Meta shares plunge 24% to the lowest price since 2016
Shares of Meta continued to sell off on Thursday as investors and analysts digested the company's earnings miss and weak outlook.
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Shopify shares pop 17% on smaller-than-expected loss
Shopify reported earnings before the opening bell. Here are the results.
GOP Rep. Liz Cheney backs Rep. Elissa Slotkin in tight Michigan House race in her first endorsement of a Democrat
Cheney is backing Slotkin in the Wyoming Republican's first-ever endorsement of a Democrat after having lost her GOP primary race to a Trump pick.
'We're going to hang you': DOJ cracks down on threats to election workers ahead of high-stakes midterms
The DOJ is cracking down on the escalation of violent threats ahead of another pivotal U.S. election that could flip the balance of power in Congress.
Amazon will open 172,000-square-foot Project Kuiper internet satellite factory
Project Kuiper is Amazon's plan to launch 3,000-plus internet satellites into low Earth orbit to extend high-speed broadband internet access around the globe.
U.S. GDP accelerated at 2.6% pace in Q3, better than expected as growth turns positive
Gross domestic product was expected to grow at a 2.3% annualized pace in the third quarter, according to Dow Jones.
Trump opposes watchdog for financial statements sought by New York Attorney General James in sweeping fraud lawsuit
Donald Trump and his Trump Organization are accused by New York Attorney General Letitia James of fraud related to financial statements.
Restaurant operating hours are still shorter compared to 2019, report finds
Eateries have trimmed their weekly operating hours by 7.5%, or 6.4 hours, compared with pre-pandemic schedules, according to a report from Datassential.
Meta plans to lose even more money building the metaverse while its ads business shrinks
Meta plans to continue investing billions into virtual reality and augmented reality amid investor concern over the health of its online advertising business.
Twitter 'cannot become a free-for-all hellscape,' Musk tells advertisers
Billionaire Elon Musk sought to reassure advertisers of his intentions in buying Twitter on the eve of his deadline to close the deal and avoid new trial dates.
Amazon CEO Andy Jassy violated labor laws with union remarks, federal agency alleges
Jassy said in interviews with CNBC's "Squawk Box" and Bloomberg Television that employees could be less empowered in the workplace if they voted in a union.
'Borrowers are feeling the squeeze' as interest rates climb while inflation remains high, chief financial analyst says
Here's a breakdown of how increases in the benchmark interest rate have impacted the rates consumers pay on the most common types of debt.
Omicron subvariants are resistant to key antibody treatments, putting people with weak immune systems at risk of Covid
President Biden cautioned that the immunocompromised are at heightened risk this winter and should talk to their physician about precautions.
Ford reveals third-quarter net loss, weighed down by supply chain problems and Argo A.I. investment
Ford on Wednesday updated its guidance to forecast full-year adjusted earnings before interest and taxes of about $11.5 billion.
Powell again is facing political pressure as worries mount over the economy
No stranger to political pressure, the Fed chief this week found himself the focus of concern in a letter from Democratic Sen. Sherrod Brown.
Meta shares plummet on weak fourth-quarter forecast and earnings miss
Facebook parent Meta reported earnings after the bell. Here are the results.
Seagate will cut 3,000 employees in latest sign of major PC and cloud slowdown
Hard drive maker Seagate Technology said Wednesday it plans to cut 8% of its global workforce, or about 3,000 employee.
New woman says Herschel Walker got her pregnant and drove her to abortion clinic
Former football star Herschel Walker says he opposes abortion in all circumstances. Two women have said they aborted his children with his awareness.
Microsoft exec says gaming is 'somewhat resilient' to economic weakness
In the Global Financial Crisis, Microsoft's Xbox console business had the best calendar year to date, and Xbox content and services got a pandemic bump in 2020.
Boeing reports quarterly loss on problems in Air Force One, tanker programs
Boeing's defense unit drove the company to a loss, despite nearly $3 billion in free cash flow.
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