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Farrer Wealth Advisors: “Meta (FB)’s Valuation are at Levels Where Selling Makes Little Sense”

Farrer Wealth Advisors, an investment management firm, published its “Farrer Wealth Managed Solution” first quarter 2022 investor letter – a copy of which can be downloaded here. This quarter was tough on the managed solution, and while the fund always expected its portfolio would suffer 30%+ drawdowns at some stage, they never thought it would […]...

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Stock Market News for Apr 29, 2022

Wall Street closed sharply higher on Thursday buoyed by strong first-quarter 2022 earnings results...

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Many tech stocks that have crashed are still too expensive to buy

REVOLUTION INVESTING I came across this list of crashed big cap tech stocks on Twitter on April 23: I’ve analyzed every one of those stocks over the last year. When thousands of stocks are down 70%-80% or even 90%, there are going to be some good bargains out there...

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Web3 Leads Metaverse Companies Into Brave New Virtual Worlds

Web3, which runs on blockchain, cryptocurrencies and non-fungible tokens, is getting major support as the third generation of the internet...

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Meta Soared on Earnings. Is It a Buy?

Meta Platforms (NASDAQ: FB) finally got some redemption Wednesday afternoon (April 27). On the bottom line, earnings per share fell from $3.30 to $2.72, but that still beat expectations at $2.56. Guidance was also modest, with management calling for $28 billion to $30 billion in revenue in the second quarter, which implies flat to 7.5% revenue growth and was worse than expectations at $30.6 billion...

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Dow Jones Futures Fall On Apple, Amazon After Market Rebound; Tesla Rises On Elon Musk Move

After Facebook led a big market rally, Apple fell and Amazon tumbled on earnings. Elon Musk disclosed Tesla stock sales...

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AAPL FB GOOGL MSFT

US STOCKS-Wall St set to open lower as Amazon, Apple results weigh

Wall Street was set to open lower on Friday as disappointing quarterly reports from Amazon and Apple pressured growth stocks, pushing the tech-heavy Nasdaq toward its worst month in two years...

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FB TSLA

Musk told banks he will rein in Twitter pay, make money from tweets -sources

Elon Musk told banks that agreed to help fund his $44 billion acquisition of Twitter Inc that he could crack down on executive and board pay at the social media company in a push to slash costs, and would develop new ways to monetize tweets, three people familiar with the matter said...

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AAPL FB

Meta Soared on Earnings. Is It a Buy?

Meta Platforms (NASDAQ: FB) finally got some redemption Wednesday afternoon (April 27). Shares of the beaten-down social media stock jumped 18% after hours, potentially signaling that the worst for the company may be behind it. Despite a double-digit pop, the results weren't as s...

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AAPL FB GOOGL MSFT

US STOCKS-Futures fall as Amazon, Apple results disappoint

U.S. stock index futures fell on Friday as disappointing quarterly reports from Amazon and Apple pressured growth stocks, pushing the tech-heavy Nasdaq toward its worst month in two years...

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