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2024-05-09T13:01:41+0100
Meta down 17%... are investors tiring of AI?
Facebook owner Meta Platforms saw its shares down heavily in extended trade after revenue forecasts disappointed. Some analysts are also now questioning the staggering amounts of money Meta is investing in artificial intelligence.
2024-04-25T09:28:30+0100
Snap shares slump 30% after revenue miss
The hard fought stock price gains over the past three months were cut down to nothing after the group unveiled its quarterly report.
2024-02-07T09:45:13+0000
Facebook owner Meta surges 16% to a record high
Meta stock is now up more than 65% from the lows in October last year, driven 19% higher on from earnings published for the second quarter.
2024-02-02T10:45:00+0000
Beat the Street: ADP; Treasury yields rally; volatility ahead of NFP; Intel; Meta
US stocks are indicated higher after September ADP data. Investors still cautious ahead of NFP and rising Treasury yields. Intel's programmable chip unit to operate as a standalone business, and is Meta reducing its staff?
2023-10-04T16:03:44+0100
Meta shares rise amid earnings forecast beat
The Facebook, Instagram, WhatsApp, and now Threads owner Meta has beaten both earnings and revenues for the second quarter. The outlook also remains solid as the company continues to raise its use of artificial intelligence.
2023-07-27T08:42:48+0100
