Meta Platforms Inc – ReportWire

Amazon CEO pledges AI investments will pay off as capital expenditures surge 81%

[ad_1] Amazon CEO, Andy Jassy speaking with CNBC’s Jim Cramer on Mad Money in Seattle, WA. on Dec. 6th, 2023. CNBC Amazon CEO Andy Jassy is...

Banking4 months ago

These 5 portfolio stocks outperformed the market’s incredible run since our September Monthly Meeting

[ad_1] It’s been a stellar month for the U.S. stock market, driven largely by easing monetary policy. Since the Club’s last Monthly Meeting, investors have celebrated...

World News4 months ago

AMD launches AI chip to rival Nvidia’s Blackwell

[ad_1] AMD launched a new artificial-intelligence chip on Thursday that is taking direct aim at Nvidia’s data center graphics processors, known as GPUs. The Instinct MI325X,...

Banking4 months ago

Tensions rise between banks and tech companies over online fraud liability in the UK

[ad_1] Meta is facing calls from U.K. banks and payment firms like Revolut to financially compensate people who fall for scams on their services. Jaap Arriens...

Banking4 months ago

Digital bank Revolut slams Meta over approach to scams, says tech giant should compensate victims

[ad_1] Revolut CEO, Nikolay Storonsky (L) and Meta CEO, Mark Zuckerberg. Reuters British financial technology firm Revolut on Thursday criticized Facebook parent company Meta over its...

Banking4 months ago

Facebook owner Meta forms data-sharing pact with UK banks to counter scams

[ad_1] Jakub Porzycki | Nurphoto | Getty Images Facebook parent company Meta on Wednesday said that it’s working with two leading banks in the U.K. on...

Business6 months ago

Morgan Stanley says buying these quality defensive stocks is the best option for investors right now

[ad_1] Morgan Stanley’s preference for defensive quality stocks has only increased since June, even as major U.S. indexes have continued to reach new highs. “After a...

Banking6 months ago

This AI-powered financial advisor has quickly gained $20 billion in assets

[ad_1] AI-generated responses are becoming more common, whether travelers know or not. Westend61 | Getty Images An automated financial advisor called PortfolioPilot has quickly gained $20...

Banking7 months ago

Lost in the market’s sharp rotation out of tech stocks is a really bullish call on major banks

[ad_1] Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of...

Banking7 months ago

Our 5 top-performing stocks since June’s monthly meeting (only one is Big Tech)

[ad_1] It’s been another great run for stocks since the Club’s last monthly meeting in June. The likelihood the Federal Reserve will lower interest rates sooner...

World News7 months ago

The Ambani wedding is costing millions — here’s how to have a big impact on a much smaller budget

[ad_1] MUMBAI, MAHARASHTRA, INDIA – 2024/07/05: Anant Ambani (son of Indian businessman Mukesh Ambani) and his fiancée Radhika Merchant seen on the red carpet during the...

Real Estate7 months ago

San Francisco’s AI boom can’t stop real estate slide, as office vacancies reach new record

[ad_1] Artificial intelligence has been a big boon for San Francisco real estate. But not enough of one to make up for the broader struggle across...

Banking7 months ago

Here are 3 major reports that could drive the stock market in the week ahead

[ad_1] Wall Street finished higher for the holiday-shortened trading week, with tech stocks leading the way. The Dow Jones Industrial Average gained under 1% for the...

Banking7 months ago

Shares of Wells Fargo and Morgan Stanley rise on plans to raise their dividends

[ad_1] Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Monday’s key moments....

World News8 months ago

Nvidia passes Microsoft in market cap to become most valuable public company

[ad_1] Nvidia CEO Jensen Huang attends an event at COMPUTEX forum in Taipei, Taiwan June 4, 2024. Ann Wang | Reuters Nvidia, long known in the...

Banking9 months ago

BlackRock-backed fintech Trustly says IPO still at least one year out even as profits jump 51%

[ad_1] Trustly CEO Johan Tjarnberg. Trustly The boss of Swedish financial technology startup Trustly says an initial public offering for the company is still a year...

Business9 months ago

Families of Uvalde school shooting victims sue Meta, Microsoft, gunmaker

[ad_1] A memorial for the 19 children and two adults killed on May 24th during a mass shooting at Robb Elementary School is seen on May...

Business10 months ago

Pinterest shares soar 18% on earnings beat, strong revenue growth

[ad_1] Sopa Images | Lightrocket | Getty Images Shares of Pinterest popped 18% in extended trading Tuesday after the company reported first-quarter results that beat analysts’...

Business10 months ago

Mark Zuckerberg’s net worth plummets by more than $18 billion in Meta stock drop

[ad_1] Meta Platforms CEO Mark Zuckerberg speaks about the Facebook News feature at the Paley Center For Media in New York on Oct. 25, 2019. Drew...

Business10 months ago

Meta loses $200 billion in value as Zuckerberg focuses earnings call on all the ways company bleeds cash

[ad_1] Mark Zuckerberg, CEO of Meta testifies before the Senate Judiciary Committee at the Dirksen Senate Office Building on January 31, 2024 in Washington, DC. Alex...