Meta Platforms Inc.’s (NASDAQ: META) short-term fundamentals seem to be deteriorating, as the Menlo Park, California-based company invests in the metaverse while facing a slowdown in revenue growth, according to one analyst.
Shares of Nio Inc - ADR (NYSE: NIO) were trading lower Monday as China deals with surging COVID-19 cases and Nio announced it is forming a committee to investigate recent short seller allegations.
While DigitalOcean Holdings Inc’s (NYSE: DOCN) share price already reflects benefits from pricing increases, it does not reflect the various risks and exposures for the second half of the year, according to Morgan Stanley.
The equity markets went through a harrowing time in the first-half of 2022, but Wall Street analysts are confident of an improvement for the remainder of the year.