Chart of the Day: Meta

01:16pm, Thursday, 25'th Apr 2024
Bill Baruch, Founder & President Blue Line Capital, joins CNBC's “Halftime Report” with his Meta strategy following a tough earnings call that's pushing the stock lower today.

Meta's stock plunge weighs on tech peers

12:46pm, Thursday, 25'th Apr 2024
CNBC's Deirdre Bosa reports on Meta's post-earnings stock performance.
Meta Platforms (META) tumbles after detailing investments in A.I. and the Metaverse.
As Meta Platform Inc.'s stock suffers a bruising 13% rout on Thursday, investors are flocking to its bonds, which are seeing the most net buying of any of the so-called Magnificent Seven companies.
Shares of Meta (META) fell sharply Thursday, after the tech giant released its first quarter results and provided a softer outlook for the second quarter due to increased spending on artificial intell
One of the factors weighing heavily on Meta shares META, -12.85% Thursday is the company's boost to its capital-spending outlook, which now calls for the Facebook parent company to shell out $35 billi
Meta plunged nearly 15% Thursday after the Facebook-parent forecast higher expenses over its plans to “invest aggressively” in artificial intelligence. The Mark Zuckerberg-led tech giant's stock
Meta reported revenue and profits that easily surpassed expectations. However, it was the company's spending plans that spooked investors.
Mandeep Singh, Bloomberg Intelligence Senior Tech Analyst discusses Meta's disappointing earnings report and the company's forecast for increased spending this year. He speaks with Tom Keene and Paul

Is "Bad News" Still "Good News" for the Market?

11:35am, Thursday, 25'th Apr 2024
Thursday, April 25th, 2024 Pre-market futures are plummeting at this hour. We began the early trading session down anyway, based on earnings disappointments from Meta META and IBM IBM after yesterday'
The net worth of Meta's centibillionare CEO Mark Zuckerberg dropped by more than $22 billion—or 13%—on Thursday, as shares of the Facebook parent slumped after the tech giant's first-quarter earni
Meta Platforms (META) beat on both the top and bottom lines but falters on weak revenue and higher spending forecast.
Jason Helfstein, Oppenheimer, joins 'Squawk on the Street' to discuss if Meta's concerns are about growth or spend, if Mark Zuckerberg has earned the right to be called a disciplined spender, and more
Meta Platforms (NASDAQ: META ) reported solid first-quarter results, but META stock is sinking about 10% this morning due to Wall Street's disappointment with Meta's revenue guidance. Investors are al

Meta's AI Spending Plans Leave Investors Unnerved

10:21am, Thursday, 25'th Apr 2024
Wall Street investors are reportedly uneasy about Meta's multi-billion-dollar artificial intelligence (AI) plans. The company's stock fell 15% in early trading Thursday (April 25), Bloomberg News re
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