Meta Platforms, Ferrari, ConocoPhillips rise premarket; Arm, Moderna fall
rose Thursday after the Federal Reserve opened the door for a rate cut in September, while the quarterly earnings season continued.) stock fell 9.6% after the chip designer offered up a conservative revenue forecast, sparking worries that returns from a spending frenzy on AI computing would be relatively slow to materialize.) stock slumped 11% after the drugmaker cut its full-year revenue guidance, citing low EU sales and a competitive vaccine environment in the U.S..) stock rose 0.
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Meta is changing its policy for the most-moderated word on its platformsKarissa is a senior reporter at Engadget, covering Meta, Twitter, TikTok, Snap and all things social media. Her interests include tech policy, internet culture, and all the ways our online activities shape our IRL selves.
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