Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., February 15, 2022. Brendan McDermid | Reuters (Click here to subscribe to the new Delivering Alpha newsletter.) ...
Tag: Meta Platforms Inc
Inflation has knocked back the market. Here are the key S&P 500 and tech stock levels one strategist fears.
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 ...
The risks and rewards of investing in the metaverse real estate boom
There’s a land rush happening — and it’s not in New York City or Beverly Hills. Early speculators, professional real estate agents, and celebrities are buying up land that doesn’t ev...
GM, Meta and Frito-Lay lean into nostalgia
Big brands that have in some cases sat out for years the TV advertising frenzy around the biggest US sporting event — the Super Bowl — are returning Sunday and spending big amid record ad ...
Expedia CEO Peter Kern says metaverse doesn’t pose a threat to ‘real-verse’ travel
Expedia Group CEO Peter Kern told CNBC on Friday he’s not worried about customers abandoning actual travel for a virtual-reality alternative. “I don’t see [the metaverse] as a compet...
Immerse Yourself In The Metaverse With These Three Stocks
. The metaverse and what it is may be difficult to comprehend, as there really is not one good or service that fully encompasses its meaning. In short, the metaverse is a way in which users will be ab...
Crypto infrastructure start-up Alchemy tops $10 billion valuation
Alchemy CTO Joe Lau, Alchemy CEO Nikil Viswanathan, Google Chairman, former Stanford President and Alchemy Investor John Hennessy Alchemy Crypto start-up Alchemy has nearly tripled its valuation in a ...
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...
Take-Two, Simon Property, Chegg & more
James Tahaney loads textbooks on to a pallet in preparation for shipping at the Chegg warehouse in Shepherdsville, Kentucky, April 29, 2010. John Sommers II | Bloomberg | Getty Images Check out the co...
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...
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 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...
Amazon, Snap, Ford, Clorox and more
The Amazon logo is seen at the company logistics center in Lauwin-Planque, northern France. Pascal Rossignol | Reuters Check out the companies making headlines in midday trading. Amazon — Shares of Am...
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 ...
Jim Cramer says don’t buy the dip in Facebook parent Meta just yet
CNBC’s Jim Cramer on Thursday reiterated his long-term confidence in Facebook parent Meta Platforms, but said investors who want to take advantage of the stock’s post-earnings plunge shoul...
Eli Lilly, Honeywell, Biogen and others
Check out the companies making headlines before the bell: Eli Lilly (LLY) – The drugmaker beat estimates by 3 cents with adjusted quarterly earnings of $2.49 per share, while revenue beat forecasts as...
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 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...
Stocks making the biggest moves after the bell: Facebook, Qorvo & more
A smartphone with Facebook’s logo is seen in front of displayed Facebook’s new rebrand logo Meta in this illustration taken October 28, 2021. Dado Ruvic | Reuters Check out the companies m...
Nasdaq futures rise after its third day of gains, Alphabet gains on strong earnings
Traders work on the floor of the New York Stock Exchange at the opening bell January 25, 2022. TIMOTHY A. CLARY | AFP | Getty Images Nasdaq futures rose in overnight trading on Tuesday, after the tech...
Metaverse real estate sales top $500 million, MetaMetric Solutions says
Sales of real estate in the metaverse topped $500 million last year and could double this year, according to investors and analytics firms. Real estate sales on the four major metaverse platforms reac...
Best Buy could cash in from rise of the metaverse, analyst says
Customers wait outside of a Best Buy store in downtown Toronto, Ontario on November 23, 2020 to pick up their online orders. Geoff Robbins | AFP | Getty Images As companies and consumers grow more int...
5 things to know before the stock market opens Monday, Jan. 31
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Wall Street looks lower on final day of dismal January trading Traders work on the floor of the...
Hollywood is betting big on TikTok talent in bid to woo Gen Z
In this photo illustration a TikTok logo seen displayed on a smartphone with stock market percentages in the background. SOPA Images | LightRocket | Getty Images When TikTok creator Boman Martinez-Rei...
Have your buy list ready for ‘hideous moments’
CNBC’s Jim Cramer on Friday previewed next week’s major corporate earnings reports after Wall Street capped off a wild week filled with major intraday moves for the major U.S. stock indexe...
College Cuber makes $8,000 mosaics of sports stars from cubes
Dylan Sadiq, known as “The College Cuber” charges $8,000 for his mosaics made of cubes. Pro teams including the NBA’s Detroit Pistons have purchased the artwork. Courtesy: Dylan Sadi...
Walmart is quietly preparing to enter the metaverse
A shopper carries a bag outside a Walmart store in San Leandro, California, on Thursday, May 13, 2021. David Paul Morris | Bloomberg | Getty Images Walmart appears to be venturing into the metaverse w...
NBA games in virtual reality have potential. Here’s what watching one is like
Jabari Young wearing the Oculus Quest 2 device. Source: Jabari Young Boston Celtics head coach Ime Udoka popped up from the team bench, and before I knew it, he was blocking my view. Indiana Pacers co...
Robinhood says it will offer permanent remote working to most employees
Baiju Bhatt and Vlad Tenev attend Robinhood Markets IPO Listing Day on July 29, 2021 in New York City. Cindy Ord | Getty Images Stock trading app Robinhood said Wednesday will let most of its 3,400 pe...
DoorDash, Didi, Philips and others
Check out the companies making headlines before the bell: DoorDash (DASH) – The stock added 2.6% in the premarket after Evercore upgraded it to “outperform” from “in line.” Eve...
Goldman-backed digital bank Starling boycotts Meta over scam ads
The Facebook and Instagram logos displayed on a smartphone with the Meta Platforms logo pictured in the background. Igor Golovniov | SOPA Images | LightRocket | Getty Images LONDON — British digital b...
Weekend reads: Inflation fear and opportunities for investors
U.S. consumer price inflation rose to a 40-year high of 7.5% in January. That pace is running way ahead of wage growth, and the official figures can mask even more pain, depending on a family’s circum...