Meta’s stock plunge to below $100 on track to wipe out more than $80 billion in market cap
admin Shares of Facebook parent Meta Platforms Inc. META, -22.74% plunged 23.6% in premarket trading Thursday,…
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U.S. jobless claims tick up in latest week
The numbers: Initial jobless benefit claims rose by 3,000 to 217,000 in the week ended…
Read MoreGDP grows 2.6% in the third quarter — but recession worries aren’t going away
The numbers: The economy grew at an annual 2.6% pace in the third quarter, rebounding…
Read MoreDurable-goods orders jump in September led by aircraft orders
The numbers: Orders at U.S. factories for long-lasting goods rose 0.4% in September. It was…
Read MoreECB hikes interest rates by 75 basis points, taking deposit rate to 1.5%
The European Central Bank on Thursday lifted its key interest rates by 75 basis points,…
Read MoreComcast’s stock pops as earnings indicate some growth in internet subscribers
Comcast Corp.’s broadband woes marginally improved in the third quarter as the company added a…
Read MoreShopify stock rises as earnings show smaller loss than expected
Shopify Technology Inc. shares were headed higher in premarket action Tuesday after the e-commerce company…
Read MoreAnalysts slash their ratings on Meta as costs balloon. ‘The bad news is you suck, the good news is you can only get better.’
Analysts were downgrading their ratings and price targets on Meta Platforms after the tech giant…
Read MoreMcDonald’s stock up 2.6% premarket after Q3 earnings beat
McDonald’s Corp. shares MCD, +0.34% soared 2.6% in premarket trade Thursday, after the fast-food giant…
Read MoreSouthwest Airlines stock jumps after Q3 profit beat, load factor tops pre-pandemic levels
Shares of Southwest Airlines Co. LUV, -0.72% jumped 2.6% in premarket trading Thursday, after the…
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