Meta Platforms Inc

Why Mark Zuckerberg is talking so much about Meta's Whatsapp for business

Why Mark Zuckerberg is talking so much about Meta’s Whatsapp for business

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Facebook’s new rebrand logo Meta is seen on smartpone in front of displayed logo of Facebook, Messenger, Intagram, Whatsapp and Oculus in this illustration picture taken October 28, 2021. Dado Ruvic | Reuters WhatsApp is already widely popular with U.S. consumers. Now Meta Platforms is turning more attention to building its small business base. The …

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S&P 500 rises slightly to start August following its best month since 2020

S&P 500 rises slightly to start August following its best month since 2020

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Oil heading back to $130, says Goldman Oil prices declined on Monday amid demand concerns, but Goldman’s Jeff Currie believes fears of an all-out demand slowdown are overblown. He sees international benchmark Brent crude touching $130 by the end of the year. On Monday, the contract traded roughly 3.2% lower at $100.68 per barrel. Supporting …

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Big Tech shows its good to be big, as growth slowdown leads to stock gains while smaller rivals find only pain

Big Tech shows its good to be big, as growth slowdown leads to stock gains while smaller rivals find only pain

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After super charged, double-digital growth during the pandemic, the results from the five biggest U.S. tech giants this week showed a slowdown as they grapple with inflation, looming recession and an overall slowing economy, but they were largely rewarded by Wall Street because their size shows their strength. During the last week, all of Big …

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Is Mark Zuckerberg taking the first step toward turning Facebook into Yahoo 2.0?

Is Mark Zuckerberg taking the first step toward turning Facebook into Yahoo 2.0?

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Yahoo was once the most popular website on the planet, the only place that everyone on the internet seemed to touch at least once an online session. After an ignominious slide, however, Yahoo is just another site that has some fans in certain parts of Asia and offers some niche products. Has Mark Zuckerberg launched …

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Facebook lawsuit delivers on FTC chair Lina Khan's progressive agenda

Facebook lawsuit delivers on FTC chair Lina Khan’s progressive agenda

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FTC Commissioner nominee Lina M. Khan testifies during a Senate Committee on Commerce, Science, and Transportation confirmation hearing on Capitol Hill in Washington, DC, April 21, 2021. Graeme Jennings | AFP | Getty Images Federal Trade Commission Chair Lina Khan’s lofty vision of bringing challenging cases to expand the bounds of antitrust enforcement is no …

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Apple's earnings will give a peek into the mindset of the high-end consumer

Apple’s earnings will give a peek into the mindset of the high-end consumer

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Tim Cook, chief executive officer of Apple Inc., speaks during the Apple Worldwide Developers Conference at Apple Park campus in Cupertino, California, US, on Monday, June 6, 2022. David Paul Morris | Bloomberg | Getty Images Apple reports earnings on Thursday for the quarter ended in June. The third quarter of Apple’s fiscal year is …

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Facebook's stumbling ad business lies at the center of tech earnings week

Facebook’s stumbling ad business lies at the center of tech earnings week

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The logo of Meta Platforms is seen in Davos, Switzerland, May 22, 2022. Arnd Wiegmann | Reuters It’s earnings palooza week for Big Tech, with the four most valuable U.S. companies plus Meta all reporting quarterly results. Alphabet and Microsoft kick off the action on Tuesday, with Apple and Amazon wrapping things up on Thursday. …

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Amazon already knows a lot about me, but One Medical takes it to a whole new level

Amazon already knows a lot about me, but One Medical takes it to a whole new level

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One Medical clinic One Medical For the better part of a decade, One Medical has been my primary care provider. It’s convenient, with locations around the Bay Area, and I like being able to schedule a same-day physical or get a quick referral to a specialist. One Medical knows a lot about me. In addition …

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Markets face what could be the most important week of summer with Fed, earnings and economic data

Markets face what could be the most important week of summer with Fed, earnings and economic data

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A trader works on the floor of the New York Stock Exchange (NYSE), June 27, 2022. Brendan McDermid | Reuters There’s a head-spinning amount of news for markets to navigate in the week ahead, the biggest of which will be the Federal Reserve’s midweek meeting. The two largest U.S. companies — Microsoft and Apple — …

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Wall Street's favorite stock sector has potential upside of 43% as we enter the second half of 2022

Wall Street’s favorite stock sector has potential upside of 43% as we enter the second half of 2022

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At the midpoint of 2022, investors are looking at a remarkable change in stock valuations. The S&P 500 SPX has declined 20%, but the benchmark index’s forward price-to-earnings valuation has fallen by 24% because future earnings estimates have continued to increase. In other words, the S&P 500 has gotten cheaper. Analysts expect the stock market …

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