It has been a not-so magnificent Tuesday. The “Magnificent Seven” group of…
‘Magnificent Seven’ shed $233 billion in market cap, dragging down stock market
Browsing Tag
Meta Platforms Inc.
22 posts
AI boom in data centers has Big Tech outspending Big Oil on capex
The race for new and upgraded data centers to handle the artificial-intelligence…
S&P 500 futures slip after index reached seventh record close of the year
U.S. stock futures slipped Monday, edging backwards after megacap corporate earnings led…
Stock investors fear ‘no-landing’ economy could spell trouble. What’s next?.
While the U.S. stock market has been pricing in a “soft-landing” scenario…
Fourth-quarter earnings are near halfway done. Results have gotten better.
With the U.S. fourth-quarter earnings reporting season almost halfway through, the financial…
Meta’s killer stock rally adds $200 billion in market cap — a historic haul
Meta Platforms Inc. shares exploded 20% higher in Friday’s trading — an…
Mark Zuckerberg could pay millions in taxes to the IRS on Meta dividends
Mark Zuckerberg delighted Meta shareholders and Wall Street this week with news…
Nvidia is ‘clear beneficiary’ of Meta’s AI spending rush. Its stock is climbing.
Nvidia Corp. is the “clear beneficiary” of Meta Platforms Inc.’s rampant spending…
Big Tech faces another day of reckoning on Capitol Hill over kids’ online safety
Big Tech was in the crosshairs yet again Wednesday as a handful…
Explaining that viral price-to-innovation clip and what it really means.
There was a clip from a CNBC interview that went viral, in…
Why Nvidia, Microsoft and the ‘Magnificent Seven’ stocks are back on top in 2024
Megacap technology stocks have retaken leadership of the U.S. stock market as…
Mark Zuckerberg sold $428 million of Meta stock in the last two months of 2023
Mark Zuckerberg cashed in on his company’s 2023 stock rally in a…
Cathie Wood’s ETFs are now buying Tesla’s stock
Cathie Wood’s ARK Innovation ETF is now buying Tesla Inc. stock, a…
Meta adding default end-to-end encryption to messages on Facebook and Messenger
Meta Platforms Inc. has started fully encrypting personal messages on some of…
Meta updates policy to combat deceptive AI-generated political ads in 2024
Meta Platforms Inc. will block new political ads one week before the…
Opinion: Elon Musk’s X apocalyptic moment
Is this the beginning of the end for X, the social-media site…
The Magnificent Seven add more than $200 billion to their market caps
It was a magnificent day for the stock market Tuesday, highlighted by…
Technology stocks hit record high as Nasdaq looks to exit correction territory
U.S. technology stocks hit an all-time high Tuesday, surpassing an earlier record…
Meta reportedly will team with Tencent to sell new VR headset in China
Meta Platforms Inc. has a preliminary deal to sell a new, lower-cost…
Facebook says Middle East war is hurting ad spending, and Meta’s stock falls
Shares of Meta Platforms Inc. were giving back their gains in Wednesday’s…
Nasdaq enters a correction as tech shares lead U.S. stocks lower
U.S. stock indexes ended sharply lower Wednesday afternoon, led by a slide…
