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The Latest Breaking News from Meta

Dow Jones Futures: JPMorgan Buys First Republic As Market Rally Eyes 2023 Highs

The market rally is near 2023 highs after a big shakeout. JPMorgan will buy First Republic Bank. Big earnings and the Fed loom.

Investors Business Daily

Asian shares revive after big US tech rally

RECAP: Shares in Asia rallied yesterday after robust earnings from tech giants Meta, Microsoft and Alphabet buoyed Wall Street, where the S&P 500 had its best day since the first week of the year.

Bangkok Post

Arista: Artificial Intelligence, Profit Outlook Could Move Stock

Arista Networks is the IBD Stock of the Day ahead of its first-quarter earnings on May 1 as investors mull cloud computing capital spending.

Investors Business Daily

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Social media's battle for creators comes to earnings calls

But some platforms, like Alphabet's YouTube, gave creators more love than others this quarter.

Fortune

Market Rally Wobbles Amid Big Earnings Moves From Microsoft, Meta, Crocs, Cloudflare: Weekly Review

The stock market rally went to "under pressure" amid big earnings moves and revived banking fears, but the major indexes ultimately closed tightly again.

Investors Business Daily

Doctors issue urgent warning over diabetes drug Ozempic being sold on Facebook Marketplace

The alert comes after an increased number of social media posts, in which users are marketing the drug as a rapid weight loss solution

Chronicle Live

This Week in the Metaverse: Zuckerberg tries to reconcile A.I. with the billions he’s already sunk into the metaverse

Meta’s metaverse division, Reality Labs, lost nearly $4 billion in the first quarter—a billion dollars more than it lost in the same period last year.

Fortune

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Cathie Wood Gets Crushed By An Investment That Costs 73% Less

Growth stocks in the S&P 500 are playing right into Cathie Wood's hands. But even the famed investor can't outperform a cheap index.

Investors Business Daily

Meta Platforms’ VR Workers Making An Unusual Salary Reported By The Washington Post

The Facebook parent company has been hiring the best quality of talent to stay ahead of its competition in the metaverse.

Zenger

Meta Ends Facebook Watch Originals, Tables ‘Red Table Talk’

Five years after its measured and considerable premium streaming play kicked off, the social media giant retreats to the primordial ooze of user-generated content from which it came

Broadcasting & Cable

Meta Platforms Scrapping Facebook Watch As Jada Pinkett-Smith’s Show Sees Its Final Days

Jada Pinkett-Smith's ‘Red Table Talk’ Will Be Looking For A New Platform As Meta will be focused on the metaverse.

Zenger

Westpac forecasts RBA is done with rate hikes, ASX finishes higher, Coles' quarterly revenue climbs — as it happened

The ASX gains ground as Westpac forecasts the RBA will leave rates unchanged at its meeting next week. Look back on the day's events with our blog.

ABC News

Amazon earnings highlight a fairly positive quarter for Big Tech despite big cuts

Amazon reported more than $127 billion in revenue in its Q1 2023 financial earnings report.

Android Central

Dow Jones Futures Fall: Amazon Sees Slowing Cloud Growth; Cloudflare, Snap Plunge

Amazon reversed lower late slowing on cloud computing growth. Cloudflare and Snap are the latest huge earnings losers. Megacaps led Thursday's market rally but the gains were broad-based.

Investors Business Daily

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Barchart

Stocks Close Sharply Higher as Meta’s Earnings Impress

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Thursday closed up +1.96%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +1.56%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +2.76%. Stock indexes Thursday rallied sharply, with the Nasdaq 100...

Kiplinger

Stock Market Today: Meta Earnings Spark Major Rally on Wall Street

The Facebook parent's quarterly results overshadowed a worse-than-expected reading on Q1 gross domestic product.

Evening Standard

Jada Pinkett Smith’s Red Table Talk show cancelled as Meta decides to shut down FaceBook Watch originals

Other shows which will be affected by the demise of Facebook Watch originals include Steve Harvey’s Steve on Watch and various docuseries hosted by JoJo Siwa, Yara Shahidi and Becky G

TechRadar

Meta confirms Oculus Quest 3 will be affordable, but its VR business is on thin ice

The Oculus Quest 3 will be available at an "accessible" price according to Mark Zuckerberg, but how much longer can its VR losses continue?

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news in one place.

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The Street

Zoom Video Stock Has Slumped; Is It Time to Buy?

Zoom Video stock exploded to its highs and has now coughed up 90% of its value. Is it time to buy when no one wants the stock?

The Street

Meta Stock, Surging on Earnings, Faces Key Level on the Charts

The best-performing FAANG stock of Q1 continues as its year-to-date gains hit 100%. Here's the trade.

The Street

Mark Zuckerberg Denies the Metaverse Is Dead

The Meta CEO hasn’t abandoned his vision yet.

Barchart

Stocks Rally as Meta’s Earnings Boosts Sentiment

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.88%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.60%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.48%. U.S. stock indexes this morning are moderately higher. Strength...

The Street

Mark Zuckerberg Reveals a Troubling Change to How Facebook, Instagram Feeds Work

This is why your social media feeds are a bit different lately.

Investors Business Daily

Big Tech Charges Higher While Small Caps Lag; Analyst Warns Of Chip Stocks Breakdown

The chip analyst warned that internal breadth was much weaker than the broad indexes suggest.

The Independent UK

Jada Pinkett Smith’s Red Table Talk cancelled at Facebook

Move comes amid a wider cost-cutting initiative by Meta

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