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Stock Market Today: Dow, S&P Live Updates for April 24: A $250 billion exchange-traded fund tracking the Nasdaq 100 got hit in late hours after Meta Platforms ...
bloomberg.com/news/articles/2024-04-23/stock-market-today-dow-s-p-live-updates
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Meta: I Am Aggressively Buying The Drop (Rating Upgrade): Meta Platforms' strong EPS growth prospects, high FCF, and margins make shares an attractive deal for ...
seekingalpha.com/article/4686034-meta-i-am-aggressively-buying-the-drop-stock
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Quick Glance: Meta Quarterly Results: Revenue Expectations Lowered, Stock Fell
- Meta's quarterly results exceeded expectations, but the revenue forecast for the next quarter was lowered.
- Despite successful ad business and increasing user numbers, Meta's stock experienced a drop of over 10 percent.
- Analysts caution about Meta's reduced revenue expectations for the second quarter, leading to investor skepticism.
- Zuckerberg plans to significantly increase investments in AI models in the coming years to enhance Meta's leading position in the artificial intelligence domain.
Meta's open source AI is a blow to Google and OpenAI: Mark Zuckerberg is ruining the market for his competitors with his open source strategy. Investors doubt ...
nzz.ch/technologie/facebook-konzern-meta-verschenkt-seine-kuenstliche-intelligenz-eine-kampfansage-an-google-und-openai-ld.1827392
Quick Glance: AI Revolutionizing Call Centers: TCS Insights
- The head of Tata Consultancy Services predicts chatbots will reduce the need for human call center agents significantly, revolutionizing the industry.
- TCS's generative AI projects have doubled in value to $900 million by March, highlighting the increasing demand for tech talent and the need for workforce training.
- Reports suggest that overall IT services growth is affected by global uncertainties like inflation, war, and elections, leading to a decline in spending and slower revenue growth for companies like TCS and Infosys.
- Infosys anticipates a modest 1-3% sales growth in the upcoming financial year due to customers delaying discretionary spending on new tech projects amidst the current economic climate.
Middle East: Dieter Hallervorden fights for Gaza: "Atrocities usually have a history. And no one is born a terrorist," writes Dieter Hallervorden in a Facebook ...
nzz.ch/feuilleton/wie-aus-einem-komiker-mit-opa-humor-ein-vorkaempfer-fuer-gaza-geworden-ist-ld.1827557
Meta, Netflix and 2 Other Stocks May Be Bargains After Post-Earnings Slides: Shares of Meta Platforms, Netflix, Sherwin-Williams, and Caterpillar look cheap ...
barrons.com/articles/meta-stock-netflix-earnings-cb4f3067
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DJT Stock Rises. Trump Media Ramps Up Fight Against Short Sellers.: Trump Media, the parent of the Truth Social platform has written to the chair of the Nasdaq ...
barrons.com/articles/djt-stock-price-donald-trump-media-truth-social-1d639bdf
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Aaron Sorkin to write film about January 6 and Facebook disinformation: The Social Network screenwriter is returning to digital chaos for a new film about how ...
theguardian.com/culture/2024/apr/26/aaron-sorkin-january-6-film
Quick Glance: Aaron Sorkin Writing Potential Social Network Sequel
- Oscar-winning screenwriter Aaron Sorkin reveals he is working on a new movie that could be a follow-up to The Social Network.
- Sorkin blames Facebook for January 6 and plans to address how social media is impacting democracy.
- He criticizes Facebook for tuning its algorithms to promote divisive content to increase engagement, neglecting the balance between growth and integrity.
- While Sorkin's representatives have not responded yet, sources mention the project is in early stages of development with no attached studio.
Alphabet’s (GOOGL) Cash Pile Raises Dividend Hopes on Wall Street: Alphabet Inc. is bringing in so much cash that hopes are rising it will take a page out of the ...
bloomberg.com/news/articles/2024-04-22/alphabet-s-cash-boom-is-raising-dividend-hopes-on-wall-street
Threads has 150 million monthly users: Meta’s Threads app now has more than 150 million monthly users, an increase of about 20 million new users since February
engadget.com/threads-has-150-million-monthly-users-215853190.html
Meta’s AI Spending Spree Is Boosting Chip, Networking, Server Stocks: Meta Platforms is headed for a phase of aggressive investments as it builds infrastructure ...
on.barrons.com/3wj7APn
Breakingviews: TikTok’s fate matters only up to a point for Meta: The countdown clock is starting for TikTok, but Meta Platforms boss Mark Zuckerberg will only ...
reuters.com/legal/transactional/tiktoks-fate-matters-only-up-point-meta-2024-04-24/
Quick Glance: ByteDance Would Consider Closing TikTok in US Over Sale, Sources Claim
- ByteDance would prefer to cease TikTok operations rather than engage in a sale if all legal avenues are exhausted to combat potential legislation banning the platform in US app stores, as per four sources.
- Despite TikTok's massive popularity with over a billion users, it remains unprofitable, contributing a small fraction to ByteDance's overall revenues and daily active user base.
- ByteDance stated on Thursday in a release on Toutiao, a media platform it possesses, that there are no intentions to sell TikTok, in response to claims from The Information about ByteDance exploring sale scenarios for TikTok's US operations excluding the recommending algorithm for user videos.
- As of December, ByteDance's valuation stood at $268 billion when it proposed a buyback of approximately $5 billion in shares from investors.
Meta Gets EU Warning Over Use of Sexual Orientation Data: Meta Platforms Inc.’s Facebook should be blocked from exploiting public information on a users’ sexual ...
bloomberg.com/news/articles/2024-04-25/meta-gets-eu-privacy-warning-over-use-of-sexual-orientation-data
Meta Dismay: The Bloomberg Open, Asia Edition: Good morning. Meta plunges on a disappointing outlook. The yen weakens further. And a Klimt painting is sold at a ...
bloomberg.com/news/newsletters/2024-04-24/meta-dismay-the-bloomberg-open-asia-edition
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The Prompt: The Latest AI Startup To Face Reality: Plus: Mark Zuckerberg’s fake beard and AI-generated e-textbooks
forbes.com/sites/rashishrivastava/2024/04/23/the-prompt-the-latest-ai-startup-to-face-reality/
Meta share collapses sharply: This is now making investors very worried: Meta share falls 12.5% after quarterly figures, disappointed with outlook and cost ...
boerse-online.de/nachrichten/aktien/meta-aktie-bricht-deftig-ein-das-macht-anlegern-jetzt-grosse-sorgen-20356089.html
Meta and Tesla: A Tale of 2 CEOs. Why Musk’s AI Plan Trumps Zuckerberg’s, and 5 Other Things to Know Before Markets Open.
barrons.com/articles/meta-tesla-stock-what-to-know-today-29ea8baa
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Tattooed woman mad about job rejection: A woman whose face is covered in tattoos and piercings has claimed she was denied a job at retailer TJ Maxx over her body ...
news.com.au/lifestyle/real-life/news-life/its-so-annoying-woman-claims-she-was-rejected-by-employer-over-tattoos/news-story/0db190395818979aa7926cb9378f6c0e
Where are Wall Street's analyst notes on Trump's Truth Social?: Trump Media & Technology Group is one of the most actively traded U.S. stocks ...
reuters.com/business/media-telecom/where-are-wall-streets-analyst-notes-trumps-truth-social-2024-04-25/
Stock Market Today: Dow, S&P Live Updates for April 25: Asian equity markets dropped after Meta Platforms Inc.’s disappointing outlook raised concern on whether ...
bloomberg.com/news/articles/2024-04-24/stock-market-today-dow-s-p-live-updates
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Quick Glance: Current Stock Market Trends: Dow, S&P Updates for April 24
- Major tech giants experienced a downturn in late hours following disappointing forecasts from Meta Platforms Inc., raising concerns about the stock market's trajectory.
- Before the results, the broader market struggled to gain momentum as traders prepared for economic data that will influence views on the Federal Reserve's next moves.
- Investors withdrew around $200 million from value-based ETFs this month, while growth stocks attracted over $3 billion in inflows.
- JPMorgan Chase & Co. is signaling a clear buy indication for US stocks after reaching a threshold that typically precedes above-average gains.
Ads for Explicit ‘AI Girlfriends’ Are Swarming Facebook and Instagram: WIRED found thousands of ads running on Meta’s social platforms promoting sexually ...
wired.com/story/ads-for-explicit-ai-girlfriends-swarming-facebook-and-instagram/
Trump called this visa 'very bad.' Truth Social applied for one: The social media company founded by former President Donald Trump applied for a business visa ...
apnews.com/article/trump-truth-social-business-visa-h1b-51c5a41faff696709a2d2cc6ec4e2695
Mark Zuckerberg says Threads has 150 million monthly active users: Threads, the Twitter/X rival from Meta, is growing at a stable pace. The social network now ...
techcrunch.com/2024/04/24/mark-zuckerberg-says-threads-has-150-million-monthly-active-users/
Meta’s Earnings Need to Deliver. The Risk Is High.: Expectations—and the risk of a disappointment—are high as Meta Platforms, owner of Facebook and Instagram ...
on.barrons.com/3JzQKPe
China vs. USA: TikTok controversy could strengthen democracy: China's stance on TikTok could inadvertently promote digital ethics and pave the way for stricter ...
t-online.de/digital/kolumne-nicole-diekmann/id_100392090/china-vs-usa-tiktok-kontroverse-koennte-demokratie-staerken.html
Apple removes WhatsApp and Threads from China store under pressure from Beijing: Internet regulator orders delisting of two Meta-owned apps over ‘national ...
ft.com/content/17b0059b-14b5-42fa-a84f-7de7a05ac08a
Quick Glance: Apple removes WhatsApp and Threads in China
- Apple removes Meta-owned apps under Chinese government pressure.
- Apps delisted due to 'national security concerns'.
- Chinese users now unable to download Western social media apps.
- Apple faces declining iPhone sales in China despite branding efforts.
Bitcoin falls below $64,000 as Meta, Microsoft and Google continue to drop: Slow economic growth and weak earnings reports in the tech sector have led to a ...
qz.com/bitcoin-ether-meta-ibm-microsoft-google-alphabet-1851435315
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Trump Media stock slides again to bring it nearly 60% below peak : The stock price for Donald Trump’s social media company is sliding again ...
apnews.com/article/donald-trump-media-truth-social-902dc0a6827b2358564976efa7b6b8d2
Quick Glance: A Swift Tech-Stock Bubble and Burst in Three Weeks
- The value proposition of buying shares of Truth Social's parent company revolves around Donald Trump's ability to make you wealthy, a unique focus.
- Trump's history of promising financial gains extends to the realm of Truth Social stock, which currently presents a stark contrast.
- The current trajectory of Trump's stock value compared to its initial rise creates a tech-stock bubble phenomenon.
- Examining what Truth Social offers without the Trump factor reveals its foundation as a social network built on Mastodon, lacking technical uniqueness.
With the introduction of AI Facebook may finally reach its target to ‘improve the world’
dailymaverick.co.za/article/2024-04-24-with-the-introduction-of-ai-facebook-may-finally-reach-its-target-to-improve-the-world/
WhatsApp is enabling passkey support on iOS: WhatsApp users on iOS will soon have a more secure way to log in. Meta is rolling out passkey support for that ...
engadget.com/whatsapp-is-enabling-passkey-support-on-ios-182527962.html
Trump Media Ropes In Congress to Pursue Claims of Illegal Shorts: Donald Trump’s social media startup publicized a letter to the heads of various US House of ...
bloomberg.com/news/articles/2024-04-24/trump-media-ropes-in-congress-to-pursue-claims-of-illegal-shorts
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Five Things You Need to Know to Start Your Day: Americas: Good morning. Tech stocks struggle after Meta disappointment, earnings season continues apace and ...
bloomberg.com/news/newsletters/2024-04-25/five-things-you-need-to-know-to-start-your-day-americas
DHDL: Bye Bye Toe introduces briefs against cameltoe: When pants pull into the crotch, a so-called “camel toe” is created. Marie Mueller, on the other hand ...
businessinsider.de/gruenderszene/business/kein-cameltoe-mehr-dhdl-gruenderin-praesentiert-den-loewen-neuartigen-slip/
OpenAI and Meta ready new AI models capable of ‘reasoning’ : Upgrades are part of a wave of new large language models being released this year
ft.com/content/78834fd4-c4d1-4bab-bc40-a64ad9d65e0d
Quick Glance: OpenAI and Meta Prepare New AI Models Capable of 'Reasoning'
- OpenAI and Meta are on the verge of releasing new artificial intelligence models that are said to be capable of reasoning and planning.
- These upgrades are part of a wave of new large language models being released this year.
- Reasoning and planning are key steps towards achieving 'artificial general intelligence', allowing chatbots and virtual assistants to complete sequences of related tasks.
Fast-fashion giant Shein is the latest to face EU's strictest digital regulations
qz.com/shein-to-face-stricter-eu-regulations-meta-tik-tok-amaz-1851439129
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🔴WATCH LIVE: Meta Platforms Q1 2024 Earnings Call | $META: Benzinga Live on X (Twitter)
twitter.com/i/broadcasts/1yoKMwVjDrdJQ
How a Chicken Sandwich Shows a Hidden Power in the U.S. Economy: A surprising surge in productivity at restaurants and other businesses has helped the nation ...
barrons.com/articles/economy-productivity-recession-22fc540b
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Stock Markets Today: Tesla, Elon Musk, Meta, Treasuries, TikTok ban, Fed: Good morning. Tesla’s shares soar on its plans to roll out cheaper cars as soon as this ...
bloomberg.com/news/newsletters/2024-04-24/stock-markets-today-tesla-elon-musk-meta-treasuries-tiktok-ban-fed
Meta Platforms: Expect Shares To Pop On Strong Earnings, Again: Meta Platforms is poised for impressive advertising revenue growth, expected to capture 50% of ...
seekingalpha.com/article/4684979-meta-platforms-expect-shares-to-pop-on-strong-earnings
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Alphabet, Microsoft, Intel, Snap, Meta, Exxon, Chevron, and More Stock Market Movers
on.barrons.com/4bcBkfH
Microsoft, Snap, Meta, Amazon, AMD, and Other Tech Stocks in Focus Today: Microsoft and Alphabet stock jumped after earnings, while Nvidia, Snap, Amazon ...
barrons.com/articles/microsoft-snap-meta-amazon-amd-tech-stocks-today-cbcce48f
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Meta’s A.I. Assistant Is Fun to Use, but It Can’t Be Trusted: Despite Mark Zuckerberg’s hope for the chatbot to be the smartest, it struggles with facts ...
nytimes.com/2024/04/24/technology/personaltech/meta-ai-facebook-instagram-chatbot.html
Quick Glance: Meta Invests Heavily in Artificial Intelligence
- Meta focuses on AI to enhance app appeal
- The smart glasses with AI capabilities aim to attract users
- Meta envisions AI assistants for complex tasks in communication
- Meta aims to become a global leader in AI, despite significant investments
Stock market today: GDP growth weaker than expected to start the year: The US economy grew at an annualized rate of 1.6% in the first three months of the year ...
markets.businessinsider.com/news/stocks/stock-market-today-q1-gdp-sp500-earnings-meta-microsoft-alphabet-2024-4
Trump Set for Another $1.3 Billion in Shares He Can’t Sell Yet: The blank-check deal that brought Donald Trump’s media startup public is set to give him another ...
bloomberg.com/news/articles/2024-04-23/trump-set-for-another-1-3-billion-in-shares-he-can-t-sell-yet
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WhatsApp: Meta AI brings AI search and replies and more: Haven't heard anything about the integration of AI in anything for a long time? Then that's good. Meta ...
stadt-bremerhaven.de/whatsapp-meta-ai-bringt-ki-suche-und-antworten-und-mehr/
Meta’s Mark Zuckerberg avoided a cage match with Elon Musk but got a jab in anyway by passing him on the billionaires list
fortune.com/2024/04/22/mark-zuckerberg-avoided-cage-match-with-elon-musk-but-got-jab-in-anyway-by-passing-him-billionaires-list-tesla-meta/
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Meta shares sink after it reveals spending plans: The firm said expenses would be higher this year as it spends heavily on artificial intelligence.
bbc.com/news/articles/cl40v5x483yo
Russian court sentences Meta spokesperson in absentia to six years in prison: A Russian court has sentenced a Meta spokesperson in absentia to six years in ...
engt.co/3U83nWF
Disappointing Meta forecast pulls down tech peers in extended trade: Disappointing forecasts from Facebook parent Meta Platforms has proven contagious ...
reuters.com/technology/disappointing-meta-forecast-pulls-down-tech-peers-extended-trade-2024-04-24/
DJT Stock Slips. Why Trump Media Doesn’t Trade Like Other Social-Media Companies.
barrons.com/articles/djt-stock-price-trump-media-truth-social-fbe03407
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This Week in AI: When ‘open source’ isn’t so open: Keeping up with an industry as fast-moving as AI is a tall order. So until an AI can do it for you ...
techcrunch.com/2024/04/20/this-week-in-ai-when-open-source-isnt-so-open/
Bitcoin Rises. Why Tesla and Meta Earnings Could Help—or Hurt—Cryptos.: Bitcoin correlation to the stock market and wider risk sentiment puts Big Tech earnings ...
on.barrons.com/49Wz4Ih
Meta AI tested: Doesn’t quite justify its own existence, but free is free: Meta’s new large language model, Llama 3, powers the imaginatively named “Meta AI ...
techcrunch.com/2024/04/26/meta-ai-tested-doesnt-quite-justify-its-own-existence-but-free-is-free/
Morning Bid: Tesla catches break, Meta next; TikTok countdown: A look at the day ahead in U.S. and global markets from Mike Dolan
reuters.com/markets/us/global-markets-view-usa-2024-04-24/
Meta Horizon OS: Other manufacturers get access: Meta wants to find new partners and deliver its system to more people. For this reason ...
stadt-bremerhaven.de/meta-horizon-os-andere-hersteller-bekommen-zugriff/
Why Meta is looking to the fediverse as the future for social media: Meta’s move into the open social web, also known as the fediverse, is puzzling ...
techcrunch.com/2024/04/25/why-meta-is-looking-to-the-fediverse-as-the-future-for-social-media/
The Morning After: Meta teases a limited-edition Quest headset inspired by Xbox: The biggest news stories this morning: Grindr sued for allegedly sharing users’ ...
engt.co/3w3bfko
The Meta-morphosis of Mark Zuckerberg: The robotic nerd depicted in “The Social Network” has turned into the kinder, more accessible face of Silicon Valley ...
nytimes.com/2024/04/24/style/mark-zuckerberg-new-look.html
Trump Media Stock Has Fallen So Much It’s Blaming Short Sellers: Trump Media CEO Devin Nunes wrote a letter to Nasdaq’s CEO about short selling of DJT.
barrons.com/articles/djt-stock-price-short-sellers-a8bb8364
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It Is Time For Technology To Give Up Its Leadership Position: Stocks like Meta that trade at a premium to the market face a violent reaction if growth slows ...
seekingalpha.com/article/4686076-it-is-time-for-technology-to-give-up-its-leadership-position
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Stock Markets Today: Anglo American, yen, Meta, bank earnings: Get up to speed with what the markets are monitoring
bloomberg.com/news/newsletters/2024-04-25/stock-markets-today-anglo-american-yen-meta-bank-earnings
Meta shares fall as it predicts higher expenditure on AI : Facebook and Instagram parent steps up investment as Big Tech jockeys for position in the sector
ft.com/content/6f00608a-8392-4062-b1f2-fb63910ac2dd
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Meta shares plunge as prolonged AI spending plans unnerve investors: Meta Platforms' shares plunged 14% in premarket trading on Thursday as the social media ...
reuters.com/technology/meta-shares-plunge-16-frankfurt-after-ai-spending-revenue-forecast-2024-04-25/
Mark Zuckerberg has passed Elon Musk as the world's third-richest person as Tesla stock hits new lows
qz.com/tesla-musk-meta-facebook-zuckerberg-wealth-stock-1851419657
Dow drops more than 600 points on inflation and growth concerns, heads for biggest drop of the year: Live updates
cnbc.com/2024/04/25/dow-drops-more-than-600-points-on-inflation-and-growth-concerns-live-updates.html
Quick Glance: Unlikelihood of Fed Rate Cut Before Elections Disrupts Markets
- Investors cast doubt on a Fed rate cut before September.
- Expectations are now fully priced in for a rate cut on November 6-7.
- The shift in market expectations stemmed from inflation and growth data.
- There is now an estimated 75 percent likelihood of a Fed rate cut by September.
TikTok Is Close to Being Banned. 4 Key Questions, Answered.: Congress is on the verge of passing a bill that could ban TikTok unless Chinese owner ByteDance Ltd ...
barrons.com/articles/tiktok-ban-congress-vote-news-1fe6cd76
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Meta is putting AI front and center in its apps, and some users are annoyed: Meta’s artificial intelligence-powered assistant is suddenly everywhere in its ...
nbcnews.com/tech/tech-news/meta-putting-ai-front-center-apps-users-are-annoyed-rcna148857
Microsoft (MSFT), Alphabet (GOOGL) Face a ‘Show Me’ Moment After Meta Misfire: The stakes are high as two of the biggest artificial intelligence players prepare ...
bloomberg.com/news/articles/2024-04-25/microsoft-alphabet-face-a-show-me-moment-after-meta-misfire
Meta's new AI assistant wanted to answer users' questions and now it's getting on their nerves
qz.com/meta-ai-tool-users-instagram-chatgpt-1851430125
DJT Stock Rises. Truth Social Parent Is Set to Award Trump Stock Worth More Than $1 Billion.
on.barrons.com/3w5Eov6
Truth Social owner Trump Media asks Congress to investigate ‘troubling’ market manipulation claims
cnn.com/2024/04/24/business/trump-media-truth-social-stock-manipulation/
Quick Glance: Trump Media Seeks Congressional Probe on 'Troubling' Market Manipulation Claims
- Trump Media & Technology Group is asking Congress to investigate suspicions of illegal activity affecting its stock price.
- In a disclosed letter, Devin Nunes, the CEO of Truth Social owner Trump Media, urged GOP Chairmen of relevant House Committees to examine the 'urgent matter' of 'potential manipulation' of the company's stock price.
- Trump Media recently reported a $58 million loss in 2023 with minimal revenue. The company's price-to-sales ratio, a common stock valuation method, is notably high compared to competitors in the social media sector.
- In the communication to Congress, Trump Media highlighted that data suggests 'just four market participants' accounted for over 60% of the exceptional trading volume in the company's stock: Citadel Securities, Virtu Americas, G1 Execution Services, and Jane Street Capital.
Mark Zuckerberg spilled the beans on his new chain necklace look: Mark Zuckerberg's been in the spotlight recently thanks to his chain necklace ...
businessinsider.com/mark-zuckerberg-dug-into-new-chain-necklace-look-2024-4
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Nvidia Stock Gains. What Meta’s Earnings Mean for the AI Chip Maker.: One of Nvidia's biggest customers, Meta Platforms, raises its projected investment in ...
barrons.com/articles/nvidia-stock-price-buy-sell-meta-earnings-5299b966
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Nvidia Won AI’s First Round. Now the Competition Is Heating Up.: Amazon.com, Google, Meta Platforms, AMD, and Intel have big ambitions in AI chips.
barrons.com/articles/ai-nvidia-chips-40bc6704
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Microsoft, Meta, Alphabet Can Still Rally Markets After Tech Earnings Gloom, Here’s Why. And 5 Other Things to Know Before the Market Opens.
barrons.com/articles/israel-iran-stock-market-what-to-know-today-6477711c
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TechScape: No WhatsApp in China, no TikTok in the US, and the return of Llama: In this week’s newsletter: While Apple removed the platform from App Stores ...
theguardian.com/technology/2024/apr/23/techscape-apple-app-store-china-tiktok-meta-llama
Trump Media (DJT) Advises Stock Investors on Avoiding Shorts After Selloff: Donald Trump’s social media company, whose meteoric stock gains made the former ...
bloomberg.com/news/articles/2024-04-18/trump-media-djt-advises-investors-on-stymying-shorts-after-stock-selloff
Trump Media Suggests Illegal Short Sales Are Cratering Its Stock: Trump Media & Technology Group Corp. says an illegal form of short selling might be behind the ...
trib.al/2gQAJLo
The Stock Market Is Flirting With Trouble. Watch These Key Price Levels.: The sell-off puts the S&P 500 just above a key support level and could spell trouble ...
barrons.com/articles/s-p-500-technical-support-correction-90845a21
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Meta releases early versions of its Llama 3 AI model: Meta Platforms on Thursday released early versions of its latest large language model, Llama 3 ...
reuters.com/technology/meta-releases-early-versions-its-llama-3-ai-model-2024-04-18/
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