Meta tumbles 11% on weak revenue forecast and Zuckerberg’s comments on spending
Meta shares tumbled 11% Thursday afternoon, on pace for their worst day since October 2022, after the company issued weak ...
Tag: earnings
Meta loses $200 billion in value as Zuckerberg focuses earnings call on all the ways company bleeds cash
Mark Zuckerberg, CEO of Meta testifies before the Senate Judiciary Committee at the Dirksen Senate Office Building on January 31, ...
European stocks slip as mixed earnings offset M&A cheer
European stocks slipped on Thursday following mixed earnings from blue-chip companies such as Nestle and Deutsche Bank, while big M&A ...
Nvidia supplier SK Hynix reverses losses in first quarter on explosive AI demand
SK Hynix Inc. signage at the company's office in Seongnam, South Korea, on Monday, April 22, 2024. SK Hynix is ...
Tesla surges after Elon Musk says new affordable EV models coming
Tesla shares surged 15% on Wednesday morning after CEO Elon Musk said the electric-vehicle company plans to begin production of ...
Biogen tops profit estimates as cost cuts take hold, Alzheimer’s drug Leqembi launch picks up
A test tube is seen in front of displayed Biogen logo in this illustration taken on, December 1, 2021.Dado Ruvic ...
JetBlue shares tumble 15% after airline lowers 2024 revenue outlook
Silhouette of passenger in front of the JetBlue Airbus A321neo aircraft spotted on the apron tarmac docked at the passenger ...
Q4 results today: RIL among 15 companies to announce quarterly earnings
With the fourth quarter results ongoing, as many as 15 companies will announce their quarterly results today, with all eyes ...
Nvidia dragged to worst day since March 2020 after Super Micro plunge
Nvidia founder and CEO Jensen Huang displays products onstage during the annual Nvidia GTC Conference at the SAP Center in ...
Why semiconductors could be the most efficient artificial intelligence play
Investing in semiconductors may be the most efficient way to play the artificial intelligence boom, according to VanEck's CEO."Semiconductors have ...
