platforms
As Meta Platforms Inc. META and Alphabet Inc. GOOGL GOOG prepare to release their third-quarter results, an analyst at KeyBanc Capital Markets took down his estimates — both current year and forward — as well as price targets for shares. What Happened: Justin Patterson maintained his Overweight ratings for the shares of both Meta and […]
What happened Shares of Adobe (ADBE -7.06%), Meta Platforms (META -9.37%), and Netflix (NFLX -7.78%) were all tumbling today after the latest U.S. Bureau of Labor Statistics report showed that inflation increased faster than expected in August. Investors had been hoping for inflation to show signs of slowing down, but the increase in costs reminded […]
Fritz Jorgensen/iStock Editorial via Getty Images It Looks Like Nothing Has Changed About six weeks ago I wrote Meta Platforms (NASDAQ:FB) Buying Frenzy. For simplicity, here’s what I said: Probably more than anything else, I want to emphasize that FB’s price has dropped like a rock, but it’s a cash pumping machine. Maybe it was […]
Fritz Jorgensen/iStock Editorial via Getty Images Meta Platforms, Inc (NASDAQ:FB) is showing rapid improvement in its digital payments segment within important regions like India and Brazil. The company has recently received permission to double its payments user base to 40 million within India. This should allow the company to expand its services in all the […]
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