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The Latest Breaking News from Meta

Hasbro and Mattel forecast slow holiday shopping season

Hasbro and Mattel have lowered their sales projections for the fourth quarter, citing a challenging retail landscape.

The Street

IBD Live Q&A Summary, Stock Lists For Thursday, Oct. 26, 2023

Welcome to IBD Live! This list of FAQs and useful links will speed your learning curve. The Ready List contains top stocks that meet our fundamental and technical screening criteria that are in or near actionable buy areas. However, IBD Live participants should analyze the chart action to determine the…

Investors Business Daily

Dow Jones Dives 252 Points As Magnificent 7 Get Hit; Meta Stock Plunges On Israel-Hamas Warning

The Dow Jones fell as Magnificent 7 names like Apple and Tesla stock dived. Meta plunged on an Israel-Hamas warning. Amazon earnings beat.

Investors Business Daily

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Rebel's Edge -Analyzing Market News- $META, $HAS, $EDR, and NFL Facts

Jon and Pete Najarian join forces to discuss and debate their favorite topics, including the hottest stock-specific news and sports! Today: $META, $HAS, $EDR, and NFL Facts

The Street

With Zuckerberg's 'Year of AI' Still Ahead, Should You Buy or Sell Meta Stock After Earnings?

Meta Platforms released its Q3 earnings late Wednesday, and Wall Street is selling the news. Notably, the Mark Zuckerberg-led company sees AI as its key focus area for 2024, after having previously touting 2023 as the "year of efficiency."

Barchart

Arista Networks Tumbles On Meta Capital Spending Outlook

Shares in Arista Networks tumbled on capital spending guidance from Facebook-parent Meta Platforms.

Investors Business Daily

Meta Is Latest Big Tech Company to Disappoint the Markets

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.61%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.15%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -1.09%. Stocks today are lower on disappointing news from Meta...

Barchart

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Prosecutors Turn Their Extortion Racket Against Facebook and Instagram

The propensity of prosecutors to jump to conclusions before all the evidence is in is very destructive—and nothing new.

Reason

Pro-Palestinian Instagram account locked by Meta for ‘security reasons’

The @eye.on.palestine account unavailable to view after ‘signs of compromise’ were detected

The Guardian - UK

Mark Zuckerberg's Facebook earnings call caused Elon Musk even more pain

Facebook and Instagram parent Meta reported strong third-quarter results Wednesday.

The Street

Markets Today: Stocks Under Pressure as Meta Is Latest Tech Company to Disappoint

Morning Markets December E-Mini S&P 500 futures (ESZ2 3) are down -0.43%, and the Dec Nasdaq 100 E-Mini futures (NQZ2 3) are down -0.63%. Stock index futures this morning are moderately lower on disappointing news from Meta Platforms (META ), which is down more than -4% in pre-market trading after...

Barchart

Dow Jones Falls After GDP, Jobless Claims; Meta Stock Dives On Earnings, Amazon Next

The Dow Jones dropped Thursday after jobless claims and GDP data. Meta dived on earnings. And Amazon earnings are next.

Investors Business Daily

Stocks extend slump, Meta turns lower, Ford labor pact, UPS earnings mixed, Amazon on deck - 5 Things To Know

Stocks lower, Meta slumps, Ford labor pact, UPS earnings, Amazon on deck

The Street

Meta Platforms Q3 Revenue Beats Estimates, Up 23%

Social media giant reports strong financials, driven by increased user engagement and ad impressions.

Zenger

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The Street

Facebook owner Meta slumps as ad sales, spending outlook cloud impressive earnings beat

A cautious outlook for ad sales, and big 2024 spending plans is muting market reaction to an impressive third quarter earnings report from Facebook owner Meta Platforms.

France 24

US auto workers union, Ford reach tentative deal on new four-year contract

The largest US auto workers union and carmaker Ford have agreed to terms on a new contract that will see a 25 percent wage increase over four years. This means picketers will return to work at Ford's plants, but strikes at General Motors and Stellantis will continue. Also in this…

The Guardian - US

Humanity at risk from AI ‘race to the bottom’, says tech expert

MIT professor behind influential letter says unchecked development is allowing a few AI firms to jeopardise society’s future

The Guardian - AU

Afternoon Update: US mass shooting kills at least 16; Sydney woman found dead identified; and Gen Z want less sex on screen

A man is reported to have opened fire at a bowling alley and bar in Maine’s second-largest city of Lewiston in the US

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The Guardian - US

Meta earnings report reveals most profitable quarter in years

Company reports third-quarter revenue of $34.15bn, beating expected $33.56bn, and shares jumped in after-hours trading

Investors Business Daily

Dow Jones Futures Fall: Meta Extends S&P 500, Nasdaq Sell-Off After Google Dive

The S&P 500 and Nasdaq rally attempts are over as Google dived. Meta reversed lower after hours with Amazon on tap.

The Street

Facebook owner Meta crushes earnings forecasts, cuts spending plans, amid AI ad boom

Following stronger-than-expected ad sales for Google and Snap, Meta topped Street sales forecasts and crush Wall Street estimates in an impressive third quarter update.

Investors Business Daily

Meta Earnings Crushed Targets. Why Is The Stock Falling Anyway?

Meta earnings topped views, but shares fell after the social media giant warned on weaker advertising trends in Q4.

Zenger

42 Attorneys General Unite To Sue Meta Platforms Over Addictive Features Targeting Young Users

Meta faces legal challenges as attorneys general allege intentional design to retain young users

Evening Standard

Meta 'intentionally manipulates' children to become addicted to social media, lawsuit claims

33 US states are suing the company that owns Facebook and Instagram

Zenger

Meta Platforms Q3 Earnings: Revenue Expectations And Key Focus Areas

Meta Platforms Q3 Earnings: Analysts Expect $33.56B Revenue, Focus on AI and User Metrics

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