Tag: Meta Stock

Meta, the parent company of Facebook and Instagram, announced plans to launch “aggressive” spending on research of Artificial Intelligence and development of AI products. The news didn’t sit well with the investors and caused the company’s stock to slide more than 14% in after-market...

Meta Platforms, the parent company of Facebook and Instagram, took investors and analysts by surprise with its first-quarter earnings results. Wednesday’s report revealed that Meta not only topped expectations by a healthy margin but also recorded sales growth after three consecutive negative quarters. As a...

The week didn't start well for Meta Platforms, the parent company of Facebook and Instagram. After Needham's analyst Laura Martin downgraded Meta stock to "sell" in a recent note to clients, the company's shares plunged 4.68%. Meta stock saw a gradual growth last week and...