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Home > Latest

Lates News

date
01/05/2025
U.S. President Trump: We will have a major contractor, possibly considering companies like Lockheed Martin and IBM, the contractor will be responsible for the construction of a system.
Latest
2 m ago
Meta's revenue exceeds expectations, dispelling concerns about the advertising business, and the stock rises more than 6% after hours.
2 m ago
Meta Platforms (META.O) reported that its revenue for the first quarter reached $42 billion and stated that it will maintain stable growth in the coming months, dispelling concerns that Trump's tariffs would harm its global digital advertising business. The social media giant said its first-quarter revenue grew by 16%, exceeding analysts' expectations. Meta had previously expected the company's current quarter revenue to increase by 8% to 16% year-on-year, pushing its stock price up more than 6% in after-hours trading. In addition, the company's first-quarter net profit was $16.6 billion. Meta also announced a $1 billion reduction in its full-year spending outlook. However, Meta's metaverse business division, Reality Labs, recorded an operational loss of $4.2 billion and revenue of $412 million. Reality Labs has accumulated losses of over $6 billion since the end of 2020.
8 m ago
META's stock price rose 6.1% after hours, exceeding expectations for both first-quarter revenue and earnings per share.
8 m ago
Meta's after-hours stock price rose by 6.1%, with first quarter revenue and earnings per share exceeding expectations.
9 m ago
On Wednesday (April 30), the Magnificent 7 index of US technology stocks fell by 0.39% to close at 144.33 points, with a cumulative decline of 0.28% for the month of April. Tesla fell by 3.38%, Amazon dropped by 1.58%, Meta dropped by 0.98%, Google Class A dropped by 0.85%, Nvidia slipped by 0.09% while Microsoft rose by 0.31% and Apple increased by 0.61%. For the month of April, Meta fell by 4.75% for the third consecutive month, Apple fell by 4.34%, and Amazon fell by 3.07%. Amazon saw a 0.50% increase, Google Class A rose by 2.69%, Microsoft rose by 5.29% (after four consecutive months of decline), and Tesla rose by 8.87%. In addition, Eli Lilly rose by 1.55% and Taiwan Semiconductor ADR increased by 1.34% - with a cumulative increase of 0.42% for the month of April. AMD rose by 1.34% and Berkshire Hathaway, owned by Warren Buffett, fell by 0.25%.
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