TAG: Meta Platforms
Meta Platforms’ 1Q earnings preview: Growth momentum to stay intact
When does Meta Platforms report earnings? Meta Platforms (formerly Facebook) is set to release its quarter one (Q1) 2024 financial results on 24 April 2024 after the US market closes. Meta Platforms’ 1Q 2024 results – what to expect Source: Refinit...
6 months ago
Look ahead: US Durable goods; German business morale; Boeing; Meta; IBM; Ford
Investors eye Meta and IBM for clues on whether the AI euphoria will continue. Ford reports a day after GM beats the street. (AI Video Summary) Key economic indicators to watch The "Look ahead" to Wednesday, 24 April, focuses on various key economic...
5 months ago
Tesla shares rise on strategy shift
The equity markets The equity rally continued overnight as Asia–Pacific (APAC) equity markets followed the US index lead. The Australian dollar The AUD was up for a third straight day, supported by the latest Australian inflation data. The trimmed mean co...
5 months ago
Beat the street: Meta; Microsoft; Alphabet; Tesla; US durable goods
S&P 500 E-Mini futures extend gains slightly after the March durable goods print. Tesla promises new models, after shelving plans for cheaper EVs. Plus, IG Head of Premium Clients Peter Ward joins us to discuss why the trading action is spreading from...
5 months ago
Meta Platforms’ earnings round-up: Share price plunged despite 1Q beat
Meta’s share price plunged post-results Meta’s share price plunged as much as 16% in post-market trading, following the release of its 1Q 2024 results. If this is followed through in the US session, this will be the largest percentage drop for the company...
5 months ago
Can the FTSE 100 remain above 8,000 points?
BHP Group London-listed miner Anglo American has received an all-share buyout proposal from BHP Group. It would create the world's biggest copper miner, churning out around 10% of global output. The deal would give BHP access to more copper, one of the mo...
5 months ago
Meta down 17%... are investors tiring of AI?
Earnings per share came in at $4.71, comfortably above estimates of $4.32 and revenues up 27% year-on-year, at $36.46bln, above the forecasts of $36.16bln. That was the fastest rate of revenue expansion for any quarter since 2021. However, shares have qui...
5 months ago
Beat the street: US GDP and Meta weighs; Alphabet; Microsoft; Intel
Plus, after Meta, watch out for Alphabet, Microsoft and Intel after the market close. (AI Video Summary) US Q1 GDP reading comes in cooler than expected Today's episode of "Beat the street" with Angeline Ong discusses the recent downturn in US stocks...
5 months ago
Will Apple and Amazon drive the markets? Or will the pivot point be NVIDIA?
Rick Bensignor, President of Bensignor Investment Strategies, tells IGTV’s Angeline Ong why the answer will come in the back half of May when ‘weathervane stock’, NVIDIA, reports. (AI Video Summary) Market resilience despite unexpected inflation numbe...
5 months ago
Week Ahead: Trillion Dollar Titans In Focus
4 of the so-called “Magnificent 7” set to publish earnings Combined market cap of 4 tech giants over $9 trillion Beyond earnings, key focus remains on AI initiatives Meta could move almost 10% ↑ or ↓ post-earnings Apple biggest company in the world rep...
2 months ago
S&P 500 finally suffers a big drop – what comes next?
S&P 500 finally snaps its winning streak Until yesterday, the S&P 500 had gone 356 trading days without a 2% drop. This is the strongest run since 2017 for the index, and underscores how powerful this rally has been. Winning streak chart...
2 months ago
Beyond The “Magnificent”: Five Big Growth Themes To Watch
Nothing stays the same forever – and that’s especially true in the market. While Big Tech stocks still hold the crown, smart investors are diversifying and looking beyond those titans. They’ve got very real concerns about concentration risk – having too m...
1 week ago