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When U.S. President Joe Biden accused Facebook of "killing people" by spreading vaccine lies in July, many experts and researchers hoped it marked the beginning of a White House battle against a flood of misinformation about the coronavirus pandemic coursing through the United States.

Shares in Facebook owner Meta fell 20% in U.S. premarket trade on Thursday after the social media giant issued a dismal forecast blaming Apple's privacy changes and increased competition.

Stock Market Futures Sink Following Weak Earnings Report From Meta PlatformsU.S. stock futures are well in the red in early morning trading today. This appears to be the case as tech giant Meta Platforms (NASDAQ: FB) posted lackluster results in its latest quarterly update yester

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For Immediate ReleaseChicago, IL – February 3, 2022 – Zacks Equity Research Shares MarineMax HZO as the Bull of the Day and Atlassian TEAM asthe Bear of the Day. In addition, Zacks Equity Research provides analysis on Meta FB, Spotify SPOT and TMUS TMUS.Here is a synopsis

Indian shares slipped on Thursday after a three-session winning run, as a rally in financial and IT stocks paused, although sharp gains in automakers limited the decline.

Snap’s stock (NYSE: SNAP) is scheduled to report its fiscal Q4 2021 results on Thursday, February 3. We expect Snap to beat the consensus estimates for revenues and earnings. The company has beaten consensus estimates for earnings for each of the last four quarters and re

Iron ore magnate Andrew Forrest said on Thursday he is launching criminal proceedings against Meta Platform Inc's Facebook in an Australian court, alleging that it breached anti-money laundering laws and its platform is used to scam Australians.

Japanese shares fell on Thursday after a four-day winning run, as investors sold tech stocks on weaker Nasdaq futures, worries over Sony Group's gaming business, and Panasonic's profit slide.

The dollar found a footing in Asia on Thursday, pausing the week's slide as a slump in tech and social media stocks soured appetite for riskier currencies, and as traders awaited central bank meetings in Britain and Europe.

The Australian and New Zealand dollars flinched on Thursday as global stock markets were sideswiped by a $200 billion rout in social media giant Meta, underlining the currencies' high correlation to risk sentiment.

Australian shares inched lower on Thursday after two straight sessions of gains, weighed down by technology stocks, while banking giant Westpac jumped after reporting first-quarter profit above estimates.

Investors seemed quite pleased during the regular trading session on Wednesday, with major market benchmarks managing to add to their recent gains. Some concerns about the high-profile earnings miss from PayPal Holdings weighed on sentiment somewhat, but it wasn't enough to stop

Smartphone maker Apple Inc, which along with Alphabet's Google is a target of an app store bill expected to be approved by a Senate panel, urged U.S. lawmakers Wednesday not to approve the measure in its current form.

All three Wall Street benchmarks ended higher on Wednesday, rising for a fourth straight session after a turbulent start to the year, aided by upbeat earnings from Google-parent Alphabet and chipmaker Advanced Micro Devices.

All three Wall Street benchmarks ended higher on Wednesday, rising for a fourth straight session after a turbulent start to the year, aided by upbeat earnings from Google-parent Alphabet and chipmaker Advanced Micro Devices.

Another solid up-day in regular-session markets have given way to deep sell-offs in specific names that have disappointed investors on quarterly earnings report in the after-hours period. First the good news: the Dow was +0.63% on the day, now within 4% of its all-time tr

Meta Platforms (FB) came out with quarterly earnings of $3.67 per share, missing the Zacks Consensus Estimate of $3.78 per share. This compares to earnings of $3.88 per share a year ago. These figures are adjusted for non-recurring items.

(RTTNews) - Shares of Meta Platforms, Inc. (FB), the parent company of Facebook, tanked over 20% in extended trading session on Wednesday after the company's fourth-quarter profit missed Wall Street view. The social networking company also issued a weak revenue outlook for the fi

All three Wall Street benchmarks ended higher on Wednesday, rising for a fourth straight session after a turbulent start to the year, aided by upbeat earnings from Google-parent Alphabet and chipmaker Advanced Micro Devices.