Get all your news in one place.

100's of premium titles.
One app.

Get all your news in one place.

100's of premium titles. One news app.

Benzinga

Business

Shanthi Rexaline

Meta's Investment Plans Spook Investors And Analysts — 3 Reasons Why KeyBanc Downgraded Stock

Keybanc Gene Munster Justin Patterson Meta

Meta Platforms Inc. (NASDAQ:META) shares plunged close to 20% late on Wednesday after the company reported a third-quarter earnings miss and issued a below-consensus forecast for the running quarter.

KeyBanc Downgrades Stock: While Meta’s third-quarter results and fourth-quarter guidance were largely fine, the 2023 operating expenditure outlook and Capex guidance were meaningfully higher than expected, KeyBanc analyst Justin Patterson said.

Sign up to read this article

Read news from 100's of titles, curated specifically for you.

Already a member? Sign in here

Top stories on inkl right now

Friends of Nolan Wells sue NFL Hall of Famer Terrell Owens for defamation

Friends of Nolan Wells sue NFL Hall of Famer Terrell Owens for defamation

Owens sued over September Instagram post that suggested trio tampered with evidence in death of Mississippi teen

The Guardian - US

Fergus County Measles Case Triggers Amtrak Exposure Alert in Montana as North Dakota Warns Empire Builder Riders

Fergus County Measles Case Triggers Amtrak Exposure Alert in Montana as North Dakota Warns Empire Builder Riders

A measles case in Fergus County, Montana, prompted alerts for an Amtrak stop in Malta and a Moore business as North Dakota warns train riders.

‘Not exactly his favorite senator’: Susan Collins distances herself from Trump in Maine debate

‘Not exactly his favorite senator’: Susan Collins distances herself from Trump in Maine debate

Republican challenged by Democrat Troy Jackson in critical Senate race says she opposes Iran war and Canada tariffs

The Guardian - US

Haiti postpones elections indefinitely as gang violence hampers preparations

Haiti postpones elections indefinitely as gang violence hampers preparations

Haiti has indefinitely postponed elections scheduled for December and February, the electoral council said Tuesday, citing technical and operational requirements as gang violence continues to disrupt preparations. The delay leaves Haitians without a vote as authorities struggle to register voters and secure areas needed for the poll.

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Tropical depression in Gulf predicted to be Atlantic season’s first hurricane

Tropical depression in Gulf predicted to be Atlantic season’s first hurricane

First hurricane of the season has not formed this late since 1905 as scientists say possible US landfall on Saturday

The Guardian - US

Texas Mum Holly Flores Accused of Stabbing Husband in Head as Two Children Found With Chest Wounds

Texas Mum Holly Flores Accused of Stabbing Husband in Head as Two Children Found With Chest Wounds

Holly Leeann Flores was arrested in Northlake after police said her husband and two young children suffered stab wounds. Investigators are examining the incident and its possible motive.

International Business Times UK

Related Stories

Top stories on inkl right now

Friends of Nolan Wells sue NFL Hall of Famer Terrell Owens for defamation

Friends of Nolan Wells sue NFL Hall of Famer Terrell Owens for defamation

Owens sued over September Instagram post that suggested trio tampered with evidence in death of Mississippi teen

The Guardian - US

Fergus County Measles Case Triggers Amtrak Exposure Alert in Montana as North Dakota Warns Empire Builder Riders

Fergus County Measles Case Triggers Amtrak Exposure Alert in Montana as North Dakota Warns Empire Builder Riders

A measles case in Fergus County, Montana, prompted alerts for an Amtrak stop in Malta and a Moore business as North Dakota warns train riders.

‘Not exactly his favorite senator’: Susan Collins distances herself from Trump in Maine debate

‘Not exactly his favorite senator’: Susan Collins distances herself from Trump in Maine debate

Republican challenged by Democrat Troy Jackson in critical Senate race says she opposes Iran war and Canada tariffs

The Guardian - US

Haiti postpones elections indefinitely as gang violence hampers preparations

Haiti postpones elections indefinitely as gang violence hampers preparations

Haiti has indefinitely postponed elections scheduled for December and February, the electoral council said Tuesday, citing technical and operational requirements as gang violence continues to disrupt preparations. The delay leaves Haitians without a vote as authorities struggle to register voters and secure areas needed for the poll.

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Tropical depression in Gulf predicted to be Atlantic season’s first hurricane

Tropical depression in Gulf predicted to be Atlantic season’s first hurricane

First hurricane of the season has not formed this late since 1905 as scientists say possible US landfall on Saturday

The Guardian - US

Texas Mum Holly Flores Accused of Stabbing Husband in Head as Two Children Found With Chest Wounds

Texas Mum Holly Flores Accused of Stabbing Husband in Head as Two Children Found With Chest Wounds

Holly Leeann Flores was arrested in Northlake after police said her husband and two young children suffered stab wounds. Investigators are examining the incident and its possible motive.

International Business Times UK

Our Picks

Have an Elmo Teether in the Freezer? Check It Before Giving It Back to Baby

That familiar red Elmo face sitting in your freezer may deserve a closer look before it goes back into your baby’s hands. A Skip Hop Baby “Sesame Street” Elmo Silicone Teether has been recalled because its black eye pieces can detach if the product is frozen, creating a choking hazard.…

Kids Ain't Cheap

Gen Z's new American Dream: Skip the mortgage, book the flight

Young Americans are trading square footage, new cars, and even moving out for plane tickets, even as airfares jump more than 20%.

Megan Fox Tagged 'Unrecognisable' in Letterboxd Video as Fans Defend Her Against Meaningless Comments

A Letterboxd video featuring Megan Fox and Karyn Kusama prompted online debate about Fox's appearance, with fans challenging unsupported speculation about cosmetic procedures or health

International Business Times UK

US Schools Record Nearly 12,000 Book Bans, the Highest Ever in a Single Year, as 'Jane Eyre' and 'Lessons in Chemistry' Join the List

PEN America reports nearly 12,000 book-ban instances in US schools, a record total, as Texas overtakes Florida and AI tools enter the removal process.

International Business Times UK

Alice Zaslavsky’s shortcut beetroot baked risotto – recipe

An unconventional technique makes this vibrant rice – finished with dill fronds – a lower-touch dinner for weeknights

The Guardian - AU

Does your sleep tracker get it right? A Pittsburgh neuroscientist weighs in

On a typical night, I go to bed wearing a tracking watch on one wrist and another type of tracker on the other wrist. Then I compare their sleep findings while I drink my morning coffee.

The Conversation

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.

Download on the AppStore

Get it on Google Play