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Stock Market Up Despite GDP Decline; Facebook, PayPal Gain On Earnings

The stock market gained in spite of the fact that U.S. gross domestic product fell 1.4% in the first quarter, the first contraction in the U.S. economy since the Q1-Q2 2020 pandemic slowdown. Still, rising yields and a stronger dollar helped the markets...

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US STOCKS-Wall St rises as Meta earnings offset GDP worries

Wall Street's main indexes rose on Thursday as strong earnings from Meta Platforms lifted battered technology and growth stocks and offset concerns around a contraction in U.S. economic growth in the first quarter. The Facebook parent rose 14.3% after it reported a stronger-than-expected profit and the social-networking site eked out user growth. Apple Inc, the world's most valuable company, and e-commerce giant Amazon.com Inc both rose more than 2% ahead of their earnings later in the day...

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Facebook parent Meta's stock is soaring today — here's why

Shares of Facebook parent company Meta are booming following its Q1 earnings report...

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Facebook Stock Alert: Is the Earnings Rally Going to Last?

For now, it's helping give the market a boost ahead of earnings reports from Apple and Amazon , which are due up after the bell tonight. Overall, Meta stock had fallen almost 55% from the all-time high to yesterday's low. The stock has been crushed and was left trading at about 14 times this year's earnings estimate...

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Why Apple Stock Jumped Today

What happened Apple (NASDAQ: AAPL) stock beat the market Thursday morning, rising 3% by noon ET compared to a 0.2% increase in the S&P 500. The boost erased some of shareholders' recent losses, and the tech giant is beating the market so far in 2022...

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Meta Platforms' (FB) Q1 Earnings Beat Mark, Revenues Up Y/Y

Meta Platforms' (FB) first-quarter 2022 performance suffers from unfavorable foreign exchange, lower ad spending in Europe, negative impact of the Russia-Ukraine conflict and slowdown in e-commerce...

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Facebook parent Meta reports 21 per cent drop in profits, second consecutive quarterly decline

First-quarter profit has exceeded Wall Street’s expectations despite slower revenue growth...

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Robinhood, Apple, Amazon set to report earnings after the bell

Yahoo Finance's Jared Blikre breaks down how stocks are faring as companies report earnings and expectations for upcoming earnings from Robinhood, Apple, and Amazon...

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Facebook (Meta) Earnings: What Happened with FB

Facebook parent Meta's (FB) Q1 earnings beat analyst forecasts, while revenue missed. The number of monthly active people was below estimates...

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Facebook’s pivot to metaverse hardware ‘might be leading them astray’: EpyllionCo CEO

EpyllionCo CEO Matthew Ball joins Yahoo Finance Live to discuss earnings for Meta, extended reality, a metaverse ETF, and the outlook for companies in the metaverse...

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