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Rio De Janeiro, D5, based Investment company JGP Global Gestao de Recursos Ltda. (Current Portfolio) buys Meta Platforms Inc, Petroleo Brasileiro SA Petrobras, Twitter Inc, Exxon Mobil Corp, APA Corp, sells The Energy Select Sector SPDR Fund, DISH Network Corp, Elanco Animal Health Inc, MercadoLibre Inc, Freeport-McMoRan Inc during the 3-months ended 2021Q4, according to the most recent filings of the investment company, JGP Global Gestao de Recursos Ltda....
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Asian equities rose on Friday and were set for a weekly gain as strong earnings at Amazon.com boosted U.S. futures, while selling in bonds spread to Japan from other markets as investors reacted to hawkish signals from central banks in Europe...
Continue ReadingWhipsawed by Meta's poor results a day earlier, Snap Inc. reported its first quarterly profit as well as top- and bottom-line numbers that beat Street expectations on Thursday. The results turned around a recent stock slide, with shares surging as much as 61% in extended trading...
Continue Reading(Bloomberg) -- Amazon.com Inc. is giving the market back what Meta Platforms Inc. just took away -- or at least some of it. Most Read from BloombergMeta Erases $251 Billion in Value, Biggest Wipeout in HistorySpotify’s Problems Grow as More Artists Join BoycottGiuliani’s ‘Masked Singer’ Cameo Reportedly Prompts Walk OffMeta Faces Historic Stock Rout After Facebook Growth StalledZuckerberg Tells Staff to Focus on Video Products as Meta’s Stock PlungesThe e-commerce giant is poised to add nearly $...
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Australian shares edged higher on Friday to wrap up their best week in over a month, mainly driven by gains in technology stocks which rebounded after plummeting in the previous session...
Continue ReadingFacebook owner Meta loses record $232 billion in market value after ‘saying the quiet part out loud’
Shares of Meta Platforms Inc. tanked Thursday after the social-media company fell short with its quarterly outlook and outlined a laundry list of business pressures—from the rise of TikTok, to privacy changes made by Apple Inc., to macroeconomic constraints on ad spending...
Continue ReadingFutures rebounded as Amazon and Snap surged overnight after Facebook crashed. The jobs report is on tap...
Continue ReadingThe big question is when will it be Instagram's turn? One forecaster, Insider Intelligence, does not expect Meta Platforms Inc's Instagram social media service to lose users in the next three years. Instagram, which the tech giant acquired in 2012 for $1 billion, has been viewed as an antidote to slowing growth at Facebook, with revenue from ads on Instagram increasingly crucial to Meta...
Continue ReadingIs Mark Zuckerberg out of ideas? He's talking about video, again...
Continue Reading(Bloomberg) -- Yes the market got shanked Thursday, and yes Mark Zuckerberg just saw his personal wealth reduced by an amount roughly equal to Consolidated Edison. But none of it amounted to a repudiation of risk-taking at the peak of earnings season. Most Read from BloombergMeta Erases $251 Billion in Value, Biggest Wipeout in HistorySpotify’s Problems Grow as More Artists Join BoycottGiuliani’s ‘Masked Singer’ Cameo Reportedly Prompts Walk OffMeta Faces Historic Stock Rout After Facebook Growt...
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