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Futu Research | After the performance fell by more than 15%, was Meta killed by mistake?
Meta released its first quarter earnings report after the market on April 24, EST. The results completely exceeded expectations, but fell by more than 15% after the market, repeating last week's Netflix outcome.
Is Meta increasing investment in AI likely to follow the old path of burning money? Wall Street appeases the market: don't panic, long-term fundamentals remain the same
Meta released lower-than-expected earnings guidance for the next quarter and said that with the start of the AI competition, the company will enter the investment cycle for a period of time, which has had a huge impact on investors.
Amazon Stock Is Rising Thursday: What's Going On?
Amazon.com Inc (NASDAQ:AMZN) shares are trading higher in Thursday's after-hours session following a pair of blowout quarters from mega-cap peers Microsoft Corp (NASDAQ:MSFT) and Alphabet Inc (NASDAQ:
Earnings conference call began amid a sharp drop in stock prices. Zuckerberg was “very determined”: AI investment must increase dramatically before revenue can be obtained
Zuckerberg said that building leading-edge artificial intelligence is a larger task that may take several years. This statement further raised market concerns about spending, and Meta's post-market decline widened to nearly 20% at one point. What worries the market even more is that while investing heavily in AI, Zuckerberg still persists in his obsession with the metaverse.
Heard on the Street Recap: Meta Critic -- WSJ
By Heard Editors The future is going to be expensive. Investors were okay with that for the past several months, literally tacking a couple of trillion dollars onto the values of companies working a
Telecoms Down After Meta, Comcast Earnings -- Communications Services Roundup
Communications services companies slid after weak earnings from cable and social networking bellwethers. Comcast shares plunged after the cable and entertainment conglomerate posted an increase in st
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