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6 minute read

Meta’s Q1 Earnings: Analysts Say Support Its AI Strategy, ‘Use Meta As A Source Of Funds,’ Question Long-Term Value

By Surbhi Jain
April 25, 2:25 PM
Meta Platforms reported Q1 2024 earnings. Analysts have mixed views, with some optimistic about Meta's focus on AI and the Metaverse, while others recommend selling the stock. Wedbush favors Google, while Needham suggests using Meta as a source of funds.

AAPL

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2 minute read

Stocks Drop, Tech Tumbles With Meta’s Weak Outlook, Q1 Stagflation Fears; Gold Miners Advance: What’s Driving Markets Thursday?

By Piero Cingari
April 25, 1:30 PM
Wall Street suffers a double blow in Thursday’s session, as softer-than-expected revenue forecasts from Meta Platforms Inc. (NASDAQ:META) are being compounded by weaker-than-expected economic growth and higher inflationary pressures last quarter, raising fears of a stagflation phase

AZN

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2 minute read

Magnificent 7 Tumble, Wipe Out $300 Billion On Meta’s Weak Guidance, Q1 Stagflation Woes

By Piero Cingari
April 25, 11:35 AM
Tech stocks plummet as Magnificent 7 giants lose $303B in market value. Meta Platforms issues weak guidance, GDP growth slows and inflation rises.

AAPL

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4 minute read

US Stocks Brace For Negative Start Amid Tech Earnings Disappointments, Caution Ahead Of Data: ‘Worst Of This Two-Week Decline Is Behind Us,’ Says Analyst

By Shanthi Rexaline
April 25, 6:17 AM
The back-and-forth motion in the market continues, with the index futures pointing to a lower opening on Thursday. Meta Platforms, Inc.’s (NASDAQ:META)

AAL