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2026-03-032026-06-04
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25 items- NEWSWorld's Largest Wealth Fund CEO Cautions Over Tech Sector 'Froth' Ahead Of Major EarningsIn the lead-up to this week’s earnings announcements from major U.S. tech companies, the CEO of the world’s largest wealth fund has voiced concerns over the tech sector’s frothiness. This follows a 5.5% drop in the Nasdaq Composite last week. What Happened: Nicolai Tangen, CEO of Norges Bank Investment Management (NBIM), expressed his views on CNBC’s “Squawk Box Europe” on Tuesday, CNBC reported. He stated, “There is clearly a lot of froth within the technology sector. Whether it is too much or not, that is unclear — and I guess we will get the answer later in the week when we get all these results coming through.” NBIM, which oversees the Norwegian Government Pension Fund Global, i
- NEWSMark Zuckerberg's Caesar Haircut Is Gone. Is the Meta Platforms CEO Growing A Mullet?Facebook’s creator, Mark Zuckerberg, has been seen sporting a new hairstyle, which some believe could be a mullet, during a Senate Judiciary Committee hearing. What Happened: Zuckerberg, who is known for his Caesar-like haircut, was observed with a fluffy blond growth at the back of his neck during a hearing on child exploitation on social media. This has led to speculation that the CEO of Meta Platforms might be growing a mullet, reported Business Insider. Images from the hearing displayed the hair from different angles, but it was uncertain whether it was a mullet, a bad hair day, or something else. To resolve the debate, Business Insider consulted the experts at USA Mullet Champ, an
- NEWSThis New ETF Allows Investment In Apple, Microsoft And Other 'Magnificent 7' StocksIn a bid to capitalize on the ongoing tech stock surge, Tidal Financial Group and ZEGA Financial have introduced a new ETF, providing investors with a unique opportunity to invest in the mega-cap technology sector. What Happened: Business Insider reported that the newly launched YieldMax Magnificent 7 Fund of Option Income ETFs will invest in seven established YieldMax single-stock ETFs. Announced on Tuesday, these funds use covered-call options strategies to generate capital gains and income from leading technology giants, including Apple Inc. (NASDAQ:AAPL), Microsoft Corporation (NASDAQ:MSFT), Alphabet Inc. (NASDAQ:GOOGL), Meta Platforms Inc. (NASDAQ:FB), Tesla Inc. (NASDAQ:TSLA), Amazo
- NEWSMeta Blocks Adults From Messaging Teens They Don't Follow To Make It Safe For Young UsersResponding to concerns about its services being used by "predators," Meta Platforms Inc. (NASDAQ:FB) has unveiled stricter messaging settings for teenagers on its social media platforms, Instagram and Facebook. What Happened: As per a post on Meta’s official blog on Thursday, the tech giant is rolling out new measures to shield teens from unwanted contact. Adults aged 19 and above are now barred from messaging teens who don’t follow them on Instagram. Additionally, the type and quantity of direct messages (DMs) that can be sent to non-followers have been restricted to a single text-only message. Meta is also disabling the feature that allows teens to receive DMs from individuals the
- NEWSAfter 130% Surge, AMD Faces Uncertain Road Ahead: Top Analyst Says Chipmaker's Future Shrouded In DoubtAdvanced Micro Devices Inc. (NASDAQ:AMD) shares experienced a significant surge in 2023, driven by the increasing demand for graphics processing units (GPUs) used in artificial intelligence (AI) applications. However, the stock’s future trajectory has now been thrown into uncertainty as an analyst downgraded AMD’s rating to a rather unconventional status. What Happened: The Northland Capital Markets analyst Gus Richard downgraded AMD’s rating to a “heck if we know” status, citing the uncertainty surrounding the future of the company’s AI-oriented GPUs, CNBC reported on Monday. This downgrade comes after AMD’s stock rose by nearly 130% in 2023, with investors banking on the company’s AI-or
- NEWSLegendary Investor Jim Rogers Predicts Market Bubble, Positions To Short Tesla, Apple And Other 'Magnificent Seven'Market veteran Jim Rogers predicts a significant plunge in asset prices and a looming economic disaster, with plans to profit by shorting renowned stocks like Tesla Inc. (NASDAQ:TSLA) and Nvidia Corporation (NASDAQ:NVDA). What Happened: Rogers, who co-founded the Quantum Fund and Soros Fund Management with George Soros, sees bubbles in bonds, property, and stocks. He has offloaded a significant portion of his stocks and bonds in anticipation of a steep downturn, reported Business Insider. “Bonds are a bubble, property in many countries is a bubble, stocks are getting ready for a bubble,” the veteran investor and travel author said in an interview with Soar Financially. Rogers
- NEWSMark Zuckerberg's Meta Said To Be Worried About Indian Telecom Bill's Impact On WhatsAppThis story was first published on the Benzinga India portal. Mark Zuckerberg-led tech behemoth Meta Platforms Inc. (NASDAQ:FB) is reportedly anxious over the implications of India's fresh Telecommunications Bill on widely-used apps such as WhatsApp and Signal. According to a report by Moneycontrol, India's recently enacted law could grant the government extensive control over telecom companies. Meta is concerned that this could extend to its messaging apps in the future. Shivnath Thukral, the head of Meta's policy in India, shared his worries in an internal email viewed by the business publication. He reportedly pointed out that while the new law doesn't directly target over-the-top (OTT)
- NEWSNow, Facebook And Messenger Also Get End-To-End Encryption As Meta Levels Up SecurityMeta Platforms Inc. (NASDAQ:FB) has announced the implementation of end-to-end encryption for Facebook and Messenger platforms. What Happened: Meta’s new encryption feature implies that the firm will no longer be able to access user messages unless reported by a user. Loredana Crisan, Meta's vice-president for Messenger, said that the Signal protocol and Meta’s Labyrinth protocol were used in developing the encryption, reported The Guardian. See Also: Not To Be Left Behind, Meta Launches New AI Image Generator To Take On OpenAI And Microsoft Despite optional encrypted messaging since 2016, this comprehensive encryption, first announced by the company's CEO Mark Zuckerberg in 20
- NEWSMeta's Threads Set To Enter EU Market In DecemberThreads, the social media platform from Meta Platforms Inc. (NASDAQ:FB), is preparing to make its entry into the European Union this December. This move comes after Threads’ successful launch in several markets in July. What Happened: The launch of Threads in the EU was initially delayed due to concerns about the region’s strict regulations for online services. Threads, which is capable of importing data from Instagram such as advertising and behavioral information, plans to comply with these regulations by offering EU users a consumption-only option, eliminating the need for a personal profile, reported The Wall Street Journal. The decision follows recent announcements from Adam Mo
- NEWSNvidia Climbs From $300B To $1T Since MAMAA Dethroned FAANG: Jim Cramer's Cue For A New Tag?Nvidia Corp.’s (NASDAQ:NVDA) AI-driven upswing hasn’t missed any Street watcher’s eye. The stock is up over 200% in the past year, 240%+ so far in 2023 and 65%+ over the past 6 months. The company now commands the fifth-largest market cap on the U.S. exchanges: SymbolCompanyMarket CapAAPLApple Inc.$2.899TMSFTMicrosoft Corporation$2.747TGOOGAlphabet Inc.$1.668TAMZNAmazon.com, Inc.$1.484TNVDANVIDIA Corporation$1.194TMETAMeta Platforms, Inc.$844.894BBRK.ABerkshire Hathaway Inc.$764.562BTSLATesla, Inc.$682.355BLLYEli Lilly and Company$567.41BUNHUnitedHealth Group Inc.$500.579BData source: TradingView It is true Nvidia’s stock did pick up steam through 2021, but it only witnessed a s
- NEWSApple's $1B Annual Investment Indicates Heavy Focus On Generative AIIn a bid to delve deeper into the realm of generative artificial intelligence (AI), tech titan Apple Inc. (NASDAQ:AAPL) is reportedly planning to invest more than $1 billion annually. The company’s recent job listings suggest an increased focus on AI-driven features and products. What Happened: As per a TechCrunch report on Sunday, Apple’s concentration on generative AI applications is becoming more prominent, following their release of an AI-based auto-correct feature for iOS 17 earlier this year. Apple’s recent job postings indicate a clear movement towards AI, with roles such as a generative AI-based developer experience platform for the App Store and a “conversational AI platform”
- NEWSVoicing Opinions On Israel-Hamas Conflict: A Double-edged Sword For BusinessesAccording to an Associated Press report, the Israel-Hamas conflict has stirred up controversy within the global business sector. High-ranking executives and ordinary workers alike are grappling with the repercussions of voicing their opinions on the issue. The CEO of Pfizer Inc. (NYSE:PFE), Albert Bourla, shared his horror at the atrocities in Israel in a LinkedIn post and a letter to employees. Meanwhile, Paddy Cosgrave, the CEO of Web Summit, faced backlash for a tweet implying that Israel was guilty of carrying out war crimes, leading to his resignation. Starbucks Corporation (NASDAQ:SBUX) is embroiled in a legal dispute with a union representing thousands of its baristas over a pro-Pal
- NEWSInvestor Risk Sentiment Wavers Amid War, Interest Rate Concerns; Tesla Earnings Disappoint: The Week In The MarketsVolatility notably returned to the markets this week as investors navigated the escalating conflict between Israel and Hamas, remarks from Federal Reserve Chair Jerome Powell and mixed earning reports from leading U.S. corporations. Powell Says Fed Can Proceed ‘Carefully,’ Warns Of Further Hikes If Data Remains Strong: During an event organized by the Economic Club of New York, Fed Chair Jerome Powell emphasized the need for a "careful" approach by the Federal Reserve that considers economic data. He also hinted that if the economy’s strength and inflation resurgence continue to surprise, further interest rate hikes may be on the horizon. It was a week marked by significant volatility in
- NEWSMeta Eradicates 795,000 Content Pieces Related To Israel-Hamas War, Sees Sevenfold Increase In Removal RatesMeta Platforms Inc. (NASDAQ:FB) is intensively moderating content across its platforms, eliminating over 795,000 content breaches of its guidelines in Hebrew and Arabic in the three days following the Hamas' attack on Israel on Oct. 7. In the period following the violent outbreak, the company revealed that it had deleted content at a rate sevenfold compared to the preceding two months. The removal of content followed stringent warnings from the European Union regarding the propagation of disinformation on its platforms amid the Israel-Hamas conflict, according to Bloomberg. Scrupulously addressing a wave of disinformation since the attacks, Meta is reportedly intensifying scrutiny of cont
- NEWSWhy Russell 2000's Performance Is Crucial To Your Investment Strategy Amid Looming Recession ConcernsThe Russell 2000, an index constituting the smaller two-thirds of the 3000-strong U.S. stock market, might be signaling concern for the economy. The index, which is still in a bear market since late 2021, lags the large-cap Russell 1000 index by 13 percentage points this year. According to a recent report by the Wall Street Journal, the current ratio of the Russell 2000 to the Russell 1000 is at a stress level of 74%, suggesting a potential turning point for small-caps. The dominance of tech titans like Microsoft (NASDAQ:MSFT), Amazon (NASDAQ:AMZN), Apple (NASDAQ:AAPL), Nvidia (NASDAQ:NVDA), Meta Platforms (NASDAQ:FB), and Alphabet (NASDAQ:GOOGL) could be contributing to the rest of the s
- NEWSApple Denies EU's "Gatekeeper" Label in Latest Digital Markets Act DevelopmentIn a landmark decision, the European Union (EU) has labeled Apple Inc. (NASDAQ:AAPL) as one of six ‘gatekeepers’ in the digital market, sparking a swift response from the tech giant. The EU’s designation comes under its new Digital Markets Act (DMA). The European Commission named six gatekeepers, including Alphabet Inc. (NASDAQ:GOOG), Amazon.com Inc. (NASDAQ:AMZN), Apple Inc. (NASDAQ:AAPL), Meta Platforms Inc. (NASDAQ:FB), Microsoft Corporation (NASDAQ:MSFT), and China’s ByteDance Ltd., all required to ensure full compliance with DMA obligations within six months. Apple has been specifically accused of gatekeeping for its Safari browser, iOS operating system, and the App Store. The EU
- NEWSEU's Challenges Big Tech: Google Search, WhatsApp, TikTok, And 19 Others Face DMA ScrutinyMajor tech giants, predominantly American, have been identified by the European Commission as “gatekeepers” to be regulated under the new Digital Markets Act (DMA). What Happened: The European Commission declared on Tuesday that tech mammoths such as Alphabet Inc. (NASDAQ:GOOG), Amazon.com Inc. (NASDAQ:AMZN), Apple Inc. (NASDAQ:AAPL), Meta Platforms Inc. (NASDAQ:FB), Microsoft Corporation (NASDAQ:MSFT), and China’s ByteDance Ltd. are to be monitored under the DMA. They have until March 2024 to comply with the new regulations. The DMA is designed to limit the market dominance of these tech companies. It requires them to compete based on the merits of their products and services. Major m
- NEWSSignal's President Skeptical Of Elon Musk's 'Super App' Ambitions With XThe idea that Elon Musk could transform X, formerly known as Twitter, into a ‘super app’ has been met with skepticism by Signal‘s President, Meredith Whittaker, Business Insider reported. Whittaker, a former Google executive and co-founder of AI Now, doubts the feasibility of Twitter evolving into a platform similar to WeChat, China’s leading messaging app. Whittaker, who became president of Signal last year, believes the era for such all-encompassing platforms has passed. “People have been talking about it for years, and we still don’t have a super app,” she told Swiss magazine Schweizer Monat. See Also: EXCLUSIVE: Cathie Wood Credits AI For Tesla FSD Losing Its Training Wheels
- NEWSJim Cramer Thinks People Who Say AI Is Hype Are 'Only Fooling' Themselves - 3 ETFs To Take Advantage Of The AI Revolution2023 has been a strong year in US markets thus far with the S&P 500 (INDEX: .INX) up 17%. This has been led by tech giants like Apple Inc (NASDAQ:APPL), up 43.06% YTD, and Meta Platforms Inc, (NASDAQ:FB) up over 143% since the start of the year. But few stocks have done as well as NVIDIA Corp (NASDAQ:NVDA), up a whopping 202.4% YTD. NVIDIA’s success, and that of much of tech, has come from its involvement in artificial intelligence. The company produces “superchips” that underlie the technology. The excitement surrounding AI is palpable. The popularity of Chat GPT and other LLMs - large language models - has created what many consider an AI “hype cycle”. It seems any mention of AI by a pu
- NEWSDeflated Tom Group Mired In Losses 23 Years After Splashy DebutKey Takeaways: • Tom Group returned to the red in the first half of this year, after posting its first annual profit last year since 2018 • The company earns most of its revenue from a Taiwan publishing unit, and also invests in tech companies By Edith Terry After giving investors a brief glimmer of hope last year, former Hong Kong internet sensation Tom Group Ltd. (2383.HK) seems headed for another terrible year. Its interim results published last week show it lost HK$95 million ($12.1 million) in the first half of the year on revenue of HK$378.6 million. That returned the company to the red, after it briefly became profitable in 2022 for the first time in years. Even the 2022
- NEWSParag Agrawal-Led Group Of Ex-Twitter Executives Demand Elon Musk To Pay $1.6M In Legal BillsOn Wednesday, a group of former executives from Twitter Inc., led by former CEO Parag Agrawal, filed a lawsuit against the company, claiming it owes them over $1.6 million in legal fees. What Happened: The former executives allege that Twitter is refusing to cover legal fees related to lawsuits and government probes that occurred during their tenure, Bloomberg reports. The executives are seeking a court order to compel Twitter’s new owner, Elon Musk, to pay these fees. They claim that Twitter’s refusal violates its own bylaws. The executives were ousted when Musk purchased the company for $44 billion last year. Twitter has paid about $600,000 of what it owes, but has withheld over
- NEWSMusk Vs. Zuckerberg: ChatGPT Predicts The Winner Of A Billionaire UFC ShowdownIn a hypothetical UFC cage fight between two of the tech world's biggest names, Elon Musk, CEO of Tesla Inc. (NASDAQ:TSLA) and SpaceX, and Mark Zuckerberg, CEO of Meta Platforms (NASDAQ:FB), who would emerge victorious? We asked ChatGPT to predict the winner after letting the AI natural language processing tool analyze the two men's physical dimensions and potential advantages. Physical Dimensions Elon Musk stands at approximately 6'2" and is known for his broad build. He has a background in physics, which might give him an understanding of leverage and force. Musk has also been seen wielding a Samurai sword at a Tesla event, suggesting he might have some knowledge of martial arts. On the ot
- NEWSThis Plot Of Digital Land Just Sold For $2,312 In ETH In The SandBoxWhat happened: Virtual land tokenized as an NFT just sold for $2,312, which is 3.13x the current floor price of 0.399 Ether (CRYPTO: ETH). The estate consists of 166,464 plots of land –– each plot is 2,500 square feet in the metaverse. Land in Decentraland and The Sandbox skyrocketed after Facebook's rebrand to meta, as more investors become aware of what the metaverse is. Most of the time, virtual land sells at a premium due to the size of the lot and its proximity to the center of the metaverse. Ethereum's blockchain is home to open world metaverses, with the 2 largest being Decentraland (CRYPTO: MANA) and The Sandbox (CRYPTO: SAND). Brands like Adidas (OTC:ADDYY) and Atari (OTC:PONGF) hav
- NEWSMetaverse Land Just Sold For $1,302 (2,785 MANA) In DecentralandWhat happened: Virtual land tokenized as an NFT just sold for $1,302, which is 1.30x the current floor price of 0.547 Ethereum (CRYPTO: ETH) ($1,302 USD). The collection consists of over 97,000 plots of land –– at the current moment each plot Land parcels are 16m x 16m, or 52 square feet. Land in Decentraland and The Sandbox skyrocketed after Facebook's rebrand to meta, as more investors become aware of what the metaverse is. Most of the time, virtual land sells at a premium due to the size of the lot and its proximity to the center of the metaverse. Ethereum's blockchain is home to open world metaverses, with the 2 largest being Decentraland (CRYPTO: MANA) and The Sandbox (CRYPTO: SAND). Br
- NEWSThis Plot Of Digital Land Just Sold For $1,350 In MANA In DecentralandWhat happened: Virtual land tokenized as an NFT just sold for $1,350, which is 1.34x the current floor price of 0.559999 Ethereum (CRYPTO: ETH) ($1,350 USD). The collection consists of over 97,000 plots of land –– at the current moment each plot Land parcels are 16m x 16m, or 52 square feet. Land in Decentraland and The Sandbox skyrocketed after Facebook's rebrand to meta, as more investors become aware of what the metaverse is. Most of the time, virtual land sells at a premium due to the size of the lot and its proximity to the center of the metaverse. Ethereum's blockchain is home to open world metaverses, with the 2 largest being Decentraland (CRYPTO: MANA) and The Sandbox (CRYPTO: SAND).
FB FAQ
8 questionsWhat does Meta Platforms Inc. do?
Facebook, Inc. develops products that enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality headsets, and in-home devices worldwide. The company's products include Facebook that enables people to connect, share, discover, and communicate with each other on mobile devices and personal computers; Instagram, a community for sharing photos, videos, and private messages; Messenger, a messaging application for people to connect with friends, family, groups, and businesses across platforms and devices; and WhatsApp, a messaging...Where does FB stock trade?
Meta Platforms Inc. (FB) is listed on NASDAQ.What sector and industry is FB in?
Meta Platforms Inc. operates in the Technology sector, Internet and Information Services industry.When did Meta Platforms Inc. go public?
Meta Platforms Inc. (FB) completed its IPO in 2012.Does FB pay a dividend?
FB's most recent ex-dividend date was 2026-03-25 with a cash dividend of $0.16 per share. No future ex-date is on file yet.What are analysts saying about FB?
Meta Platforms Inc. has had 8 recent analyst actions on file. The most recent action was from Citigroup: Buy on 2022-04-20.What companies are similar to FB?
Notable peers in the same industry include YNDX (Yandex N.V.). Compare FB side-by-side with any of them on Quantisnow.How can I track FB on Quantisnow?
Quantisnow aggregates Meta Platforms Inc.'s SEC filings, analyst ratings, insider transactions, FDA approvals, and press releases the moment they hit the wire (Wall Street's wire, on your screen.). Follow FB to receive live email and push alerts on every new disclosure.