Facebook Tumbled After Earnings. Now, Should You Buy or Sell Meta Stockk?

Challenges are rising for Meta Platforms—and they’re no longer just about Facebook’s legacy business. Justin Sullivan/Getty Images Text size Suddenly, investors are giving Facebook a big thumbs down. ...

Tech Stocks to Buy After a Crazy Week of Earnings

Amazon stock was up almost 14% on Friday after the company reported solid earnings and said it was raising the price of its Prime membership for the first time since 2018. Alexi Rosenfeld/Getty Images...

Metaverse: the impact on sport and entertainment

How could the metaverse, with its combo of Augmented Reality (AR), Virtual Reality (VR) and Blockchain technologies for NFTs (Non-Fungible Tokens), have an impact on the sports and entertainment indus...

AT&T Spent a Decade Buying Things. Now It’s Cleaning House.

Illustration by Elias Stein Text size AT&T cast light on its pending spinoff of WarnerMedia to Discovery this past week—a big step toward putting a decade of misguided mergers and acquisitions beh...

Amazon May Have Saved the Stock Market. But It’s Looking Even Worse for Meta.

After Meta Platforms’ disastrous earnings outlook, the mood was pretty sour. And with investors weighing up the Federal Reserve’s future path for interest rates and the potential impact on valuations,...

This way of picking value stocks has actually worked — and Berkshire Hathaway screens the best

Amazon.com’s earnings surprise is the story of the day, pushing even the jobs report into second billing. More on that in a second. But the broader story of the markets is unchanged. Interest rates ar...

‘Mattress Mack’ places record-setting bet on Bengals

Jim McIngvale, better known as “Mattress Mack,” said he drove 100 miles from Houston to cross the border into Louisiana on Thursday to make what’s believed to be the largest mobile s...

Pinterest posts first full-year profit and reaches more than $2 billion in sales in 2021, sending stock soaring

Pinterest Inc. stock surged in extended trading Thursday after it reported a couple of firsts: a full-year profit and more than $2 billion in annual revenue. Pinterest PINS, -10.32% shares rose 21% af...

AT&T’s Dividend Cut Puts It in an Unenviable Club

A company cutting its dividend after a spinoff is uncommon, but not unprecedented. The longer-term outcomes can vary markedly. AT&T (ticker: T) joined this club on Tuesday, when it said it expects...

How The LABEL Foundation Spearhead The Transformation Of Entertainment

Non-Fungible Tokens (NFTs) seem poised to usher new experiences between consumers and products across multiple sectors. So far, the trillion-dollar entertainment industry, as expressed by representati...

How The LABEL Foundation NFTs Infrastructure Will Lead The Entertainment Industry To Its Next Stage

For far too long big corporations have dominated the entertainment industry by keeping total control over consumers and content creators. Blockchain, the technology that powers cryptocurrencies, and N...

LABEL Foundation, a Novel DAO Mechanism, Introduces Web3 to Entertainment Segment

Vladislav Sopov LABEL Foundation changes the narrative in content distribution for better content management Amid another wave of NFT euphoria, LABEL Foundation is developing a user-friendly endpoint ...

Facebook wasn’t Thursday’s only big loser — these 16 other Nasdaq-100 stocks dropped at least 5%

Thursday was brutal for technology stock investors, as the carnage spread far beyond the parent company of Facebook. Below is a list of the worst 20 performers among the Nasdaq-100 on Feb. 3., led by ...

Amazon Stock Soars on Good Enough Earnings. The Price of Prime Is Going Up.

Amazon . com reported strong fourth-quarter results on Thursday, driven by strong growth in both its AWS cloud unit and its growing advertising business. The results could be a relief to some investor...

LABEL Foundation Will Revolutionize Entertainment Industry in Web 3.0 Era

As the first month of 2022 draws to a close, many would agree that NFTs became a brand new way of ownership of an asset on the internet space. As groundbreaking a year for NFTs as 2021 was however, it...

Online car retailer Vroom goes from dark to Broadway musical in new Super Bowl ad

Online used-car retailer Vroom will advertise during the Super Bowl for a second consecutive year, with the help of “La La Land” dance choreographer Mandy Moore. The 30-second spot called ...

Snap and Pinterest Sink After Meta’s Big Miss. Both Report Earnings Thursday.

Text size nikkimeel/Dreamstime Shares of Snap and Pinterest and pretty much all social media stocks were falling sharply Thursday after Meta Platforms , the parent of Facebook, reported weaker-than-ex...

Why the Winners and Losers of Meta’s Earnings Will Become Clearer Today

Facebook ‘s parent company is definitely one of the most unfriended on Wall Street right now. Meta Platforms (ticker: FB), which owns Facebook, Instagram, and WhatsApp, is seeing its stock go into fre...

LABEL Foundation Looks to Revolutionise the Entertainment Industry in the Era of Web 3.0 – Press release Bitcoin News

press release PRESS RELEASE. As the first month of 2022 draws to a close, many would agree that NFTs became a brand new way of ownership of an asset on the internet space. As groundbreaking a year for...

Opinion: Meta CFO cries ‘wolf’ again with bleak Facebook outlook — but he may be right this time

Chief Financial Officer David Wehner has warned of impending financial doom at Facebook so many times that this column has dubbed him “the Chicken Little of Silicon Valley.” But this time, the sky may...

Facebook Parent Meta Ramped Up Stock Buybacks at a Bad Time

Text size Meta’s record $19.2 billion of share repurchases in the fourth quarter amounted to 2% of the company’s shares outstanding. Mandel Ngan/AFP via Getty Images Mark Zuckerberg picked...

Facebook parent Meta stands to shed more than $200 billion in market value after rough earnings report

Shares of Facebook parent Meta Platforms Inc. plunged more than 20% in extended trading Wednesday after detailing a holiday-earnings miss, weak guidance and intensifying competition. Meta FB, +1.25% s...

CNN President Jeff Zucker Resigns, Citing Relationship With Colleague

CNN President Jeff Zucker has resigned from the cable news network, citing his failure to disclose a consensual relationship with a close colleague, according to an email he sent to staff on Wednesday...

SeaWorld’s bid for Cedar Fair makes sense, but it may have to pay more

Guests ride the Bayside Skyride at SeaWorld on July 20, 2021 in San Diego, California. Daniel Knighton | Getty Images Entertainment | Getty Images Theme park experts aren’t surprised that SeaWor...

AMC to raise $500 million in bond sale as it seeks to refinance debt

An AMC theatre is pictured in Times Square in the Manhattan borough of New York City, New York, June 2, 2021. Carlo Allegri | Reuters Movie theater chain AMC Entertainment plans to sell $500 million i...

Bear Grylls on why there’s more to life than good grades

Global survival expert and adventurer, Bear Grylls, has told CNBC that role models including his own father taught him that there was more to life than just top grades. “I feel in many areas, I ...

Google could challenge for $2 trillion market cap after earnings, stock-split news

Google parent Alphabet Inc. headed toward a couple of elusive marks Tuesday evening, after disclosing earnings and plans for a stock split: A $3,000 share price and $2 trillion market cap. Alphabet sh...

AT&T, AMC Entertainment, UPS and more

Take a look at some of the biggest movers in the premarket: AT&T (T) – AT&T announced plans to spin off its stake in the WarnerMedia/Discovery Communications (DISCA) combination to its shareho...

AMC Entertainment up 15% after announcing fourth-quarter financials

AMC Entertainment Holdings (NYSE: AMC) up 15% after announcing its fourth-quarter preliminary results for 2021 in anticipation of potential investor meetings. These are unaudited results, subject to t...

AT&T Is Getting Closer to a Clean Slate. Here’s What Comes Next.

Text size After a saga of misguided M&A, there’s still work to be done for AT&T. Patrick T. Fallon/AFP via Getty Images AT&T shed some light on its pending exit from the media business on ...

Play-to-Earn Games Introduced to Japan via Digital Entertainment Asset Pte. Ltd. (DEA) and BITPOINT

Place/Date: Tokyo, Japan – February 1st, 2022 at 4:55 pm UTC · 3 min read Contact: Honami Soeda, Source: DEA  Singaporean blockchain gaming and entertainment company Digital Entertainment Asset ...

Exxon Mobil, AMC Entertainment, UPS and more

A medical worker wearing a mask walks near the AMC movie theater in Times Square amid the coronavirus pandemic on May 7, 2020 in New York City. Alexi Rosenfeld | Getty Images Check out the companies m...