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2 mins read
Facebook parent Meta loses $200 billion in market cap after dire earnings, on track for the biggest loss of value in stock-market history
Investors dumped Meta stock en masse Thursday after the social media giant warned it was losing gro…
Harry Robertson
1 min read
Retail investors poured $231 million into Meta stock as it tanked after earnings, the highest amount since 2018, research firm says
Thursday's buying spree was more than 25 times the $9 million in average daily net purchases of Met…
Carla Mozée
7 mins read
ITC stock scales 52-week high as brokerages hike target price
$ITC.NSE posted great Q3 results showing how strong the fundamentals are. Have always told all my c…
2 mins read
Facebook's metaverse project will help drive as much as 22% upside in the stock, Bank of America says
Facebook will push at least $10 billion into its metaverse project this year.
Carla Mozée
1 min read
Facebook falls 5% after it says Apple privacy update led to negative performance for advertisers on the platform
Facebook shares tumbled on Wednesday as the company estimated it has underreported iOS web conversi…
Carla Mozée
1 min read
Facebook could jump 18% as its ambition to build a 'metaverse' that hinges on creators and commerce will drive profits, BofA says
BofA upgraded its Facebook price target to $425 following the tech giant's second quarter earnings …
Emily Graffeo
2 mins read
Facebook will soar 31% on strong ad trends and e-commerce growth, Deutsche Bank says
Deutsche Bank analyst Lloyd Walmsley and his team reiterated their buy rating and increased their p…
Will Daniel
1 min read
Mark Zuckerberg has cashed in more than $1 billion in Facebook stock so far this year - roughly double his sales for all of 2020
Mark Zuckerberg has sold over $1 billion of Facebook this year amid a 12% jump in share price. The …
Will Daniel
2 mins read
Facebook sees $34 billion erased from market cap as Trump-ban fallout continues to spook tech investors
CEO Mark Zuckerberg announced the ban on Thursday, saying the risks of allowing Trump to remain on …
Ben Winck
2 mins read
Facebook slips as the market eyes the social media giant's move to ban news from its platform in Australia
Facebook and Australia are locked in an "old western standoff" as the government says the tech gian…
Will Daniel
3 mins read
Just 2% of our millennial investor panel says Facebook is the FAANG stock they'd want to own for the next 10 years
A Business Insider panel of hundreds of millennial investors found jarringly little interest in own…
Ben Winck
4 mins read
'Pandemic and advertiser boycott create heightened uncertainty': Here's what 3 analysts expect from Facebook's quarterly earnings
Analysts are particularly interested in how a massive advertiser boycott hit Facebook's revenue and…
Ben Winck
1 min read
Facebook sees $37 billion in market value erased after 3rd quarter earnings reveal decline in US users
Facebook reported a decline in daily active users for the US and Canada, down 196 million from 198 …
Emily Graffeo
2 mins read
Buy the dip in Facebook as shares of the social media giant are set to rise as much as 35%, JPMorgan says
Facebook's ad platform of more than 10 million advertisers is 'extremely resilient," said JPMorgan …
Carla Mozée
2 mins read
Ethereum's $400 billion market value makes it bigger than all but 12 publicly traded companies
Ether's 370% year-to-date rally makes it worth more than Walmart based on Monday's closing prices.
Matthew Fox
2 mins read
Facebook adds $44 billion in market value after reporting earnings beat, increased usage amid coronavirus pandemic
Facebook said it experienced a significant decline in advertising demand towards the end of March a…
Matthew Fox
2 mins read
GMO trimmed mega-cap tech stocks last quarter as Jeremy Grantham sounded the alarm over a coming market crash. These were the 7 biggest trades.
The asset management firm counts Microsoft as its top holding, followed by Apple, United Health, an…
Matthew Fox
2 mins read
Mark Cuban says 'every major tech company' is calling their lawyers about buying Twitter after Elon Musk's hostile bid
"And Twitter is on the phone with their lawyers asking which can be their white knight," the billio…
Carla Mozée
4 mins read
Cloud, advertising, and COVID-19 — Here's what 4 analysts are talking about ahead of Google parent Alphabet's earnings
The second quarter is "a read on impact of a disruptive virus outbreak and as spend disruptions fro…
Carmen Reinicke
2 mins read
Tesla just surpassed Walmart in market value. Here are the 8 remaining S&P 500 companies worth more than Tesla.
Tesla is now more valuable than the bottom 492 companies in the S&P 500 — without being a member of…