Shares in Facebook's parent company surge

02:19am, Friday, 02'nd Feb 2024
Shares in Facebook's parent company Meta have soared after it was announced that dividends will be paid to investors for the first time.
Meta Platforms and Amazon.com added a combined $280bn in stock market value after the tech giants reported impressive quarterly results.
Meta announced a 50-cent-per-share quarterly dividend on Thursday. Meta cofounder and CEO Mark Zuckerberg, who owns 350 million shares, stands to receive $700 million in yearly dividends.
Meta Platforms delivers strong Q4 2023 results, beating revenue and EPS expectations. Despite ongoing controversies, Meta's ecosystem of products reaches a significant portion of the global population
Meta CEO Mark Zuckerberg has no plans for his company to ramp up hiring, but says he's spending heavily on computing infrastructure and the metaverse.
Meta CEO Mark Zuckerberg dubbed 2023 the “year of efficiency” as the social media giant's Reality Labs division, which has been losing billions over the last few years, crossed the $1 billion reve
Apple CEO Tim Cook is wearing the Vision Pro on the cover of Vanity Fair this morning on its official launch day. The company has been taking orders for $3,500 (base price) for a month now, and the fi
Meta Platforms, Inc. (META) Q4 2023 Earnings Call Transcript

What's Going On With Meta and Apple Shares?

08:26pm, Thursday, 01'st Feb 2024
Earnings season is always an exciting time to be an investor, as companies finally pull the curtain back and unveil what's transpired behind the scenes. The 2023 Q4 cycle looks to be another critical
Shares of Facebook parent Meta Platforms (META) surged 15% in after-hours trading Thursday after the company blew past analysts' expectations in its fourth-quarter earnings, while also announcing its
While the top- and bottom-line numbers for Meta Platforms (META) give a sense of how the business performed in the quarter ended December 2023, it could be worth looking at how some of its key metrics
Today's big news is here after the closing bell: earnings reports from some of the biggest names in the market.

Meta, Apple Earnings: the Key Takeaways

07:16pm, Thursday, 01'st Feb 2024
Scott Kessler, global sector lead of technology, media and telecommunications at Third Bridge, discusses financial results of Meta Platforms Inc. and Apple Inc., and their outlook. Meta announced plan
Meta Platforms Inc. surprised Wall Street on Thursday with its first-ever dividend, a move that's likely Silicon Valley's most monumental dividend decision since Apple Inc. reinstated its payout over

Meta Soars On Massive Beat And Dividends

06:22pm, Thursday, 01'st Feb 2024
Meta Platforms reported strong quarterly earnings, beating estimates on both revenue and earnings per share. The company announced it will begin paying dividends, which will please investors. Despite
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