Investors are still trying to come to grips with that double whammy of nosebleed consumer prices and 100-basis-point increase talk from St. Louis Federal Reserve President James Bullard. Read: Oil is ...
Tag: FB
Asana CEO Has Bought $1 Billion of Company Stock in Historic Buying Spree
Text size Asana co-founder and CEO Dustin Moskovitz has bought more than $1 billion worth of the company’s stock since last June. Courtesy Asana In what is likely the most aggressive run of insi...
Facebook Stock Is Rising. Today’s the Day It Might End Its Slide.
Text size Mark Zuckerberg, CEO of Meta Platforms Alex Wong/Getty Images Wednesday just might be the day that shares of Meta Platforms , the parent company of Facebook and Instagram, bounce off rock bo...
Opinion: Trump-related SPACs surge, then fall, as retail investors have their own Joe Rogan experience
Joe Rogan’s podcast future is up in the air, and — for a few hours on Monday — so were the stock prices of some MAGA SPACs. Shares in CF Acquisition Corp VI CFVI, +18.17% soared as high as 39.7% in la...
Nvidia becomes 7th-largest U.S. company as it passes Facebook owner Meta for the first time
Nvidia Corp. became the seventh-largest U.S. company Monday as it overtook Facebook parent Meta Platforms Inc. for the first time. A reshuffling among the ranks of the most valuable U.S. companies ref...
Why Alphabet, Nvidia, and Others Belong in the Dow Jones Industrials
The Dow Jones Industrial Average, launched in 1896, has trailed the S&P 500 index of late. That could change if Alphabet , which said on Tuesday that it would split its stock 20-1 (cutting shares ...
These two S&P 500 stocks had their worst weeks ever
PayPal Holdings Inc. and Meta Platforms Inc. are both going through business transitions, prompting many investors to run for the hills. Shares of PayPal PYPL, +1.43% and Facebook-parent Meta FB, -0.2...
Snap Stock Had Its Best Day Ever. It Doesn’t Have All of Facebook’s Problems.
Text size Snap said daily active users grew 20% year over year during the fourth quarter to 319 million. Dreamstime Snap stock rocketed higher Friday after the Snapchat parent reported a surprise prof...
Snap earnings spark stock rally that’s so big, it’s making people nervous
A stock moving more than 50% higher in a single session is normally cause for celebration on Wall Street, but Snap Inc.’s big rally Friday was met with skittishness. Shares of the Snapchat parent comp...
Cryptos Could Be a ‘Speculative Mania,’ Economist Eswar Prasad Says
Discussions with central bankers at a conference a couple of years ago prompted economist Eswar Prasad to start writing what he anticipated would be a slim volume on how digital currencies could affec...
Stocks’ Rally Looks Nice. Here’s Why You Should Put It on Ice
Text size Dreamstime For the stock market, this past week had the feel of steering out of a spin after hitting an ice patch—and driving away safely. Unfortunately, the road ahead may be even more trea...
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...
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,...
Rivian Rescued Amazon Earnings—but Not Ford’s. Here’s Why.
Text size Courtesy of Rivian Amazon.com ‘s huge earnings beat was huge, but it wasn’t driven by consumer shopping or its cloud business. It was mostly driven by gains from its holdings of Rivian Autom...
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 ...
How Rivian Rescued Amazon Earnings–But Not Ford
Text size Courtesy of Rivian Amazon.com ‘s huge earnings beat was mostly driven by gains from its holdings of Rivian Automotive stock. Ford Motor owns Rivian stock too. Like Amazon , it reported bette...
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...
Stocks Plunge After Facebook’s Massive Sell-Off, Nasdaq Falls 3.7%
Topline The stock market fell on Thursday—its first down day in five sessions—as investors once again dumped shares of tech stocks, which were under pressure after Facebook parent Meta Platforms repor...
Facebook Faces An ‘Existential Moment’ After $230 Billion Stock Crash
Topline Shares of Facebook-parent Meta fell over 25% on Thursday—erasing over $230 billion in market value for its worst trading session in history—after the company’s dismal quarterly earnings report...
Meta Platforms Enters Oversold Territory
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a tec...
Tech Stocks Plunge After Facebook’s Massive Earnings Miss, Nasdaq Falls 2%
Topline The stock market fell on Thursday—its first down day in five sessions—as investors once again dumped shares of tech stocks, which were under pressure after Facebook-parent Meta Platforms repor...
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...
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...
Fidelity Wants a Piece of the Crowded Field of Metaverse ETFs
Text size Dreamstime Fidelity is trying to make a push into the metaverse. The fund giant filed an application with the Securities and Exchange Commission on Friday for an exchange-traded fund called ...
Shopify’s Revenue Could Climb Sharply in the Next 5 Years
Text size Shopify went public in 2015 at $17 a share. It now trades around $853. Dreamstime Shopify , the e-commerce software company, is miles ahead of its competitors in helping merchants all over t...
Peloton and Netflix Stocks Have Fallen. Here’s How Best to Play It.
One bank says to use the recent growth-stock selloff to buy shares of Alphabet . Another says Amazon.com and Facebook owner Meta Platforms . A third is going in a different direction and picking all t...
Warren Buffett Leapfrogs Mark Zuckerberg as Tech Slump Shakes Up Rich List
Text size Berkshire Hathaway CEO Warren Buffett. Paul Morigi/Getty Images for Fortune/Time Inc. Tech stock investors nursing heavy losses so far this year may want to seek solace with a quick glance a...
A Big Tech Trade Is Losing Its Luster
The stock market’s popular FAANG trade is starting to show cracks. Investors say they are reconsidering their approach to trading big technology stocks after a week marked by giant swings in share pri...