Meta Platforms (META) currently has the not-so-enviable title of this year’s worst-performing stock on the S&P 500 — down over 73% year to date. And the company’s prospects are worseni...
Tag: Meta
Arweave’s Native Token jumps 60% after Meta incorporation
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MATIC On The Move After Polygon Tapped By META
In this episode of NewsBTC’s daily technical analysis videos we are looking at MATIC following a more than 10% intraday move on the back of the announcement that META would use Polygon for Instagram N...
COD’s $800 Million Weekend, Leia Raises Debt, Google Buys Facemoji
Activision’s Call of Duty’s Modern Warfare II grossed $800 M in its opening weekend. The blockbuster opening outgrossed all of the biggest worldwide movie openings of 2022, surpassing Top Gun: Maveric...
Why Meta Launched A NFT Minting Feature On Instagram
Big tech company Meta, formerly known as Facebook, will extend its non-fungible token (NFT) features to the social network Instagram. According to an official announcement, the company partnered with ...
Come one, come all! Meta to bring NFT minting and trading to Instagram
Social media platform Instagram is set to introduce a number of nonfungible token (NFT)-related tools that will allow creators to mint, show and sell NFTs. Instagram parent company Meta said on Nov. 2...
Meta Pins Web3 Hopes on Instagram Creators Minting NFTs
Meta’s latest blockchain offering will let a select group of US creators on Instagram mint NFTs and sell the digital assets directly via the social media platform. The company said it won’t charge any...
Meta Announces New Product Allowing Creators To Build Instagram NFTs on Polygon (MATIC)
Social media giant Meta is announcing a new feature to allow creators to make their own non-fungible tokens (NFTs) and sell them directly on Instagram. The NFTs will be minted on Polygon (MATIC), whic...
Meta Oasis merges with Chainlink to boost NFT Artworks
There seems to be a palpable amount of excitement in the air with the announcement of the incorporation of Meta Oasis with that of Chainlink Verifiable Random function (VRF) on the Ethereum mainnet. M...
Arweave teams up with Meta for NFT storage, AR token spikes 61%
Arweave is partnering with Meta to store non-fungible tokens (NFTs) on Instagram, the protocol’s CEO and co-founder Sam Williams announced on Twitter. 📣 Major announcement: @Meta is now using Arweave ...
Meta to allow users to mint & sell Polygon-boosted NFTs
The stage is finally set for all of the users of Instagram to be in the position of carrying out all of their NFT-related activities on Polygon. In this scenario, the users will now be able to carry o...
MATIC price soars 13% amid Meta news on Polygon-powered NFTs
Polygon (MATIC/USD) soared after Meta (NASDAQ: META) announced an expansion of its support for Polygon-powered NFTs. The latest piece of cryptocurrency news from Meta is that Instagram users can now c...
Meta selects Polygon to mint digital collectables on Instagram
Meta has set in an early Christmas mode for digital asset creators. For the first time ever, Meta is empowering creators to mint & sell Polygon-powered digital collectibles on & off the Instag...
What’s next for markets after Fed’s 4th straight jumbo rate hike
What’s next for markets now that the Federal Reserve has delivered its fourth and possibly final jumbo rate increase of 75 basis points? Well, a lot, actually. A sometimes tumultuous third-quarter ear...
Apple, Amazon, Meta, Microsoft and Alphabet’s Earnings: 4 Things That Stood Out
All five U.S. tech giants — Alphabet (GOOGL) , Amazon.com (AMZN) , Apple (AAPL) , Meta Platforms (META) and Microsoft (MSFT) — reported earnings last week, with all of the companies except...
Open Metaverse Alliance Starts Operations, Challenges Meta On the Future of Internet
The Open Metaverse Alliance (OMA3), a collaboration of Web3 metaverse platform creators, was officially launched on Tuesday, November 1, and now is offering its memberships across two tiers, sponsors ...
Twitter Has a Lot of Debt. It’s Not an Issue for Tesla—Yet.
Twitter has a new, consolidated debt of $18.5 billion. Win McNamee/Getty Images Text size Elon Musk had a bad weekend and that could pose problems for Twitter—and, by extension, Tesla stock. Musk’s f...
Meta Stock Loses Over 70% Value in a Year, What to Know
Meta has lost a significant value in the company shares since January 2022. Mark Zuckerberg recently announced Meta Quest Pro headgear for metaverse. Meta stocks were trading at a market price of $99....
Kanye West Restricted On Instagram—Again—Four Days After Returning To Platform
Topline Kanye West’s Instagram account was restricted on Monday, a spokesperson for Instagram’s parent company Meta confirmed to Forbes, after he made a disparaging post about “Jewish business people,...
Is Meta Even Close to its Metaverse Vision After a Year of Rebranding?
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Bulls on Meta Stock Have One Big Problem: Mark Zuckerberg
(Bloomberg) — Mark Zuckerberg built Meta Platforms Inc. into one of the biggest companies in the world, but some investors now see him as an obstacle to the stock recovering from a historic sell...
Dogecoin And Musk To The Moon
Dogecoin cryptocurrency physical coin. getty While many will be thinking, “what now for Tesla?” now that Elon Musk is Chief Twit and there might really be no CEO in sight, crypto lovers are thinking, ...
Big Tech Looks Ahead To A Potentially Bleak Q4 And The Housing Market Cools Off
AFP via Getty Images TL;DR Silicon Valley’s finest have not had a great Q3, and things are looking worse for Q4 The housing sector remains strong over the past 12 months, but it appears to be screechi...
Meta, Alphabet And Disney Are In The Most Battered Sector This Year. Is It Time To Buy?
Singer Ariana Grande gives Mickey Mouse a kiss in front of Cinderella Castle in the Magic Kingdom … [+] (Photo by Chloe Rice/Disney Parks) Getty Images The most battered sector in the U.S. stock...
Facebook became Meta one year ago: Here’s what it’s achieved
It’s been just over a year since social media giant Facebook rebranded as Meta at the Facebook Connect conference on Oct. 28, 2021. The name change reflected the company’s growing ambitions to transce...
FTX CEO dissects Mark Zuckerberg’s intent to pump $10B/year into Meta
Facebook’s rebranding into Meta was Mark Zukerberg’s latest attempt to retain dominance in the social media world of Web3, specifically, the Metaverse. On the occasion of Meta completing one year on t...
Technology stocks tumble — this is how you will know when to buy them again
This has been a brutal year for Big Tech, as you can see in the chart below, with Meta Platforms META, +1.29% leading the way. Shares of the Facebook holding company plunged 26% on Oct. 27, bringing t...
Meta’s Problems Could Be Fixed but First Mark Zuckerberg Needs a Reality Check
One thing that became clear in this past week’s terrible tech earnings is that Mark Zuckerberg already lives in the metaverse. At the very least, it seems that the Meta Platforms CEO has established r...
Meta is in trouble
A day after weighing in with its third-quarter earnings report, Meta is flailing. The company formerly known as Facebook was in trouble Thursday after uninspiring numbers and an apparent lack of faith...
Buffett’s Berkshire Chases Musk’s Tesla on Market Value
Watch out, Elon, Warren is catching up. With the drop in shares of Tesla this year, the market value of Berkshire Hathaway is hot on the heels of the electric-vehicle leader. Berkshire, led by longtim...
Bitcoin weak hands ‘mostly gone’ as BTC ignores Amazon, Meta stock dip
Bitcoin (BTC) is decoupling from big tech as disappointing earnings fail to spark any major BTC price losses. Economic data for Q3, 2022, saw heavy losses for some tech stocks, but BTC/USD avoided a c...
Why the Dow is having a killer month as it heads for best October ever
The Dow Jones Industrial Average has been criticized by some market watchers for being a poor barometer of equity-market performance given its relatively small sample size of just 30 stocks. But this ...