Meta's stock soared after its first-quarter earnings report, but its metaverse unit lost $2.96 billion in the first three months of 2022...
Continue ReadingThe Dow Jones rallied. Mark Zuckerberg was bullish as Facebook parent Meta Platforms surged on results. Apple earnings are due...
Continue ReadingThe company added users to its family of social media platforms last quarter, helping calm investor fears...
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Continue ReadingMeta Platforms reported Facebook daily active users of 1.96 billion in the first quarter, higher than analysts' estimates and reversing a small decline in the December quarter...
Continue ReadingThe U.S. economy contracted at a 1.4% annual rate in the first quarter, as the trade deficit soared to a record high and inflation began to weigh on consumer demand...
Continue ReadingU.S. stocks shoot to session highs Thursday afternoon, with the Nasdaq Composite leading the way up, as technology stocks rally after results from Facebook parent Meta Platforms weren't as bad as feared...
Continue ReadingCould strong earnings be enough to build the case for these tech stocks?...
Continue Reading(Bloomberg) -- Snap Inc. has a replacement for the cheap phone stands and awkward outstretched arms of modern self-filming: a yellow, square-shaped flying camera drone that costs $230, weighs about a quarter of a pound and hovers around you to film you automatically.Most Read from BloombergFour European Gas Buyers Made Ruble Payments to RussiaA Powerful Dynasty Bankrupted Sri Lanka in Just 30 MonthsAmazon’s Twitch Seeks to Revamp Creator Pay With Focus on ProfitU.S. Economy Posts Surprise Contra...
Continue ReadingMeta Platforms stock jumped as the social media company reported first-quarter results after the market close that beat earnings estimates, but missed on revenue...
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