Dusseldorf - Delayed Quote EUR

Meta Platforms Inc (FB2A.DU)

390.80

-68.65

(-14.94%)

As of 9:31 AM GMT+2. Market Open.

Meta is out-executing its peers on generative AI: Analyst

Meta Platforms (META) posted first-quarter earnings results above analyst estimates, posting adjusted earnings of $4.71 per share and $36.46 billion in revenue. Meta shares plummeted by over 10% after releasing earnings after Wednesday's market close, many experts attributing this reaction to the social media giant's second-quarter outlook. Roth MKM Managing Director and Senior Research Analyst Rohit Kulkarni comes on Market Domination Overtime to talk about what could become Meta's next big revenue driver, noting the tech company's strides in generative AI compared to other competitors in the Magnificent Seven. "The reason I say that is they have re-created the entire ad stack that has about 10 to 15 million customers which are advertisers, so the scale of improvement that those advertisers will get with gen AI improvements is going to be amplified and that's going help with the fundamentals," Kulkarni explains. Kulkarni goes on to discuss Meta's social media opportunities if TikTok parent company ByteDance does not comply with the United States' legislative ultimatum signed by President Biden earlier today. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Luke Carberry Mogan.

Yahoo Finance Video 10 hours ago

META
Biden signs TikTok ban bill: Why this matters for businesses

President Biden has officially signed the bill giving TikTok's parent company, ByteDance, nine months to divest from the company or else the app will be banned from the US. While the fallout has yet to be seen, there is a potential for this legislation to affect businesses as many companies and entrepreneurs have used the popular social video app to market their products and services. Front Row CEO Yuriy Boykiv joins Wealth! to break down the impacts a TikTok ban will have on businesses, both large and small, and their ability to market themselves and grow through user exposure. "There are a lot of alternatives. At the moment, TikTok is a dominant player for attention, predominantly for Generation Z and Alpha. If you think about the monthly user base, it's about on average a million users per month. 100,000 of those are influencers so 1 out of 10 users are influencers and those influencers are driving a lot of demand for the products that are eventually sold somewhere..." Boykiv explains. "The idea that TikTok will be banned fully has not really registered yet, in my opinion, in marketers' mind. But even if it happens, because Instagram and Facebook, which is Meta (META) essentially, adapted to the vertical format of video, the idea is a lot of those same users and influencers will move to Facebook and Instagram." For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Nicholas Jacobino

Yahoo Finance Video 15 hours ago

META
Meta's Q1 earnings: What investors should watch for

Meta Platforms (META) is gearing up to report its first quarter earnings results after the market close on Wednesday. Ahead of this highly anticipated earnings release, Yahoo Finance's Madison Mills discusses the tech giant's past earnings performance and what investors should expect from Meta's Q1 earnings report— particularly concerning the potential impact of artificial intelligence and advertising revenue. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Angel Smith

Yahoo Finance Video 17 hours ago

META
Meta Platforms Inc (META) Q1 2024 Earnings Call Transcript Highlights: Strong Revenue Growth ...

Discover how META's robust financial performance and forward-looking AI initiatives are shaping its future.

GuruFocus.com 27 minutes ago

META
Tech Stocks Drag Down US Futures, Eyes on Weak Yen: Markets Wrap

(Bloomberg) -- Technology stocks led declines in US equity futures Thursday after Meta Platforms Inc.’s disappointing outlook underscored the risk of volatility in a high-stakes earnings week.Most Read from BloombergBiden’s Gains Against Trump Vanish on Deep Economic Pessimism, Poll ShowsZuckerberg Asks for Patience After Meta’s AI Push Irks InvestorsTaylor Swift Is Proof That How We Critique Music Is BrokenMalaysia in Talks With Tycoons on Casino to Revive $100 Billion Forest CityBHP Makes Take

Bloomberg 35 minutes ago

^GSPC

META
GLOBAL MARKETS-Stocks hit by tech slide; yen flails at intervention zone

Asian stocks fell on Thursday as disappointing earnings forecasts from Facebook parent Meta Platforms hammered tech shares, while the yen's slump past 155 per dollar for the first time since 1990 raised the spectre of intervention from Tokyo. A 15% dive in shares of Meta in extended trading after the Instagram parent forecast lighter-than-expected current quarter revenue and higher expenses soured the mood, sparking a sell-off in U.S. tech and tech-related stocks. The hit to Asian tech stocks took MSCI's broadest index of Asia-Pacific shares outside Japan down 0.5%.

Reuters 2 hours ago

META
MORNING BID EUROPE-Gearing up for the tech roller-coaster ride

Tech stocks are yet again set to sway the wider markets after a lacklustre forecast from Facebook parent Meta Platforms sparked a broad sell-off across regions. Asian tech stocks followed suit and were down 2%, with tech heavy Taiwan and South Korean stocks both down 1%. Deutsche Bank, BNP Paribas SA and Barclays Plc are due to report their earnings and the focus will be on their net interest margin especially with interest rates in Europe and UK priced to fall in the second half of the year.

Reuters 3 hours ago

META
Dow Jones Futures Fall As Meta Dives On Guidance; Chipotle Eyes Buy Point

The rally attempt paused Wednesday as Nvidia reversed lower. Meta, Chipotle and ServiceNow led key earnings late.

Investor's Business Daily 4 hours ago

META

^DJI

^GSPC
Stocks hit by tech slide; yen flails at intervention zone

SINGAPORE (Reuters) -Asian stocks fell on Thursday as disappointing earnings forecasts from Facebook parent Meta Platforms hammered tech shares, while the yen's slump past 155 per dollar for the first time since 1990 raised the spectre of intervention from Tokyo. The hit to Asian tech stocks took MSCI's broadest index of Asia-Pacific shares outside Japan down 0.5%. Japan's Nikkei slid 2%.

Reuters 5 hours ago

^HSI

META
GLOBAL MARKETS-Stocks hit by tech slump; yen flails at intervention zone

Asian stocks fell on Thursday as disappointing earnings forecasts from Facebook parent Meta Platforms hammered tech shares, while the yen's slump past 155 per dollar for the first time since 1990 raised the spectre of intervention from Tokyo. The predictable hit to Asian tech stocks took MSCI's broadest index of Asia-Pacific shares outside Japan down 0.7%. Japan's Nikkei slid 1.3%, while China stocks also fell, with the blue-chip CSI300 index down 0.3% and Hong Kong's Hang Seng Index 0.5% lower.

Reuters 5 hours ago

^HSI

META
Mark Zuckerberg warns of stock volatility as Meta bets billions more on AI investment ‘before we make much revenue’

Zuckerberg's plans for bIg spending on AI sent Meta's shares tumbling 15%.

Fortune 7 hours ago

META
Zuckerberg Asks for Patience After Meta’s AI Push Irks Investors

(Bloomberg) -- Mark Zuckerberg is asking for investors to stay patient. Again.Most Read from BloombergBiden’s Gains Against Trump Vanish on Deep Economic Pessimism, Poll ShowsMalaysia in Talks With Tycoons on Casino to Revive $100 Billion Forest CityZuckerberg Asks for Patience After Meta’s AI Push Irks InvestorsTaylor Swift Is Proof That How We Critique Music Is BrokenBHP Makes Takeover Approach For Rival Miner Anglo AmericanAfter Meta Platforms Inc. revealed that it will spend billions of doll

Bloomberg 7 hours ago

META
Meta Platforms (META) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

While the top- and bottom-line numbers for Meta Platforms (META) give a sense of how the business performed in the quarter ended March 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Zacks 8 hours ago

META
Meta Platforms (META) Tops Q1 Earnings and Revenue Estimates

Meta Platforms (META) delivered earnings and revenue surprises of 9.03% and 0.48%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?

Zacks 9 hours ago

META
Meta Stock Sinks After Facebook Parent Forecasts Rising Costs Tied to AI Efforts

**Meta Platforms** released its quarterly results, and its stock is tumbling in after-hours trading. + Meta also said it expects its full-year capital expenditures to be $35 billion to $40 billion, up from its previous outlook of $30 billion to $37 billion. + The company said it expects capital expenditures "will continue to increase next year as we invest aggressively to support our ambitious AI research and product development efforts."

The Wall Street Journal 9 hours ago

META
Meta Stock Slides Despite Q1 Earnings Beat. AI Costs Rising As Guidance Disappoints.

Meta stock sank late Wednesday as the Facebook parent company's first-quarter results apparently failed to live up to sky-high expectations. While the company beat consensus expectations for both sales and earnings, Meta Platforms executives gave a lighter-than-expected sales forecast for the current quarter. Meanwhile, Meta's push to be a leader in generative artificial intelligence is adding to its costs.

Investor's Business Daily 9 hours ago

META
Meta’s Costs Rise Rapidly as Zuckerberg Vows to Keep Spending on AI Arms Race

Meta Platforms reported record first-quarter sales, building on AI momentum in its ad business, although investors soured on forecasts of rising costs.

The Wall Street Journal 9 hours ago

META
Meta Stock Plummets After Earnings. The Facebook Parent Is Aggressively Spending More on AI.

The parent of Facebook and Instagram ratcheted up its spending plans as it continues to invest in AI software and services.

Barrons.com 10 hours ago

META
Meta’s Miss Sparks Fear in Tech World With Big Earnings Looming

(Bloomberg) -- A disappointing earnings report from Meta Platforms Inc. has technology investors on edge with results from some of the stock market’s biggest and most important companies due in the coming days.Most Read from BloombergBiden’s Gains Against Trump Vanish on Deep Economic Pessimism, Poll ShowsTaylor Swift Is Proof That How We Critique Music Is BrokenTech Giants Hit in Late Hours After Meta’s Outlook: Markets WrapBiden’s New Chopper Is Demoted After Scorching White House LawnTesla So

Bloomberg 10 hours ago

META
Meta Platforms Inc (META) Surpasses Q1 2024 Earnings Expectations with Robust Revenue Growth

Significant Increases in Revenue and Net Income Highlight a Strong Start to 2024

GuruFocus.com 10 hours ago

META

Performance Overview

Return	FB2A.DU	S&P 500
YTD	+20.72%	+6.33%
1-Year	+103.16%	+22.59%
3-Year	+57.03%	+21.33%

News

Life

Entertainment

Finance

Sports

New on Yahoo

Yahoo Finance

Meta Platforms Inc (FB2A.DU)

Meta is out-executing its peers on generative AI: Analyst

Biden signs TikTok ban bill: Why this matters for businesses

Meta's Q1 earnings: What investors should watch for

Meta Platforms Inc (META) Q1 2024 Earnings Call Transcript Highlights: Strong Revenue Growth ...

Tech Stocks Drag Down US Futures, Eyes on Weak Yen: Markets Wrap

GLOBAL MARKETS-Stocks hit by tech slide; yen flails at intervention zone

MORNING BID EUROPE-Gearing up for the tech roller-coaster ride

Dow Jones Futures Fall As Meta Dives On Guidance; Chipotle Eyes Buy Point

Stocks hit by tech slide; yen flails at intervention zone

GLOBAL MARKETS-Stocks hit by tech slump; yen flails at intervention zone

Mark Zuckerberg warns of stock volatility as Meta bets billions more on AI investment ‘before we make much revenue’

Zuckerberg Asks for Patience After Meta’s AI Push Irks Investors

Meta Platforms (META) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

Meta Platforms (META) Tops Q1 Earnings and Revenue Estimates

Meta Stock Sinks After Facebook Parent Forecasts Rising Costs Tied to AI Efforts

Meta Stock Slides Despite Q1 Earnings Beat. AI Costs Rising As Guidance Disappoints.

Meta’s Costs Rise Rapidly as Zuckerberg Vows to Keep Spending on AI Arms Race

Meta Stock Plummets After Earnings. The Facebook Parent Is Aggressively Spending More on AI.

Meta’s Miss Sparks Fear in Tech World With Big Earnings Looming

Meta Platforms Inc (META) Surpasses Q1 2024 Earnings Expectations with Robust Revenue Growth

Performance Overview