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Why Shares of Meta Are Sinking After Earnings Report
Angelo Zino, CFRA Research senior equity analyst, reacts to Meta Platforms' first-quarter earnings report on Bloomberg Television. The Facebook parent reported revenue of $36.5 billion in the first quarter, an increase of more than 27% over the same period
Apple's China 'Storm Will Pass,' Meta on a Roll: Munster
Deepwater Asset Management co-founder and managing partner Gene Munster explains why he's still bullish on Apple despite its recent struggles in China. He also thinks there's still room to grow for Meta Platforms even after earnings spurred record-breaking
Meta Forecast Beats Estimates on Digital Ad Strength
Meta Platforms revenue is expected to be as much as $37 billion in the three months ending in March, Meta said in a statement Thursday. Analysts were looking for $33.6 billion, according to estimates compiled by Bloomberg. Meta also announced it will pay i
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Instagram to Launch ‘Threads’ to Compete With Twitter
Instagram’s highly anticipated Threads is expected function similarly to Twitter, with text-based posts that can be liked, commented on and shared, according to examples of screenshots on the App Store listing. Alex Webb reports on Bloomberg Television. --