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Tag: Meta Platforms
Facebook Changed Name, Now Changing Ticker. What It Means for the Stock.
Text size Meta Platforms follows a number of high-profile companies that changed their ticker symbols. Fabrice Coffrini/AFP via Getty Images Meta Platforms , formerly known as Facebook , is taking the...
Apple Needs to Show Some Spark as Shoppers Favor Services Over Stuff
Customers at the Apple Store in Grand Central Terminal in New York City earlier this year. Getty Images Text size As Apple prepares to upgrade its products, there are two distinct trends hitting the e...
AMD, Pfizer, NIO, DocuSign, Campbell Soup, and Other Stocks for Investors to Watch This Week
It’s a relatively quiet week on the earnings calendar. Highlights will include J.M. Smucker on Tuesday, Campbell Soup on Wednesday, and DocuSign, NIO, and Vail Resorts on Thursday. Pfizer also hosts a...
Google’s Owner Paid $296,000 to a Typical Worker. Here’s What Other Firms Pay
With a booming economy and a tight job market, median pay rose last year for most S&P 500 companies, according to a Wall Street Journal analysis. Google parent Alphabet and Facebook Meta Platforms...
Relief at the Pump Could Come Soon. Thank Saudi Arabia.
Justin Sullivan/Getty Images Text size Oil prices fell Thursday after the Financial Times reported that Saudi Arabia was ready to increase output as more sanctions on Russia threaten global oil supply...
Meta’s Sheryl Sandberg Is Stepping Down
Text size Meta Chief Operating Officer Sheryl Sandberg joined Facebook in 2008. Mandel Ngan/AFP via Getty Images Meta ’s Sheryl Sandberg is stepping down as chief operating officer of Facebook’s paren...
Broadcom’s Meta Pact May Mean a Billion Dollars a Year, Says J.P.Morgan
Text size A Broadcom Corp. Tomahawk chip. David Paul Morris/Bloomberg J.P.Morgan believes chip maker Broadcom will be a big beneficiary of the metaverse. On Tuesday, analyst Harlan Sur said Broadcom (...
Micron, Netflix, and 5 Other Beaten-Up Tech Stocks That Could Be Bargains
Text size Meta Platforms’ advertising business has faced challenges from TikTok and Apple’s privacy changes. David Paul Morris/Bloomberg This year has been brutal for U.S. stocks, but that...
Looking for $100,000 Salary? See How Much the Biggest U.S. Companies Pay Workers
By John Stensholt and Nate Rattner May 31, 2022 7:00 am ET Wages for the median workers at the majority of big American companies are higher than they were before the pandemic, with the tight job mark...
Microsoft Joins the Tech Sector Hiring Slowdown
Text size The news comes after the tech giant said it would nearly double its worldwide budget for staff. Lisa Maree Williams/Getty Images Microsoft said it is going to slow hiring in select division...
7 Beaten-Up Tech Stocks That Could Be Bargains
Text size Meta Platforms’ advertising business has faced challenges from TikTok and Apple’s privacy changes. David Paul Morris/Bloomberg This year has been brutal for U.S. stocks, but that...
Stocks to Buy Now: Alphabet, Facebook, and 4 More Bargains
When the stock market gets pounded, bargains abound—or so it seems. But in a bear market, the key to investing success is separating the thoughtlessly discarded from the overpriced junk. With about tw...
If There’s a Recession Coming, Not Even the Fed Could Stop It Now
The word recession is on the tip of everyone’s tongue. Influential investor and philanthropist George Soros is talking about it in Davos. The Federal Reserve, on the day minutes are published, is cons...
The Market Is Melting Down and People Are Feeling It. ‘My Stomach Is Churning All Day.’
The last time Todd Jones heard this kind of panic in his clients’ voices, it was 2008 and the global financial system was on the brink of collapse. Mr. Jones, the chief investment officer at investmen...
Meta, Uber and Other Internet Stock to Buy After the Big Market Drop
Text size Uber shares are attractive after a 44% decline this year, an analyst says. Justin Sullivan/Getty Images Internet stocks have tumbled worse than the general market as investors have worried a...
Tech Stocks Face A New Risk in the Coming Months
Text size *** ONE-TIME USE *** People walk on a street past a business on May 12, 2022 in New York City. Spencer Platt/Getty Images Tumbling technology valuations have consequences. The selloff is pus...
The Companies Cutting Staff, Freezing Hiring or Slashing Costs: See the List
Companies which saw substantial growth during the Covid-19 pandemic are starting to take a more cautious approach toward hiring and spending. From Peloton Interactive Inc. and Meta Platforms Inc. to T...
Chris Davis Whittles Down Top Holding Wells Fargo, Adds To Meta Platforms Stake
Summary The guru reduced his holdings of Wells Fargo WFC and American Express AXP . Davis also increased his positions in Meta Platforms FB , Viatris VTRS and Coupang. Chris Davis (Trades, Portfolio),...
FAANG Stocks Are Crumbling. Why the Pain May Not Be Over.
Shares of Meta Platforms, Facebook’s parent company, are off by more than 40% so far this year. Nick Otto/Bloomberg Text size There has been no refuge for technology investors this year. And it ...
Coinbase Stock Keeps Sliding After Earnings Report
The biggest cryptocurrency exchange in the U.S. said it was bleeding users, reflecting continued destruction in the crypto market and investors’ unease about risky assets. Coinbase Global Inc. COIN -1...
More Bad Times Ahead for These 6 Big Tech Stocks
Text size Amazon stock is down 35% this year. Sebastien Bozon/AFP via Getty Images Not even the high and mighty are immune from the gravitational forces of bear markets. That is the dilemma facing the...
Rivian’s IPO Lockup Is Almost Over. Here’s What that Means for the Stock.
Text size Door panels for the R1T, Rivian’s electric pickup truck, are ready for installation on the trim line. Courtesy Rivian Rivian Automotive investors have been dealing with a lot lately. S...
Social-Media Platforms Lay It On Thick
The tech industry hasn’t been shy about coining its own dubious metrics over the years. But lately, even the basic ones aren’t to be trusted. Social-media investors have historically focused on two ke...
Facebook Parent Meta Reports Earnings Today. Here’s What to Expect.
Text size For the March quarter, Meta projected revenue of between $27 billion and $29 billion. Noah Berger/AFP via Getty Images Facebook ’s parent Meta Platforms will release its first-quarter financ...
Buying the Dip Can Be a Retiree’s Best Friend. Here’s How Seniors Can Safely Shop.
Photo illustration by Barron’s Staff; (reference) Dreamstime (4) Text size It’s hard at any age to buy stocks when prices are falling, but for retirees it can be especially nerve-racking because...
Musk Says Twitter’s Board Owns Almost No Stock. Here’s How It Compares With Tesla.
Twitter’s directors are granted $225,000 of restricted stock units, plus at least $50,000 in cash, annually. David Paul Morris/Bloomberg Text size Elon Musk questioned Twitter directors’ alignment wit...
Musk’s Cannabis-Themed Twitter Offer Looks High but Not Wacky
Text size Elon Musk is offering $54.20 a share for all of Twitter. Al Drago/Bloomberg Elon Musk is offering $54.20 a share for all of Twitter —and you don’t need to work up a discounted cash flow anal...
Meta Stock Might Have Another Round of Weaker Earnings Ahead
Text size Meta stock saw a couple of price target cuts as analysts worried about its coming earnings report. Justin Sullivan/Getty Images Wall Street is bracing for another rough quarter for Facebook ...
Netflix and Other Tech Stocks Report Earnings Soon. What to Expect.
Text size Exposure to Russia is a concern for some tech companies this earnings season. Dreamstime The first-quarter tech earnings season is just around the corner, and Wall Street is getting just a w...
As Oil Briefly Dips Below $100, Russia and Europe Play a Game of Chicken
U.S. oil prices briefly dipped below $100 barrel Friday, as President Joe Biden’s plan to release one million barrels a day of reserves began to have the desired effect. But it’s premature to start th...
Facebook Is Broken. Execs Say a Fix Won’t Come Fast.
Meta Platforms, the former Facebook, has come under heavy fire from Congress, regulators, and even its own users, but there has been nothing like the crisis it now faces. Its core business is decelera...