Equities Play A Waiting Game

Consumption continued to drive growth in the first quarter. The waiting game continues for the U.S. Federal Reserve and other major central banks to cut interest rates this year. 2024 is shaping up to be a “normal” expansionary year with healthy levels of economic growth and inflation.

Weekly Report: what happened at FCOM last week (0415-0419)?

Meta's Strategic AI Investments Enhance Ad Targeting, Boosting Revenue Projections: Analyst

Truist Securities analyst Youssef Squali maintained Meta Platforms Inc (NASDAQ:META) with a Buy and raised the price target from $525 to $550. The analyst raised his first-quarter and fiscal 2024 estimates for META to reflect improving pricing and monetization. Meta stock gained over 126% in the last year.

Weekly Market Pulse: Are Higher Interest Rates Good For The Economy?

Interest rates surged last week on the back of a hotter-than-expected inflation report. The rise in rates last week pushed the 10-year to its highest level since the peak at 5% in October of last year. Gold has been setting new highs, trading above $2400.

Meta's Threads Introduces Real-Time 'Recent' Filter to Enhance Search Experience

Meta Platforms Inc’s (NASDAQ:META) Threads is introducing a “Recent” filter for sorting search results by the most recent posts. The new feature is part of a limited test available to a select group of users. The initiative aims to facilitate users’ finding relevant search outcomes in real-time.

Meta to Suspend Threads in Turkey Amid Regulatory Challenges, Aims for Future Reinstatement

Meta Platforms will cease operating Threads in Turkey starting Monday, April 29. The move is in response to an interim order from the Turkish Competition Authority. Meta will notify all Turkish Threads users of this change before the shutdown date to ease the transition. The company will shut down in Turkey.

Weekly Report: what happened at FCOM last week (0408-0412)?

Meta's Instagram Takes Steps Against Sextortion of Teenage Users

Meta Platforms, Inc's Instagram is cracking down on "sextortion" scams. Victims receiving nude images via direct messages will get pop-up to block the sender or report the chat. The culprits will get a warning against such acts followed by a reminder alert.

Weekly Report: what happened at FCOM last week (0401-0405)?

VOX: How Meta, Alphabet, And The Streaming Industry Could Outshine The Market

Vanguard Communication Services ETF (VOX) warrants a buy rating due to the strong potential for its top holdings to outperform the market overall. Technological advances for Meta Platforms and Alphabet, as well as expected growth for streaming services, will drive strong returns for VOX. The communication services sector has historically underperformed the market. VOX has the highest diversification along with a low expense ratio compared to peer communication services funds.

April 2024 Perspective

Home Market Outlook Today's Market April 2024 Perspective: Manning & Napier. The market is continuing to focus on the soft landing scenario in the equity market. Energy and Materials were the strongest performing sectors in March. The Information Technology sector has started to show signs of cracks.

Weekly Report: what happened at FCOM last week (0325-0329)?

Weekly Report: what happened at FCOM last week (0318-0322)?

Fidelity MSCI Communication Services Index ETF declares quarterly distribution of $0.1080

Fidelity MSCI Communication Services Index ETF declares quarterly distribution of $0.1080 Mar. 22, 2024. 30-Day SEC Yield of 0.00% as of March 20. The dividend is for shareholders of record Mar. 18; ex-div Mar 15.

Weekly Report: what happened at FCOM last week (0311-0315)?

Meta's Strategy Against Election Disinformation - CrowdTangle Shutdown and New Initiatives

CrowdTangle is a widely used data tool for tracking content dissemination on Facebook and Instagram. The social media giant intends to replace CrowdTangle with the Meta Content Library in five months. The tool will only be available to academic and nonprofit researchers, excluding most news outlets.

Weekly Report: what happened at FCOM last week (0304-0308)?

Meta's Strategy Shift: Direct Engagement with Advertisers as Authorized Sales Program Winds Down

Meta Platforms Inc will discontinue its authorized sales partner program by July. The company aims to transition towards a direct engagement model with advertisers. Authorized Sales Partners will be affected by this shift. Meta Platforms says it aims to standardize its operational framework globally through this change.

Weekly Report: what happened at FCOM last week (0226-0301)?

Meta's Ambitious Plan - Zuckerberg Discusses AI and Extended Reality with LG in Seoul

Mark Zuckerberg is exploring ways to expand Meta Platforms Inc’s collaboration with LG Electronics Inc on extended-reality technologies. The Meta CEO visited Tokyo and Seoul on his Asia tour. He met with LG's CEO to discuss ways to combine Meta's platform with the company's content and TV business.