The Latest Breaking News from Benchmark

Meta Platforms Inc (NASDAQ: FB) has an advertising problem "getting worse, not better" as Benchmark initiated coverage on the Mark Zuckerberg-led company.

Analysts slashed their price targets on Roku Inc (NASDAQ:ROKU) post Q4 results. Pivotal Research analyst Jeffrey Wlodarczak downgraded to Sell from Hold with a PT of $95, down from $350 (34.4% downside).  The company reported an "overall mixed" Q4 as it issued a lower than forecast 2022 revenue outlook and decided to "massively ramp" operating expenses,…

Ford Motor Company (NYSE: F) reported weaker-than-expected earnings results for its fourth quarter after the closing bell on Thursday. Michael Ward of Benchmark told CNBC that the recent quarter was disappointing for Ford and the company missed on three out of four metrics he was tracking.