Tag Archives: Meta

[unable to retrieve full-text content]Meta is ‘giving the market what it wants,’ analyst says  Yahoo Finance Source link

[unable to retrieve full-text content]Cerebral admits to sharing patient data with Meta, TikTok, and Google  The Verge Source link

[unable to retrieve full-text content]Meta Plans Thousands More Layoffs as Soon as This Week  Yahoo Finance Source link

[unable to retrieve full-text content]Big Tech layoffs: What companies such as Dell, Amazon, and Meta all have in common  Yahoo Finance Source link

In this market, the last thing investors have been rewarding this earnings season is a bottom-line miss vs. expectations of any magnitude. Except if you are Meta (META). Shares of the social media giant exploded nearly 20% in pre-market trading on Thursday following a whopper of an earnings shortfall. The company had the most visited ticker page on Yahoo Finance. Here is how Meta performed compared to Wall Street estimates — at first blush it was far from rosy and deserving of a major push… Source link

Brent Thill, Jefferies Equity Research Analyst, analyzes Meta’s stock pop after earnings. You can see the full interview here. Key video highlights 00:25 On how Instagram has improved 00:40 On better ad targeting 00:55 On other social platforms 01:30 On the stock move Video Transcript BRENT THILL: Look, anyone that was on Instagram and that had been giving them the accurate data of who you are and what you like is only seen incredible, incredible targeting, which is what I want. I don’t want to tell… Source link

Meta (META) Meta Platforms shares soared after the social media giant announced fourth quarter sales of $32.17 billion which beat analyst expectations of $31.65 billion. The company also announced a $40 billion boost to its stock buyback program. Facebook’s daily active users of 2 billion beat analyst estimates of 1.98 billion. e.l.f Beauty (ELF) e.l.f Beauty quarterly results came in above expectations, with net sales of $146.5 million versus Wall Street analyst average estimates of $122.5… Source link

Yahoo Finance Live’s Seana Smith looks at several stocks trending in the after-hours trading session. Video Transcript SEANA SMITH: Let’s take a look at what’s trending after-hours. We’ve got three stocks for you. And as you can on your screen, a lot of green. Let’s kick it off with Meta. We’re looking at gains of just about 18% in extended trading. Revenue very strong for its most recent quarter, beating the Street’s estimates, coming in just above $32 billion. Daily active users was also… Source link

Tech editor Dan Howley takes a closer look at Meta’s latest earnings beat alongside updates to its share buyback program. Video Transcript DAVE BRIGGS: All right, earnings alert here, investors hitting the like button on Meta earnings, up 13 plus percent after-hours after the company released its fourth quarter earnings. Share buyback, revenue beat. Dan Howley here with the most surprising thing you saw in this report. What do investors like, sir? DAN HOWLEY: Yeah, obviously, the stock buyback… Source link

Yahoo Finance’s Seana Smith reports on how Meta stock is trading after hours following the Facebook parent company’s Q4 earnings results. Video Transcript SEANA SMITH: All right, Dan, sorry to cut you off here. We just want to jump in with Meta earnings because they are out. So let’s get to the numbers here. Taking a look at the stock reaction, look at that, up just about 12% here. Revenue coming in stronger than expected, 32.17 billion. The estimate on the Street was for 31.65 billion…. Source link