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...
Tag: social media platforms
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...
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,...
Pinterest posts first full-year profit and reaches more than $2 billion in sales in 2021, sending stock soaring
Pinterest Inc. stock surged in extended trading Thursday after it reported a couple of firsts: a full-year profit and more than $2 billion in annual revenue. Pinterest PINS, -10.32% shares rose 21% af...
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 ...
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...
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...
Social Commerce Is A $1.2 Trillion Opportunity And The Next Global Shopping Revolution
Group of young people with smart phones, digital tablets and laptop getty The internet is undergoing a global social revolution. Nearly all of the 4.8 billion internet users worldwide are also on soci...
Tech Stocks Got Hit Hard. Where to Find Bargains Now.
The technology sector may not be on sale, but it certainly has gotten cheaper lately. Major technology stocks like Apple (ticker: AAPL), Alphabet (GOOGL), Microsoft (MSFT), and Meta Platforms (FB) are...
Where to Find Bargains Among Tech and Growth Stocks
The technology sector may not be on sale, but it certainly has gotten cheaper lately. Major technology stocks like Apple (ticker: AAPL), Alphabet (GOOGL), Microsoft (MSFT), and Meta Platforms (FB) are...
Giant Stock Swings Kick Off 2022
U.S. stocks are off to a rocky start in 2022. Under the surface, things are even more volatile. More than 220 U.S.-listed companies with market capitalizations above $10 billion are down at least 20% ...
GE’s Larry Culp Posted an Open Letter on LinkedIn. He’s Talking to Investors.
Text size Larry Culp, General Electric’s chief executive officer. Christopher Goodney/Bloomberg General Electric CEO Larry Culp ripped a page from the playbook of another CEO—Tesla‘s Elon Musk—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...