A Large Cap Cheat Sheet as Tech Eyes Correction

09:58am, Tuesday, 06'th Aug 2024
Subscribers to  Chart of the Week  received this commentary on Sunday, August 3.
Meta CEO Mark Zuckerberg sees AI as a longer-term investment for revenue growth. Investors should not expect immediate monetization of AI investments, as Meta plans to drive revenue gradually over the
Meta Platforms, Inc. presents a new buying opportunity after better-than-anticipated earnings for 2Q24. Operating income and margins for Meta Platforms increased due to growing demand for digital ad p
Artificial intelligence (AI) leader, Nvidia (NASDAQ: NVDA ) had a rough week with the stock declining 8.5% after a strong 2024 start. Concerns loom as the AI stocks‘ surges have been losing some ste
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This marks the last peak week of the Q2 earnings season with 3,908 companies expected to report. Earnings have come in better-than-expected, but tend to be overshadowed by economic data. Outlier earni

Meta: Fighting Recession Fears With AI

12:02am, Tuesday, 06'th Aug 2024
Meta Q2 report showed how the company is leveraging AI to optimize ad spending and user engagement in an exceptional way, leading to strong financial performance and exceeding market expectations. The
Meta Platforms apologised on Tuesday for the removal of content from Malaysian Prime Minister Anwar Ibrahim's Facebook and Instagram accounts related to the assassination of Hamas leader Ismail Haniye
The federal government has more lawsuits in the pipeline trying to rein in the tech giants, including another antitrust case against Google that goes to trial next month.
While its Cloud rivals were falling after earnings, Meta Platforms (NASDAQ: META ) stock stood firm. Microsoft (NASDAQ: MSFT ) was down 5.4% on the week.
Investors have been piling into stocks poised to profit from artificial intelligence (AI). Some even borrowed money in order to take part in the market rally.
Markets are reeling this morning, but I would implore investors to do everything they can to keep a cool head. While I cannot guarantee that we are at the exact lows of this selloff, there are a numbe
Bill Baruch, founder & president at Blue Line Capital, joins CNBC's “Halftime Report” to discuss his latest portfolio moves.
Steve Weiss, founder and managing partner at Short Hills Capital Partners joins CNBC's “Halftime Report” to explain his latest tactical Meta trade.
The iPhone maker joined mega-cap tech peers NvIdia, Alphabet, Tesla, Microsoft, Meta and Amazon in plunging as 6.5%.
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