| 2023-03-28 | -1.06 % |
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| 2023-03-27 | -1.54 % |
- Meta Platforms (META) stock went down last night as worries eased about the banking sector following a buyout deal for the deposits and loans of the failed Silicon Valley Bank, causing shares in the beleaguered banking sector to surge, and leading to losses in major growth stocks such as Microsoft, Apple and META.
- Elon Musk has reportedly offered Twitter employees stock grants at a valuation of nearly $20 billion, which is less than half of the $44 billion that Musk paid to acquire the social media platform, indicating a drop in Twitter's value and possibly leading to last night's -1.54% drop in the Meta Platforms (META) stock.
- Meta Platforms (META) stock was 1.54% down, as more than 153,000 global technology-sector employees have been laid off since the start of 2023, with 528 tech companies laying off 153,598 employees since the beginning of the year, and last week, Amazon announced that it was eliminating another 9,000 jobs, while Facebook's Meta Platforms announced plans to lay off an additional 10,000 employees as it focuses on a "year of efficiency."
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| 2023-03-24 | +0.85 % |
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| 2023-03-23 | +2.24 % |
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| 2023-03-22 | -1.16 % |
- KeyBanc analysts have upgraded their recommendation on Meta Platforms (META), following similar moves by Morgan Stanley and Edward Jones, and predict operating margins will reach at least 31% by 2024 and 2023 and 2024 earnings per share of $10.57 and $13.39, respectively; the stock closed 2.2% higher yesterday after the upgrade, however, it has recently been on a downward trajectory, falling by -1.16% yesterday.
- The article mentions that Meta Platforms Inc.'s stock continues to receive upgrades from analysts, with KeyBanc Capital Markets analyst Justin Patterson recently upgrading the stock due to the company's cost cuts; however, the stock went down by 1.16% overnight. The article does not provide a specific reason for the stock going down.
- Meta Platforms (META) stock went down because of its "Threat Report" revealing that Cognyte Software, along with six private companies, regularly targeted journalists, dissidents, opposition figures, and human rights activists around the world in violation of Facebook's community standards and terms of service.
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| 2023-03-21 | +2.2 % |
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| 2023-03-20 | +1.12 % |
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| 2023-03-17 | -4.55 % |
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| 2023-03-16 | +3.63 % |
- Meta Platforms Inc. stock went up by 3.63% as the Federal Trade Commission (FTC) issued orders to Meta Platforms and seven other companies, seeking information on how they scrutinize and restrict paid commercial advertising that could expose consumers to fraud or be deceptive.
- Shares of parent company PDD Holdings, Inc., which owns the budget shopping app Pinduoduo, have gained 12% this year due to the company's success in China's e-commerce market amid an intensifying price war and a drop in consumer spending, despite already-popular e-commerce platforms causing concerns about the shrinking number of untapped customers in the market.
- Shares in social media companies such as Meta Platforms, Snap, and Pinterest rose in premarket trading following reports that the US may ban the Chinese-owned TikTok app on national security grounds, removing a key advertising competitor.
- Meta Platforms (META) and Snap (SNAP) stock went up by 3.63% on Thursday due to the prospect of restrictions on the use of social media rival TikTok, which has put pressure on the businesses of its American and UK counterparts.
- Meta Platforms (META) stock went up 3.63% after CEO Mark Zuckerberg announced that the company would cut an additional 10,000 employees on top of the 11,000 cuts announced in November, which reflects a shift in thinking about the metrics that matter in the tech sector from a massive and growing headcount being equated with a company's overall health to more traditional ways of measuring success, such as profitability.
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| 2023-03-15 | +1.92 % |
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| 2023-03-14 | +7.25 % |
- Meta Platforms' stock was up 7.25% last night as the company plans to let go of 10,000 employees by the end of the year in a bid to improve efficiency, while also cancelling 5,000 open positions, eliminating unnecessary managerial positions, and cancelling lower priority ventures.
- Meta Platforms (META) stock was up by 7.25% last night due to buying pressure from investors seeking out previous outperformers like FAANG stocks, with Alphabet (Google) being seen as a historically cheap and attractive option for long-term investors, while Apple is viewed as the most precarious of the FAANG stocks due to lack of bottom-line growth and potential vulnerability to downside risk if a U.S. recession occurs.
- The stock of Meta Platforms (META) went up by 7.25% after the Facebook parent company announced plans to cut 10,000 jobs in the coming months to become more efficient, canceling some projects and reducing hiring rates, as restructuring and layoffs are planned for late April.
- Meta Platforms (META) stock went up by 7.25% after the company announced plans to cut 10,000 jobs to increase efficiency.
- Meta Platforms (META) stock went up by 7.25% due to the company's cost-cutting move of slashing its workforce and optimism that the Federal Reserve may slow down on raising interest rates after the report on consumer prices showed inflation slowing.
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| 2023-03-13 | +0.77 % |
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| 2023-03-10 | -1.2 % |
- Meta Platforms, the parent company of Facebook, is reportedly planning another round of layoffs to be announced in multiple rounds over the coming months, which could match last year's 13% job cut tally, and the news caused their stock to drop by 1.2%. The layoffs are expected to hit non-engineering roles the hardest and could include the shutdown of some projects and teams.
- The law firm Kessler Topaz Meltzer & Check has filed a securities class action lawsuit against Cognyte Software Ltd. for alleged violations of federal securities laws relating to a "threat report" issued by Meta Platforms, which revealed Cognyte targeted human rights activists, journalists, and dissidents, among others around the world, leading to a significant drop in Cognyte's stock price.
- JPMorgan Nasdaq Premium Income ETF (JEPQ) offers investors an attractive 11.4% yield, generated through selling options and investing in US large-cap growth stocks while also mitigating volatility with a 20% cap on its equity-linked notes holdings, though it cannot offer the same returns as tech and growth stocks due to its strategy.
- Meta Platforms' (META) stock was down 1.2% last night, possibly due to the economic headwinds that began in late 2021, which have hampered the company's growth as it gets nearly all its revenue from digital advertising on its platform. However, once the economy regains its footing, the digital advertising spigot will reopen, leaving the company poised to come roaring back. Additionally, the recent buzz surrounding ChatGPT and other chatbots shows that there's still plenty of runway ahead for AI-infused technologies, an area in which Meta Platforms is well-versed.
- Meta platforms(META) stock was down by 1.2% as both Alphabet and Meta reported advertising revenue that contracted by around 4% in Q4 2022, while The Trade Desk, which runs an independent platform that advertisers use to bid on ad inventory and manage their campaigns, reported a fourth-quarter revenue that soared 24% year over year and is seen as outpacing the two giants of digital advertising industry.
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| 2023-03-09 | -1.77 % |
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| 2023-03-08 | +0.25 % |
- Meta Platforms (META) stock went up last night after the market believed CEO Mark Zuckerberg's commitment to cost-cutting measures, despite the company's focus on the metaverse, with the social media advertising contributing most of the company's revenue instead of Reality Labs, which has been a drawback on the company's operating profits, and the stock is now seen as inexpensively valued.
- Jefferies predicts that Meta Platforms' focus on expense reduction and layoffs will result in better earnings and this has caused the stock to go up by 0.25%.
- Meta Platforms (META) stock was up by 0.25% after it was reported that the company was planning to cut thousands of jobs as a new round of cuts that is imminent is being driven by financial targets and is separate from the "flattening" of its organization.
- The article discusses three stocks, including Nvidia, Meta Platforms (META), and Visa, each of which could potentially be worth more than Tesla by 2030, with a focus on the reasons META's stock could go up due to their social media platforms being used by billions of people worldwide and their potential growth prospects through incorporating AI and investing in the metaverse.
- Jefferies is optimistic that Meta Platforms' recent spending reductions will lead to improved earnings performance, and this is why the company's stock went up.
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| 2023-03-07 | -0.21 % |
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| 2023-03-06 | -0.19 % |
- Meta Platforms stock (META) went up 6.14% last Friday due to the announcement of a price cut of up to a third in the price of its Quest virtual reality headsets, potential layoffs, and the announced AI LLaMA supergroup, among other factors, but went down 0.19% yesterday amid the weekend price cuts for some Tesla vehicles and the delay in construction of Amazon's HQ2 and closure of some of its stores.
- US stock indexes rose on Monday as Treasury yields pulled back ahead of Federal Reserve Chair Jerome Powell's testimony and jobs data, while rate-sensitive mega-cap stocks including Apple Inc, Microsoft Corp, and Meta Platforms boosted S&P 500 and the Nasdaq, despite the yield on US 10-year Treasury notes slipping to its lowest since March 1 at 3.91%, causing growth and technology stocks to fall.
- Shares of Sirius XM Holdings Inc. rose while Meta Platforms Inc. fell, as Morgan Stanley's Mike Wilson warns of a 'death zone' for investors in the short term.
- Meta Platforms (META) stock went down -0.19% last night due to uncertainty around the potential growth of the metaverse and the high investments that the company has made in its development.
- Meta Platforms' stock went down by 0.19% and the company's Chief Financial Officer and Chief Operating Officer will be participating in the Morgan Stanley Technology, Media and Telecom Conference on March 9, 2023. The article doesn't provide a reason for why the stock went down.
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| 2023-03-03 | +6.14 % |
- Meta Platforms (META) stock went up by 6.14% due to its advertising business benefiting from extended periods of economic expansion, its social media assets being top-notch, and its ability to invest in the future with $40.7 billion in cash, even though it faces challenges with CEO Mark Zuckerberg's desire to heavily invest in metaverse initiatives, which lost $13.7 billion last year.
- Meta Platforms Inc. has reduced the prices of its virtual reality headsets, causing Meta's (META) stock to increase by 6.14% last night, with aims to widen their availability to more businesses and professionals around the world.
- Meta Platforms (META) stock went up by 6.14% due to positive research by Wall Street analyzing the potential of artificial intelligence to drive growth at companies like Alphabet, Microsoft, and more.
- This article does not provide information about why Meta Platforms (META) stock went up, but instead discusses claims of securities fraud and other unlawful business practices by Cognyte Software (CGNT) that are being investigated by Pomerantz LLP on behalf of investors.
- Meta Platforms, one of the FAANG companies, experienced a 6.14% rise in its stock price, while shares of Amazon and Tesla also increased; additionally, a recent sales growth and profitability screen showed that among the 84 examined tech stocks, 31 improved their gross margins from the previous year, 26 also improved their operating margins, and 24 increased sales.
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| 2023-03-02 | +0.64 % |
- Meta Platforms (META) stock went up by 0.64% last night due to the company's increased investment in AI to develop privacy tools and help advertisers serve more relevant ads, with conversions increasing by 20% in the last quarter compared to the prior year.
- Mark Zuckerberg and Priscilla Chan, co-founders and co-CEOs of the Chan Zuckerberg Initiative (CZI), have announced the creation of the Chicago Biohub, a biomedical research center funded with $250m over a decade from the $6.4bn allotted by the couple to science research. As with the initiative's first biohubs in San Francisco, it will take on "big questions" alongside existing universities, partner across scientific disciplines, and commit to at least a decade of funding.
- Meta Platforms' (META) stock went up by 0.64% after focusing on technology companies led by the company and Amazon, as it benefitted from a rebound that was more successful than other indices.
- The article discusses hedge funds' rotation back to growth stocks from value stocks, which has led to high year-to-date returns for fundamental, stock-driven hedge funds, such as those holding positions in Meta Platforms, and has caused BlackRock to see some potential in value stocks, with the firm believing that interest rate increases could influence a return to value's outperformance.
- Meta Platforms (META) stock went up 0.64% last night as tech layoffs continue to fuel a wave of new startups, with a survey finding that 63% of laid-off tech workers started their own company, many of which are making more than before, and investors have a new opportunity to capitalize on this new wave of startups.
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| 2023-03-01 | -0.87 % |
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| 2023-02-28 | +3.19 % |
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| 2023-02-27 | -0.5 % |
- Meta Platforms (META) stock falls because they announced they will release a new large language model, LLaMA, to researchers for non-commercial use. This would heat up the AI arms race as major tech companies rush to integrate the technology into their products.
- Meta platforms, like Microsoft, Amazon, and Coinbase, announced layoffs and the stock went down.
- Meta platforms(META) stock goes down because Dan Niles, a hedge fund manager, says if TikTok is banned in the U.S., Meta's stock would surge.
- Meta platforms, such as Zoom Video Communications, are seeing a slowdown in their revenue growth rates and their stock prices are inflated because of it.
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| 2023-02-24 | -0.96 % |
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| 2023-02-23 | +0.54 % |
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| 2023-02-22 | -0.56 % |
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| 2023-02-21 | -0.46 % |
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| 2023-02-17 | +0.26 % |
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| 2023-02-16 | -2.66 % |
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| 2023-02-15 | -1.29 % |
- Meta platforms(META) stock is going down because of the agreements that Itochu Corp. has signed to supply U.S. tech giants Amazon.com Inc. and Meta Platforms Inc. with renewable energy.
- The stock of meta platforms(META) goes down because of the slowing economy and competition from other companies.
- ITOCHU Corporation (headquartered in Minato-ku, Tokyo; Keita Ishii, President & COO; hereinafter "ITOCHU") announced today that it has reached an agreement with major North American alternative investment manager and developer, Fengate Asset Management (headquartered in Toronto and Houston,: hereinafter "Fengate"), to invest in the Prairie Switch Wind Project (hereinafter "the Project"), which is currently under construction in Texas and will have a total generating capacity of 160 MW. The Project is comprised of 48 wind turbines with a generating capacity of 3.4 MW each and
- MetaPlatforms is a company that rebranded from Facebook in late 2021. Meta's main business is advertising, which is not as big as it used to be. In Q4 of 2022, Reality Labs, which is Meta's bet on the metaverse, was an insignificant revenue generator. Reality Labs is also reporting steep losses.
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| 2023-02-14 | +0.03 % |
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| 2023-02-13 | +3.03 % |
- Meta Platforms, which is the parent company of Facebook, said that their Chief Business Officer Marne Levine, who was appointed in 2021, would be leaving the company. This news likely caused the stock to go up because investors may view this as a positive development for the company.
- Meta platform's parent, Facebook, is considering layingoff more employees, but the stock is going up because of this news.
- Meta Platforms(META) stock goes up because the company is announcing that its Chief Business Officer, Marne Levine, is leaving the company.
- Meta Platforms, parent company to social media giant Facebook, announced its Chief Business Officer Marne Levine will retire after 13 years with the company.
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| 2023-02-10 | -2.12 % |
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| 2023-02-09 | -3 % |
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| 2023-02-08 | -4.27 % |
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| 2023-02-07 | +2.99 % |
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| 2023-02-06 | -0.25 % |
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| 2023-02-03 | -1.19 % |
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| 2023-02-02 | +23.28 % |
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| 2023-02-01 | +2.79 % |
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| 2023-01-31 | +1.3 % |
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| 2023-01-30 | -3.08 % |
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| 2023-01-27 | +3.01 % |
- Wall Street analysts expect Meta Platforms' share price to increase by more than 8%, due to its attractive valuation and the potential for CEO Mark Zuckerberg's vision of the metaverse to be fulfilled.
- Meta Platforms stock has been rising due to its strong growth, attractive valuation, and potential for ecosystem control.
- META's stock has increased due to its strong digital advertising presence, as well as its ability to branch into new hardware and software categories, driving profitable growth.
- The stock price of Meta Platforms gained because of investor optimism surrounding the company's cost-cutting plan, which included reducing its headcount, limiting stock-based compensation, and slowing hiring.
- Meta Platforms' (META) stock has seen a double-digit gain thus far in 2023 due to its strong cash position, aggressive buyback plan, and renewed focus on profits.
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| 2023-01-26 | +4.1 % |
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| 2023-01-25 | -1.15 % |
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| 2023-01-24 | -0.09 % |
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| 2023-01-23 | +2.8 % |
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| 2023-01-20 | +2.37 % |
- Meta Platforms' (META.O) stock increased due to investors believing it was oversold in 2022, combined with a moderation in bond yields and expectations for companies to be able to weather a potential economic downturn.
- Meta Platforms' stock has potential to rise due to its strong cash flows, ability to diversify into new areas such as software and cybersecurity, and the possibility of investors responding positively to a dividend.
- Meta Platforms stock has seen an increase in value due to Randi Zuckerberg's involvement with the company, positive analyst recommendations, and the success of The Motley Fool's premium investing services.
- The stock of META Platforms went up due to Alphabet's announcement of cutting 12,000 jobs, which is expected to streamline the business, shift its focus to artificial intelligence, and make the company more competitive over the long term.
- META stock has the potential to increase in value due to its strong digital advertising business, AI-resistant search monopoly, and potential cost savings through layoffs.
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| 2023-01-19 | +2.35 % |
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| 2023-01-18 | -1.73 % |
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| 2023-01-17 | -1.18 % |
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| 2023-01-13 | +0.2 % |
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| 2023-01-12 | +2.87 % |
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| 2023-01-11 | -0.08 % |
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| 2023-01-10 | +2.72 % |
- Meta Platforms' stock has seen an increase in recent months due to optimism over the company's vision to create a metaverse, despite concerns over high spending and reduced profitability.
- Meta Platforms (META) stock has gone up due to its long track record of developing collaborative life sciences, agtech, and technology campuses in major urban areas, its tenant base of pharmaceutical companies, biotech firms, technology companies, government agencies, and academic institutions, and its low valuation and 3.4% dividend yield.
- Meta Platforms' stock has seen a rise due to its involvement in the rapidly growing virtual/augmented reality and cloud computing industry, as well as its impressive growth since 2018.
- Meta Platforms Inc (NASDAQ: META) stock has increased due to their strong customer relationships, investments in data centers, and decreasing liabilities.
- Meta Platforms, Inc. (NASDAQ:META) has potential for growth due to engagement in Reels, automation capabilities, and growth in shopping and click-to-message ads.
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| 2023-01-09 | -0.42 % |
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| 2023-01-06 | +2.43 % |
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| 2023-01-05 | -0.34 % |
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| 2023-01-04 | +2.11 % |
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| 2023-01-03 | +3.66 % |
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| 2022-12-29 | +4.01 % |
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| 2022-12-28 | -1.08 % |
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| 2022-12-27 | -0.98 % |
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| 2022-12-23 | +0.79 % |
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| 2022-12-22 | -2.2 % |
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| 2022-12-21 | +2.28 % |
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| 2022-12-19 | -4.14 % |
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| 2022-12-16 | +2.82 % |
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| 2022-12-13 | +4.74 % |
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| 2022-12-12 | -1.03 % |
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| 2022-12-07 | -0.17 % |
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| 2022-12-06 | -6.79 % |
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| 2022-12-05 | -0.86 % |
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| 2022-12-01 | +1.98 % |
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| 2022-11-30 | +7.89 % |
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| 2022-11-28 | -2.36 % |
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| 2022-11-21 | -1.95 % |
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| 2022-11-17 | -1.57 % |
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| 2022-11-16 | -3.29 % |
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| 2022-11-15 | +2.5 % |
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| 2022-11-14 | +1.06 % |
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| 2022-11-11 | +1.03 % |
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| 2022-11-10 | +10.25 % |
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| 2022-11-09 | +5.18 % |
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| 2022-11-08 | -0.26 % |
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| 2022-11-07 | +6.53 % |
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| 2022-11-04 | +2.11 % |
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| 2022-11-03 | -1.8 % |
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| 2022-11-02 | -4.89 % |
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| 2022-11-01 | +2.19 % |
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| 2022-10-31 | -6.09 % |
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| 2022-10-27 | -24.56 % |
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| 2022-10-26 | -5.59 % |
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| 2022-10-25 | +6.01 % |
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| 2022-10-24 | -0.22 % |
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| 2022-10-21 | -1.16 % |
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| 2022-10-20 | -1.28 % |
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| 2022-10-19 | +0.32 % |
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| 2022-10-18 | -0.93 % |
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| 2022-10-17 | +5.74 % |
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| 2022-10-14 | -2.71 % |
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| 2022-10-13 | +2.19 % |
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| 2022-10-12 | -0.81 % |
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| 2022-10-11 | -3.92 % |
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| 2022-10-07 | -4.04 % |
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| 2022-10-06 | +0.06 % |
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| 2022-10-05 | -0.93 % |
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