meta shares

Meta Platforms executives are heavily focused on boosting retention on their new Twitter rival Threads, after the app lost more than half of its users in the weeks following its buzzy launch, CEO Mark Zuckerberg told employees on…

Facebook-parent Meta reported better-than-expected earnings for the first quarter (Q1) of 2023 as revenue rose 3% to $28.65 billion compared with $27.9 billion from the year-ago period. The revenue figures beat the Street expectations of…

Last Updated: April 20, 2023, 00:56 ISTMeta shares have surged about 80% this year, more than erasing a 64% drop in 2022, and outperforming the tech-heavy Nasdaq Composite’s 16% rise in the period. (File Photo)Meta in March became the first…

Meta Platforms Inc shares rose nearly 20% in premarket trade after the Facebook owner floored Wall Street by slashing its spending forecast and boosting its stock buyback plan by $40 billion.The company was set to add around $75 billion to…

Meta Shares Recover 21% After Layoffs: As the macroeconomic downturn, increased competition and ads signal loss have hit Meta’s revenue, its shares remained under pressure since the start of this year and have witnessed a continuous fall.…

A carnage in US technology stocks widened on Thursday as shares of Meta Platforms sank 20% after the Facebook parent's costly metaverse bets and the impact of soaring inflation on ad spending spooked investors. Meta was set to lose about…

Facebook parent Meta Platforms Inc on Wednesday forecast a weak holiday quarter and significantly more costs next year, sending shares down more than 20 per cent as investors voiced skepticism about the company’s pricey metaverse…

A carnage in U.S. technology stocks widened on Thursday as shares of Meta Platforms Inc sank 20% after the Facebook parent's costly metaverse bets and the impact of soaring inflation on ad spending spooked investors. Meta was set to lose…

Wall Street is losing patience over Meta boss Mark Zuckerberg’s enormous and experimental bets on his metaverse project that helped drive up the company’s overall costs by a fifth in the third quarter. Investors rushed to dump Meta …

<!-- -->Social media stocks slump as Twitter, Snap warn of dire ad spendingShares of social media firms fell sharply on Friday after Twitter Inc and Snapchat's owner signaled advertisers had tightened their purse strings in response…