Results for "meta"
2 results
Meta Shares Decline Amid Falling Profits and AI Investment Concerns
Meta Platforms' shares have reportedly fallen following a report of declining profits and a subdued sales forecast, sparking concerns among investors about the company's substantial spending on artificial intelligence initiatives, which has placed CEO Mark Zuckerberg under increased scrutiny, according to industry observers.
1h agoGlobal Markets Face Critical Week: Fed Decision, Key Economic Data, and Tech Earnings Amidst Mideast De-escalation
Global financial markets are poised for a pivotal week featuring critical central bank decisions from the Federal Reserve, Bank of England, and Bank of Japan, alongside key economic data including US Q2 GDP and June core PCE inflation, and major corporate earnings reports from influential tech giants, all while navigating a fragile pause in Middle East hostilities that has prompted an initial positive market reaction.
Jul 27