Tag Archives: Stock

Shares of Facebook parent Meta (FB) soared in early trading Thursday on the back of its Q1 earnings report. Shares of the social media giant were up more than 14% despite a miss on revenue expectations, as investors and analysts digested the company’s plans to scale back spending. On the surface, Meta’s report wasn’t all that great. It missed on revenue estimates, with analysts expecting the company to bring in $28.24 billion rather than the $27.9 billion it reported. But the company… Source link

U.S. equity futures edged higher ahead of overnight trading Wednesday following a choppy earlier session that saw stocks pare some losses from a steep sell-off on Tuesday. Contracts on the S&P 500 climbed 0.21%, while Dow futures rose 62 points, or about 0.19%. Futures tied to the tech-heavy Nasdaq Composite were roughly flat after Facebook parent company Meta (FB) reported stronger-than-expected earnings after the close on Wednesday. Still, with just three trading days left, the… Source link

Text size Google is still figuring out how to make money from YouTube’s Shorts video product. Justin Sullivan/Getty Images … Source link

The meme stock craze — which multiplied the value of beleaguered companies like GameStop (GME) and squeezed hedge funds that bet against them — became a symbol of the populist fight between small-time traders and Wall Street juggernauts. But the most visible figures associated with the movement on behalf of everyday traders, which took off in January 2021, shared something in common: their gender. Keith Gill, a day trader who rose to prominence through his YouTube persona “Roaring Kitty,”… Source link

U.S. stock futures opened mixed Tuesday evening after the major equity indexes slid during the regular trading day, as concerns over inflation and global economic growth stirred up further volatility across risk assets. Contracts on the S&P 500 dipped. The index dropped 2.8% on Tuesday for its largest decline in seven weeks, with technology shares especially slammed. The Nasdaq Composite sank 4% to fall to 12,490.74 — its lowest level since December 2020. With just three trading days left… Source link

Text size Wall Street will digest a wave of U.S. corporate earnings this week. Dreamstime Stocks were down… Source link

U.S. stock futures were flat in extended trading Monday after markets staged a rebound to end higher in the earlier session as investors look ahead to a batch of mega cap tech earnings in the coming days. Contracts on all three major indexes were little changed after the Dow Jones Industrial Average recovered an intraday loss of nearly 500 points and closed in the green, snapping a five-day losing streak. The S&P 500 also bounced back from declines to close the trading session above… Source link

U.S. stock futures declined Monday morning following global equities lower, as concerns over an escalating COVID outbreak in China added to jitters over U.S. economic growth in the face of heightened inflation and monetary policy tightening. Contracts on the S&P 500 fell by nearly 1% ahead of the opening bell, as the index looked to add to last week’s losses. The Dow and Nasdaq each also headed for lower opens. U.S. Treasury yields dropped, and the benchmark 10-year yield hovered just above… Source link

With several threats to the future of its business, Facebook wants to start “a new chapter.”  Investors are unsure it will succeed in its grand metaverse ambitions and employees are confused. “Simply put, the market is questioning whether this company is now Yahoo! 3.0,” an analyst said. Facebook is at a perilous time in its history as Mark Zuckerberg bets his company on… Source link

U.S. stock futures opened lower Tuesday evening to give back gains after a rebound rally during the regular trading day, as investors took in a host of quarterly earnings results and looked ahead to more data. Contracts on the S&P 500 declined by about 0.5% as the overnight session began. The index closed higher by 1.6% during Tuesday’s earlier session. Nasdaq futures fell by nearly 1% as shares of tech giant Netflix (NFLX) slumped after posting an unexpected decline in quarterly subscriber… Source link