Snap Inc reported better-than-expected fourth quarter revenue and user growth on Thursday, and provided a first quarter outlook that surpassed analyst estimates, sending its shares up 30% in trading after the bell.
With Meta Platforms (NASDAQ: FB) stock getting hammered today following its fourth-quarter earnings report, many investors may be wondering if this a good opportunity to buy shares of the Facebook parent company.
In 2022, the U.S. equities market got off to its worst start to a year since the dark days of the financial crisis, with many areas of the market, including stocks and stock exchange-traded funds (ETFs), selling off. As a result, many investors are rethinking how to position th
Sherwin-Williams (NYSE: SHW) has been a big winner over the last decade, but like many of its peers, the company has been struggling with supply chain challenges. The paint company plans to raise prices to combat inflation and expects results to improve by the second half of 2022
Are These Best Information Tech Stocks Worth Investing Today?In the current day and age we live in, information technology (IT) is one of, if not the most crucial areas of tech. As such, it would make sense then that IT stocks are, arguably, a noteworthy section of the stock
Mark Zuckerberg lost $29 billion in net worth on Thursday as Meta Platforms Inc's stock marked a record one-day plunge following a disappointing earnings forecast that shook the global tech landscape.
The iShares MSCI USA Multifactor ETF is seeing unusually high volume in afternoon trading Thursday, with over 524,000 shares traded versus three month average volume of about 112,000. Shares of LRGF were off about 1% on the day.
What happened
Shares of e-commerce giant Amazon (NASDAQ: AMZN) are down 6.8% as of 12:14 p.m. ET Thursday. The tumble follows another key internet company's fourth-quarter earnings miss, during a market-wide sell-off. Amazon's fourth-quarter earnings report is slated for release
The Senate Judiciary Committee on Thursday voted to approve a bill that would rein in app stores of companies they said exert too much market control, particularly Apple Inc and Alphabet Inc's Google.
What happened
The stock market was having a weak day on Thursday, with all three major market indexes firmly in the red shortly after the opening bell. However, social media stock Pinterest (NYSE: PINS) was a major underperformer, with shares down by 8% at 10 a.m. ET after fallin
Meta Platforms' (NASDAQ: FB) stock price plunged 23% to its lowest levels since July 2020 after it released its fourth-quarter earnings report on Feb. 2.
The NASDAQ 100 Pre-Market Indicator is down -355.61 to 14,784.13. The total Pre-Market volume is currently 28,453,361 shares traded.The following are the most active stocks for the pre-market session: Meta Platforms, Inc. (FB) is -71.79 at $251.21, with 5,489,100 shares traded.
Robinhood Markets (NASDAQ: HOOD), the trading app that popularized commission-free stock trades for younger retail investors, served 17.3 million monthly active users during its latest quarter.
U.S. stock index futures slumped on Thursday as Facebook-owner Meta Platforms' dour forecast jolted the broader tech sector and threatened to upend a nascent recovery in stock markets.
The harmony of Apple's (NASDAQ: AAPL) hardware, software, and services drove another record quarter for iPhone, Mac, and services. Apple has built one of the world's great brands, which hasn't escaped the attention of Warren Buffett, whose Berkshire Hathaway holding company is on
Back in 2010, BlackBerry (NYSE: BB) accounted for 43% of the smartphone platform market, according to Comscore. But over the following decade, it lost the entire market to Apple's (NASDAQ: AAPL) iPhones and Alphabet's army of Google Android devices.
U.S. stock index futures fell on Thursday, with Nasdaq futures down nearly 2%, as Facebook-owner Meta Platforms' disappointing forecast triggered a slump in other technology companies and threatened to upend a nascent recovery in stock markets.
Major stock market indexes lost trillions of dollars in value last month. Uncertainty and volatility are still major concerns for investors as we move into February. It's a challenging environment, and investors should consider a few key factors as they manage their portfolios th
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