A version of this post was originally published on TKer.co. just because the stock market usually go up doesn’t mean that all stocks always go up. One stock that didn’t go up last week was Facebook parent Meta Networks (FB).¹ After reporting disappointing quarterly results on Wednesday, the company’s shares plunged 26% in a single … Read more
Facebook parent company Meta (FB) took a shellacking Thursday morning following its Wednesday Q4 earnings results, amid a miss on earnings per share and a dreadful outlook for Q1. Investors fled the company’s stock Thursday, sending it plummet more than 25% to a 52-week low of $244.75. In a statement, CFO David Wehner pointed to … Read more
Apple can hire the director of communications, augmented reality and research from Meta’s Reality Labs. Released in Bloomberg journalist Mark Gurman’s latest Power On newsletter, the news comes at a time when rumors of the company’s alleged augmented reality (AR) headset are reaching a boiling point in specialist publications. According to the journalist, “Meta, with … Read more