When hedge fund manager "titans" think alike, investors are wise to pay attention. At Holdings Channel, we have reviewed 6,685 13F filings for the 03/31/2022 reporting period, and noticed that Meta Platforms Inc (Symbol: FB) was held by 12 of the particular managers we have flag
What happened
Shares of Tesla (NASDAQ: TSLA) were down 8.8% as of 11:17 a.m. ET on Friday after Reuters reported that Elon Musk sent an email to employees disclosing the need to cut about 10% of the company's jobs. According to the report, Musk expressed a "super bad feeling" on
Pinterest (NYSE: PINS) announced it has agreed to acquire The Yes, a fashion shopping platform that creates a personalized feed based on user input. This is the company's most significant acquisition in some time and represents the first signs of a serious pivot in its growth str
Tesla (NASDAQ: TSLA) CEO Elon Musk is never afraid to speak his mind, and millions of people pay close attention. So when Musk warned that he's growing pessimistic about the future of the U.S. economy and recommended taking action to defend his company from a potential slowdown,
What happened
Snap (NYSE: SNAP) shareholders trailed the market this week as the stock fell 4% through Thursday trading compared to a 0.5% increase in the S&P 500, according to data provided by S&P Global Market Intelligence. The drop added to significant losses for the s
Tesla CEO Elon Musk has a "super bad feeling" about the economy and needs to cut about 10% of jobs at the electric carmaker, he said in an email to executives seen by Reuters.
The non-fungible token (NFT) market has been in more than just a lull lately. Since the January highs, the volume of daily NFT sales has plummeted from just over $6 billion to only $850 million -- a nearly 90% decline.
Tesla CEO Elon Musk has a "super bad feeling" about the economy and needs to cut about 10% of jobs at the electric carmaker, he said in an email to executives seen by Reuters.
In times of market stress, even the best businesses can take it on the chin. And there's considerable uncertainty for both the economy and individual stocks today. However, even if we're entering a "hurricane," as JPMorgan & Chase CEO Jamie Dimon recently put it, eventually,
Facebook parent Meta Platforms (NASDAQ: FB) keeps getting kicked around by the market. In a digital advertising market that is navigating activity tracking changes hastened by Apple, Snap's (NYSE: SNAP) revenue and earnings downgrade in May (which Snap blamed on macroeconomic fac
In Meta Platform's (NASDAQ: FB) most recent earnings report, there were some signs of a pullback with net income down year over year and more competition has played a part. In this video clip from "The Virtual Opportunities Show" on Motley Fool Live, recorded on May 24, Fool.com
Indian cybersecurity rules due to come into force later this month will create an "environment of fear rather than trust", a body representing top tech companies has warned the government, calling for a one-year delay before the rules take effect.
Wall Street ended sharply higher on Thursday, led by Tesla, Nvidia and other megacap growth stocks in a choppy session ahead of a key jobs report due on Friday.
Wall Street ended sharply higher on Thursday, led by Tesla, Nvidia and other megacap growth stocks in a choppy session ahead of a key jobs report due on Friday.
Technology stocks maintained strong gains in late Thursday trading, with the SPDR Technology Select Sector ETF (XLK) climbing almost 2% and the Philadelphia Semiconductor Index rising 2.9%.
Sheryl Sandberg's exit from Meta Platforms Inc comes at a crucial time for the Facebook parent as it pivots to "metaverse" in the face of slowing ad revenue, although Wall Street analysts say her departure will not be as significant.
U.S. employers in the technology sector cut nearly nine times more jobs in May than in the first four months of the year as rising inflation and slowing demand force companies to cut corners.