Procter & Gamble Netflix and Tesla highlight a busy coming week of earnings as persistent inflation and climbing interest rates stoke talk of a recession. Consumer healthcare giant Johnson & J...
Tag: social media platforms
Netflix and Tesla stocks are not having a good year, but here comes a chance to turn it around
Two stocks that have defined Wall Street’s boom in the past decade — streaming giant Netflix Inc. and electric-vehicle maker Tesla Inc. — will hope to turn around some poor recent trajectories as earn...
Meta’s Metaverse Push Is Racking Up Big Losses. Today, Zuckerberg Makes His Case.
Get ready for the state of the metaverse address. Meta Platforms CEO Mark Zuckerberg will deliver the keynote talk for this year’s edition of the company’s annual Meta Connect developer event, which ...
Carl Icahn, Others Clean Up on Musk’s Twitter About-Face
Elon Musk’s decision to end his war with Twitter isn’t just a big win for the social-media company, but also for some big-name investors like Carl Icahn. Mr. Icahn quietly amassed a Twitter stake of w...
Elon Musk says Twitter will eventually be part of ‘X, the everything app’
Elon Musk has a new plan for Twitter Inc. after giving up a legal battle and agreeing to pay $44 billion for the company Tuesday. ““Buying Twitter is an accelerant to creating X, the everything app”” ...
Elon Musk’s Twitter Deal Is Very Pricey. Here’s the Math.
Elon Musk plans to buy Twitter for $44 billion, the original price he agreed to back in April. The world’s richest man is likely wishing he waited a few months to sign the contract. When Musk, the co-...
What if Musk loses the Twitter case but defies the court?
Twitter TWTR, -2.97% wants a Delaware court to order Elon Musk to buy the social media service for $44 billion, as he promised back in April. But what if a judge makes that ruling and Musk balks? The ...
Facebook parent is no longer one of 10 most valuable U.S. companies. Here’s what just overtook it.
Meta Platforms Inc. is furthering its descent through the ranks of the biggest companies in the U.S., this time falling below Exxon Mobil Co. for the first time in more than five years. The Facebook p...
Meta Quietly Reduces Staff in Cost-Cutting Push
Meta Platforms is planning to cut expenses by at least 10% in the coming months, in part through staff reductions, as the social-media giant confronts stalling growth and increased competition, accord...
Weekend reads: This may cause the next financial crisis
The Federal Reserve invigorated the economy before and during the coronavirus pandemic by purchasing Treasury bonds. The central bank was the main purchaser of newly issued U.S. debt and created trill...
Almost 100 Facebook janitors laid off as Silicon Valley service-worker cuts continue
Nearly 100 Facebook janitors were laid off from the tech giant’s California offices Friday, two months after being told their jobs would be safe. The number of job cuts was actually supposed to be clo...
Facebook stock falls to yet another ignominious level
Facebook was a member of the exclusive $1 trillion club a year ago, but it’s fallen a long way since then. Now named Meta Platforms Inc. META, -2.18%, the company saw its market value fall below $400 ...
It’s a great time to scoop up bargain stocks. Here are 21 examples that could make you a lot of money.
Are you a contrarian investor? Sometimes it seems everyone claims to be one, but it isn’t easy, especially after a wipeout such as the one we saw on Sept. 13. An investor who wishes to pay bargain pri...
The Meta meltdown: This chart shows Facebook’s fall from grace among the most valuable U.S. companies
Dogged by competitive and macroeconomic threats, Meta Platforms Inc. is sinking down the ranks of the largest U.S. companies. After a 9.4% daily slide in its stock, Meta META, -9.37% ranked 10th by ma...
20 value stocks whose growth potential is overlooked by investors
After a years-long bull market in growth stocks, the beleaguered value strategy has outperformed this year, as rising interest rates apply pressure on equities. Below is a screen of large-cap value st...
Elon Musk Gives a New Reason to Cancel Twitter Deal
Text size Lawyers for Elon Musk said on Friday that Twitter’s severance payments to a former employee violate the merger agreement. AFP via Getty Images Lawyers for Tesla CEO Elon Musk said late...
Biden finalized his plan to rein in Big Tech. Big Tech wasn’t invited.
President Joe Biden’s administration issued a checklist of actions needed to rein in Big Tech on Thursday, after a roundtable “listening session” on issues within the technology industry. But administ...
Snap stock extends rally as CEO calls out ‘enormous’ opportunity
Snap Inc.’s stock was powering toward another session of strong gains Thursday in the wake of Chief Executive Evan Spiegel’s presentation at a conference as well as some upbeat analyst commentary abou...
Snap CEO Sees Challenges in Executing Turnaround Drive
Sept. 8, 2022 12:14 am ET Listen to article (2 minutes) Snap Chief Executive Evan Spiegel said he’s bracing for a challenging turnaround period as the company tries to revamp itself and rekindle sales...
Musk’s Lawyers to Make Case for Whistleblower Complaint to Be Added to Lawsuit
Text size Tesla CEO Elon Musk (Photo by CARINA JOHANSEN/NTB/AFP via Getty Images) Elon Musk’s lawyers on Tuesday are set to make their case to amend the billionaire’s counterclaims against Twitter to ...
Elon Musk and Twitter Set to Face Off at Omnibus Hearing Next Week
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Facebook and Snap Stock are Both Cheap. Why Shares May Still Struggle.
Social media may be the most influential innovation of the 21st century. In 2022, if an event doesn’t make it to a social feed, it never really happened, like the tree that falls in a forest with no a...
Apple decimated Meta’s adtech empire. Now, it’s honing in on its advertisers
In terms of Silicon Valley feuds, you’d be hard pressed to find one that’s spicier than the years-long battle between Meta and Apple. Meta Platforms CEO Mark Zuckerberg started steering his company to...
What Stocks Are Moving Monday? Apple, Amazon, Coinbase, Boeing, and More.
Text size Boeing shares are lower in the premarket session. Scott Olson/Getty Images Stock futures were lower Monday, extending losses for Wall Street after Federal Reserve Chairman Jerome Powell made...
Twitter Warns Staff of Potential Cuts to Employee Bonuses
Twitter warned staff that the size of bonus payments this year was at risk because of financial difficulties, adding to belt-tightening measures tech companies are implementing during an economic down...
What’s the best way to invest in tech stocks right now? This strategy is working well for one fund manager.
Technology stocks have been rallying for weeks. But there are plenty of arguments that we’re in the midst of a bear-market rally and that more volatility lies ahead, especially for the rapidly growing...
With Elon Musk Buy More Likely, Twitter Stock Can Go to $50
Text size These reports, excerpted and edited by Barron’s, were issued recently by investment and research firms. The reports are a sampling of analysts’ thinking; they should not be considered the vi...
The ‘crying CEO’ says, ‘I’m just a small business owner.’
The “crying CEO” said he never intended to become a viral phenomenon. Braden Wallake’s emotional LinkedIn post about having to lay off employees at his Ohio-based marketing-services company became the...
Elon Musk Sells Nearly $7 Billion Worth of Tesla Stock Amid Twitter Uncertainty
Elon Musk sold nearly $7 billion worth of Tesla stock in recent days, regulatory disclosures show, amid uncertainty over the fate of his $44 billion deal to buy Twitter Inc. Mr. Musk, Tesla’s chief ex...
Judge in Twitter, Elon Musk Case Known for Quick Work
The judge who will decide whether Elon Musk should have to buy Twitter Inc. has a record of quickly deciding urgent cases over imperiled corporate deals and has ordered buyers to close deals they want...
What a Buyback Tax Means for Apple, Meta, and Microsoft
Text size Arizona Democratic Sen. Kyrsten Sinema Drew Angerer/Getty Images Democratic party leaders struck a deal with moderate holdout vote Sen. Kyrsten Sinema, moving their climate and healthcare bi...
Opinion: The stock market is in no man’s land. Prepare to cash in when the turnaround comes
If you were too scared to buy stocks last week when investors panicked, I’d suggest doing a little selling now to free up your nerves — and capital. I’ll be a buyer on the next leg down, just as I was...