Many growth stocks experienced an incredible 2020 as it relates to stock price appreciation, but since then these stocks have been crushed. As a result, plenty of formerly fast-growing stocks regularly set new 52-week lows, despite clear evidence of strong business execution. For
In 2021, the crypto bank Silvergate Capital (NYSE: SI) announced a blockbuster partnership with Meta Platforms (formerly Facebook) to become the exclusive issuer of the social media giant's planned U.S. dollar-backed stablecoin, Diem. Stablecoins are digital assets pegged to a cu
U.S. stock index futures eased on Tuesday ahead of data on manufacturing activity and job openings, with earnings from companies such as Exxon Mobil and Google parent Alphabet due later in the day.
India's budget for fiscal 2022-23 gave a thrust to its technology sector, with the finance minister announcing a plan to auction 5G airwaves this year, and pushing for the design and wider local manufacturing of telecoms and electronics products.
Alphabet (Google)’s stock (NASDAQ: GOOG) is scheduled to report its fiscal Q4 2021 results on Tuesday, February 1. We expect GOOG to beat the consensus estimates for revenues and earnings. The company has reported better than expected revenues and earnings figures in each
India's finance minister said on Tuesday the country will auction 5G airwaves this year, kicking off a rollout of next-generation telecoms services in the world's second-biggest wireless market by the end of March 2023.
Meta Platforms Inc-backed Diem Association sold its assets to crypto-focused bank Silvergate Capital Corp, Diem said on Monday, ending the tech giant's ambitious push to get its billions of users transacting in its own currency.
Silvergate Capital Corp said on Monday it has agreed to buy Blockchain Payments Network and other intellectual property assets from Meta Platforms Inc's digital currency venture Diem Association.
What happened
The stock market came roaring back to life on Monday, with the Nasdaq index up a whopping 3.4% for the day. Almost all technology stocks gained ground during the session, including Meta Platforms (NASDAQ: FB). The parent company of Facebook, Instagram, and WhatsApp
The three main benchmarks closed higher on Monday at the end of a volatile month for Wall Street, with the gains helping the tech-heavy Nasdaq narrowly avoid its worst ever start to the year.
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Meta Platforms Inc (Symbol: FB), where a total volume of 205,500 contracts has been traded thus far today, a contract volume which is representative of approxim
Shares of Sony (NYSE: SONY) continue to fall in the wake of Microsoft's (NASDAQ: MSFT) plans to buy Activision Blizzard (NASDAQ: ATVI), causing some to question the future of Sony's PlayStation. Tim Beyers analyzes the shifting landscape in entertainment, including Alphabet's (NA
LONDON (Reuters Breakingviews) - Daniel Ek is having his first Facebook moment. By sticking warning labels https://newsroom.spotify.com/2022-01-30/spotifys-platform-rules-and-approach-to-covid-19 on podcasts about Covid-19 and encouraging hosts
The three main benchmarks all traded higher on Monday at the end of a volatile month for Wall Street, with the tech-heavy Nasdaq flirting with its worst ever start to the year as investors dodged richly valued stocks with aggressive rate hikes on deck.
Meta Platforms FB is set to report fourth-quarter 2021 results on Feb 2.During the to-be-reported quarter, Facebook rebranded itself as Meta Platforms to focus on Metaverse.Meta expects total revenues between $31.5 billion and $34 billion for the fourth quarter of 2021.Th
Social media giant Meta Platforms FB is set to release fourth-quarter fiscal 2021 results on Feb 2 after market close. The stock has lost 8.6% over the past three months but has outperformed the industry’s average loss of 17.1%. The outperformance might continue as Meta P
The tech-heavy Nasdaq rose nearly 2% on Monday, but was still on track for its worst ever start to the year as investors shied away from stocks with lofty valuations amid aggressive rate hike bets and geopolitical tensions.
With the stock down 28% from its 52-week high and deep into correction territory, shares of Chipotle Mexican Grill (NYSE: CMG) may seem tempting at these levels. But even after the sell-off, Chipotle is trading at 57 times earnings, which is a huge premium to the restaurant sec
Investors in Meta Platforms Inc (Symbol: FB) saw new options become available this week, for the March 11th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the FB options chain for the new March 11th contracts and identified one put and one
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