News
META
465.70
+2.71%
12.29
S&P 500 Earnings: Capex Is Not Earnings; Tech Revisions Still Positive
S&P 500 earnings are expected to be positive for the tech sector next week. Microsoft and Intel will be the big movers for the sector. Microsoft reports on Tuesday night, July 30th, while Amazon and Meta also report. The tech sector is expected to see positive earnings revisions for the quarter.
Seeking Alpha · 1h ago
Mag 7 Earnings Loom: A Closer Look
NASDAQ · 2h ago
Breaking Down Magnificent 7 Earnings
NASDAQ · 3h ago
BofA: Magnificent Seven a Jobs Report Away from Major Drop
TipRanks · 4h ago
US STOCKS-Wall St closes up on revival supported by inflation data, tech stocks
Wall St closes up on revival supported by inflation data, tech stocks PCE inflation rises moderately in June Russell 2000, S&P Small Cap 600 gain for fourth day in five Deckers, Baker Hughes, Norfolk Southern climb after results. The Dow Jones Industrial Average ends positive for the week. Inflation data boosted optimism that the Fed will soon start cutting interest rates.
Reuters · 4h ago
Quiver Markets Close: Wall Street Rallies on Inflation Data
NASDAQ · 5h ago
Meta Platforms Inc. stock outperforms competitors on strong trading day
MarketWatch · 5h ago
US STOCKS-Wall St ends higher on revival supported by inflation data, tech
Major U.S. Indexes close higher on Friday. Dow Jones Industrial Average, S&P 500 and Nasdaq Composite all rise for the week. Investors flock back to tech megacaps after recent sell-offs. Inflation data boosted optimism that interest rate cuts will soon begin.
Reuters · 5h ago
Sector Update: Tech Stocks Rise Late Afternoon
NASDAQ · 6h ago
Consumer Spending and Income Rise Modestly Amid Cooling Inflation
NASDAQ · 6h ago
Apple, Microsoft, Meta Set to Report During Busy Week for Earnings
The Wall Street Journal · 6h ago
Catalyst Watch: Tech blitz with Apple, Amazon, Microsoft, and Meta on tap for earnings
Seeking Alpha's Catalyst Watch looks at next week's key events. Options trading volume is elevated on Container Store and Allbirds ahead of their earnings reports. McDonald's, Microsoft, and Boeing among companies due to report on July 29 and 30. Mark Zuckerberg will speak at the SIGGRAPH Conference in Denver.
Seeking Alpha · 6h ago
TikTok Vs. Reels Vs. Shorts: Analyst Sizes Up Short-Form Video Platforms On Valuation And Monetization
Needham analyst Laura Martin says TikTok, Instagram Reels and YouTube Shorts are the three largest short-form video platforms. The analyst compared the three to each other and reached valuations for each. TikTok is valued at $218 billion, Reels at $203 billion and Shorts at $206 billion.
Benzinga · 7h ago
US STOCKS-Dow leads Wall St revival on inflation data, tech stocks rebound
Dow leads Wall St revival on inflation data, tech stocks rebound PCE inflation rises moderately in June Russell 2000 hits one-week high Deckers, Baker Hughes climb after results Dexcom slips after cutting revenue forecast Indexes up: Dow 1.73%, S&P 1.24%, Nasdaq 1.07%. In-line inflation data supports bets that the Fed will cut interest rates in September.
Reuters · 7h ago
What to Watch in the Week Ahead and on Monday, July 29
McDonald's expected to post smaller growth in second-quarter revenue as customers cut back on dining out. Four of the Magnificent Seven companies are reporting in the week. The U.S. Federal Reserve is expected to hold interest rates steady on Wednesday. The employment report and the manufacturing data will dominate the week's economic calendar.
Reuters · 7h ago
Ferrari Executive Targeted By Deepfake Scam: Report
An executive at Ferrari received messages purportedly from the company's CEO. The messages suggested a major acquisition was in the works. The executive grew suspicious when he noticed a different phone number and mechanical intonations in the messages. This was a sophisticated attempt to use deepfake technology to infiltrate Ferrari.
Benzinga · 7h ago
Bears see Mag 7's S&P dominance as 'one bad payroll away from cracking': Bank of America
Bears see Mag 7's S&P dominance as 'one bad payroll away from cracking': Bank of America. The Magnificent 7 mega-cap tech stocks could rupture from a slowdown in U.S. Economic activity. The Nasdaq-100 and other tech-stock gauges have veered lower this month.
Seeking Alpha · 7h ago
Tech Giants Potentially Seek Partnership With Ray Ban Maker After Smart Glasses Collaboration
EssilorLuxottica stock rose after the eyewear giant revealed interest from Alphabet Inc’s Google and other major technology companies in exploring partnerships. The company has collaborated with Meta Platforms to develop Ray-Ban smart glasses. The Wall Street Journal reports Meta is discussing acquiring about 5% of the company.
Benzinga · 8h ago
Has the Recent Selling Bout Come to a Screeching Halt?
NASDAQ · 8h ago
Meta Platforms: Still A Compelling Opportunity As Earnings Near
Seeking Alpha · 8h ago
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About META
Meta Platforms, Inc. builds technology that helps people connect and share, find communities, and grow businesses. The Company’s products enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality (VR) and mixed reality (MR) headsets, and wearables. It operates through two segments: Family of Apps (FoA) and Reality Labs (RL). The FoA segment includes Facebook, Instagram, Messenger, Threads and WhatsApp. The RL includes augmented, mixed and virtual reality related consumer hardware, software, and content. Instagram is a place where people and creators can connect and express themselves through photos, video, and private messaging, and discover and shop from their favorite businesses. Threads is an application for text-based updates and public conversations. Its RL product offerings in VR include Meta Quest devices, and software and content available through the Meta Quest Store, which enable a range of social experiences.