 08.14 PM IST
Indian angels aim for sky in US startup ecosystemIndia-based angels have also backed up and coming ventures such as app analytics platform App Annie, drone logistics network Matternet, aut...
22 Jan, 2020, 09.26 AM IST
Uber's hype dissolves and IPO joins ranks of Wall Street flopsUber’s losses last year totaled $3.04 billion on an operating basis, with revenue of $11.3 billion. Its total operating losses over the pas...
13 May, 2019, 09.25 AM IST