As volatility rocks the stock market, it may be easy to forget that we're just about to roll into the heat of earnings season. One report worth watching this earnings season is Facebook parent Meta Platforms (NASDAQ: FB), which will release its first-quarter results on April 27...
Continue ReadingFacebook-owner Meta has removed hacking campaigns, influence networks and scam operations amid the war in Ukraine, according to a report released on Thursday by the social media company, which also said it was reviewing additional steps to address misinformation from Russian government pages. "We're constantly reviewing our policies based on the evolving situation on the ground and we are actively now reviewing additional steps to address misinformation and hoaxes coming from Russian government pages," said Meta's president of global affairs, Nick Clegg, on a call with reporters. Russia has battled big tech companies to control online information flows after its invasion of Ukraine on Feb. 24, which Moscow calls a "special military operation."...
Continue ReadingRBLX stock has dropped 58% YTD on the back of rising interest rates and growing global uncertainty. It will remain subdued in the near term...
Continue Reading(Bloomberg) -- One of the most lavishly funded European video game startups of recent years, Improbable Worlds Ltd., said it can bridge the two technologies that venture capitalists are most excited about right now: blockchain and the metaverse. As a result, its backers committed about $150 million to Improbable’s new project, M².Most Read from BloombergCanada to Ban Foreigners From Buying Homes as Prices SoarMocked as ‘Rubble’ by Biden, Russia’s Ruble Comes Roaring BackUkraine Update: UN to Vot...
Continue Reading‘Social tokens’ or ‘reputation tokens’ could be awarded by the company for contributions in the metaverse...
Continue ReadingQQQ has performed very well in recent years, although it mostly moved in line with the broad market from 1999 to 2015. See if QQQ is a good buy...
Continue ReadingShopify is a tech-titan, and it has an incredible platform that enables businesses to sell online. Read more to see why I initiate a buy rating for SHOP stock...
Continue ReadingMeta Platforms is continuing to spend billions annually on Reality Labs with no indication that the R&D will payoff. See why I think Facebook needs Tim Cook...
Continue ReadingMeta Platforms, formerly known as Facebook, has had an about face in the last several months. Read more to see the pros and cons of buying FB stock...
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