Meta Reports Losses in Q3 2022, Company’s Stock Down 20% in Pre-market
During a conference call, Mark Zuckerberg explains that his metaverse strategy is beyond the company’s current effort to develop its virtual reality business.
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During a conference call, Mark Zuckerberg explains that his metaverse strategy is beyond the company’s current effort to develop its virtual reality business.
While Elon Musk was delaying his Twitter buyout offer, a Delaware judge gave him a period until the 28th of October to close the deal
Rishi Sunak succeeds Liz Truss to become the next British Prime Minister. The crypto community celebrates Sunak’s pro-crypto stand while serving as the Chancellor in the Boris Johnson government.
Stock traders and investors look poised for a bountiful week of earnings as they await a major interest rate decision from the Fed.
Just like the positive bullish growth in the rest of the Asian Pacific market outside of China and Hong Kong, the United States stock market also ended its last trading session in the green.
The revenue miss did not impress investors as the company’s shares fell by 6.65% on Thursday to close at $207.28.
The social media company said it remains optimistic about its long-term opportunity amid its community growth.
The resignation move is something investors and market stakeholders were impressed about as shown in the current growth of the British Pound which has been on a freefall for the better part of the past few weeks.
With the growing inflation in the UK, many consumers are already planning a conservative holiday season according to a survey from McKinsey & Company.
Netflix wrote in its fiscal Q3 earnings announcement that it is “optimistic” about its new advertising business.
Following strong earnings reports from several financial companies, the Dow Jones Industrial Average is currently rallying.
The majority of companies that have released their performance reports have shown that the economic meltdown was born as a result of soaring inflation.
The S&P 500 registered the fifth-largest intraday reversal from the low in the history of the markets.
Fresh statistics reveal that consumer spending and inflation increased in September, even though the Fed continuously tries to fix inflation.
The ECB’s challenges are similar to those being faced by the United Kingdom and the United States.