Meta Platforms reported a solid beat on both the top and bottom lines after markets closed on Wednesday, sending shares up more than 10% in Thursday's premarket.
After a down day Tuesday, Wednesday was shaping up more positively, thanks to positive earnings reports from two tech biggies, with two more still to come this week.
The third of the four tech mega-caps reporting quarterly earnings this week hits the spotlight after markets close Thursday. Two energy companies are also scheduled to report results.
Thursday's top analyst upgrades and downgrades included Apple, Aramark, Bank of America, Chevron, Diamondback Energy, Exxon Mobil, Goldman Sachs, KeyCorp, Marathon Petroleum, Meta Platforms, Netflix, Nvidia, Pioneer Natural Resources, Rivian Automotive, Schlumberger,…
Facebook is preparing to lay off thousands more of its workers in April and May.
Douglas A. McIntyre After years of buzz, artificial intelligence finally is gaining traction, and, as with any innovation, mega-cap tech giants are likely to benefit first. Here are five Goldman Sachs AI stock picks for…
Friday's top analyst upgrades and downgrades included American Airlines, Broadcom, Chevron, DraftKings, Enphase Energy, EOG Resources, Exxon Mobil, First Solar, Hertz Global, LyondellBasell Industries, McDonald’s, Merck, Meta Platforms, Shopify and SunPower.
The monthly PCE report is due out before markets open on Friday. Alt energy truck maker Nikola is raising $100 million from a sale of freshly printed common stock, and Facebook may…
CEO Bob Iger begins the round of cost-cutting he promised activist investor Nelson Peltz last month in order to avoid a proxy fight, and Warren Buffett buys even more stock in oil…
Friday's top analyst upgrades and downgrades included AMC Entertainment, APA, Chewy, Coterra Energy, Dynatrace, FirstSolar, Marathon Oil, Match, Meta Platforms, Ovintiv, Pioneer Natural Resources, Samsara, SL Green Realty and Toast.
Thursday's top analyst upgrades and downgrades included Antero Resources, Carnival, CF Industries, ChargePoint, Enphase Energy, Howmet Aerospace, Meta Platforms, New York Community Bancorp, Nike, Nvidia, PulteGroup, Ross Stores, Spotify Technology, Sunstone Hotel…
Wednesday's top analyst upgrades and downgrades included Alphabet, Danaher, Emerson Electric, Foot Locker, GoDaddy, Harley-Davidson, Meta Platforms, New York Community Bancorp, Nvidia, Prologis, Rio Tinto, Simon Property and Vornado Realty Trust.
The banking crisis is not over yet, but investors appear to be satisfied for now that the world is not about to end.
Meta Platforms has been widely criticized for laying off 20,000 people but inventors cheered.
Douglas A. McIntyre Thursday's top analyst upgrades and downgrades included Azul, Charles Schwab, Comerica, Darden Restaurants, Harley-Davidson, KeyCorp, Meta Platforms, Microsoft, Netflix and Truist Financial.
