The company offered multiple reasons for its surprisingly weak forecast. Take your pick on which is most concerning. Read More...
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Shortly thereafter, Facebook parent Meta Platforms (NASDAQ: FB) announced its latest financial results, and what it said completely shocked its shareholders...
Shares of Facebook's parent company dropped more than 20% in late trading. And the pain spread to other social media peers. Read More...
Sure, buying up expensive debt in a theatre chain with a volatile stock price in the age of streaming is "iffy," but the kids still love AMC.
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In Q1 2022, Spotify expects to report 418 million monthly active users. Analysts anticipated guidance of 417.8 million, according to StreetAccount. Read more...
Snap stock plunged and Pinterest fell, too, on the heels of a Facebook earnings report that missed estimates across the board. Read More...
The Facebook parent offered multiple reasons for its surprisingly weak outlook. Take your pick on which is most concerning. Read More...
The buybacks were a sign that CEO Mark Zuckerberg felt Meta stock, which fell to $250 Wednesday, was cheap in the $330s. Read More...
Facebook parent Meta crashed on weak earnings and guidance. Spotify also dived. Tech futures sold off after a narrow market rally. Read More...
Amid controversy, Spotify Technology SA executives said they expect fewer subscriber additions in the first quarter than Wall Street expected, and shares...