After plunging down the ranks of the largest U.S. companies late last year, Meta Platforms Inc. META is making a big comeback.
After plunging down the ranks of the largest U.S. companies late last year, Meta Platforms Inc. META is making a big comeback. But Meta had come a long way from its standing in early November, when it sat at No. 25 at the end of three different trading sessions. Back then, it was worth less than companies such as Eli Lilly & Co. LLY , Home Depot Inc. HD , and PepsiCo Inc. PEPThe Facebook parent company’s ascension, once again, through the throngs of corporate heavyweights makes for a pretty staggering chart.
Source: News Formal (newsformal.com)
I'm on meta.
They will greatly benefit from Apple bringing mixed reality to the attention of the masses. VR will stop being seen as a box you get into but a way to bring AI next to you, to your room, in the flesh, as an assistant.
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Meta's 'Year of Efficiency' was everything Wall Street needed to hear from ZuckerbergMeta shares rallied after the company reported better-than-expected revenue and told investors that it's getting more efficient. 😂 I’m other words Biden and the democrats have squeezed your ass so much! Better vote for Republicans to save your company in 2024! I am going to sell my 2007 nissan versa( 483,901 km ) , first thing tomorrow morning and buy meta for all the money i receive. I heard used car prices are still great. Hopefully i can get around $15000 for my 2007 car.
Source: CNBC - 🏆 12. / 72 Read more »
Meta stuns Street with lower costs, big buyback, upbeat salesMeta Platforms Inc's stricter cost controls this year and a new $40 billion share buyback sent shares soaring on Wednesday, as CEO Mark Zuckerberg called 2023 the 'Year of Efficiency.' Year of efficiency. 🤡 so workers lose their jobs because mark had a historically bad idea Fk Meta and zuckapunk
Source: Reuters - 🏆 2. / 97 Read more »
PayPal's rocky road ahead warrants more cost cuts, Wall Street saysPayPal Holdings Inc will need to cut more costs with its payment volumes expected to shrink as customers batten down the hatches to prepare for a potential economic downturn, said Wall Street analysts, warning of a tough year ahead.
Source: Reuters - 🏆 2. / 97 Read more »
Wall Street likes what Fed chief Jerome Powell has to say — listen to the 'Homestretch'Jim Cramer reacts to Federal Reserve Chair Jerome Powell's press conference after the U.S. central bank's latest interest rate hike. He also previews Meta's upcoming earnings report. A transcript will be added shortly.
Source: CNBC - 🏆 12. / 72 Read more »
HBCU students are diversifying Alternative Investing with the help of Wall Street's biggest firmsCNBC's Frank Holland reports on Alt-Finance, a unique fellowship introducing HBCU students to alternative investing, created by Ares Capital, Oaktree Capital and Apollo Global Management. FrankCNBC I want to Be on ! FrankCNBC RESPECT 🔥 FrankCNBC HBCU should all have their finances audited.
Source: CNBC - 🏆 12. / 72 Read more »
Zuckerberg and Intel are shipping the proceeds from their layoffs straight to Wall StreetWall Street long groused about cash-generating tech companies refusing to pay dividends and buy back stock. That is no longer a problem, in multiple respects. And shareholders tpoletti First they came for the white men and I said nothing because I was a Jew tpoletti The necessary consequence of unbridled Capitalism is that Capital always get preference over labor. As long as people make money with Capital alone, that will ensure the structure favors Capital.
Source: MarketWatch - 🏆 3. / 97 Read more »