Countdown begins: What’s in store for next week’s mega-tech FAAMG earnings Markets As the fourth-quarter earnings season approaches on Wall Street, all eyes are on the FAAMG group: Alphabet (Google), Microsoft, Amazon, Meta Platforms, and Apple.
Earnings watch: Apple, Amazon, and Meta reports to set market tone Markets Earnings reports from tech titans Apple Inc, Amazon.com, and Meta Platforms Inc, slated for Thursday, are poised to steer stock movements this week.
Facebook ‘do not permit calls to assassinate a head of state’: Meta narrows hate speech following Russian backlash META Facebook owner Meta Platforms said it would be narrowing the scope of its content moderation policy for Ukraine after Russian backlash over the weekend.
Tech giants Meta and Amazon drive tech rally; Apple suffers from China woes February 2, 2024 Meta surged 15% post-market on strong revenue, dividend, and a $50 billion buyback; Amazon rose 7% on solid earnings and AWS growth; however, Apple fell 3% on a China sales miss and revenue forecast drop.
Meta to face £2.2bn class action after failing to overturn approval April 30, 2024 Meta is set to face £2.2bn over allegations it abuses its dominant market position by imposing unfair terms after the Tribunal threw out its appeal
FTSE 100 today: London markets likely to rise on heels of Wall Street’s tech rally February 2, 2024 A tech rally ignites global stocks: Meta soars 15%, while Amazon climbs 7%. Apple drops 3% amidst market turbulence, while oil prices surge. Focus now shifts to U.S. Non-Farm Payrolls.
Musk’s X to pay legal bills of people ‘unfairly treated’ for posting on platform August 6, 2023 Elon Musk has said his X social media platform will pay the legal bills and sue on the behalf of people who have been treated unfairly by employers because of posting or liking something on the site formerly known as Twitter. “If you were unfairly treated by your employer due to posting or liking something on this [...]
Facebook owner Meta shells out £149m to break London Regent’s Place lease September 26, 2023 Facebook owner Meta Platforms surrendered one of its two buildings at Regent’s Place, paying £149m at the end of September to break the lease. Property developer British Land revealed that the end of the lease will result in post interest savings of 0.6 pence for the half year. The £149m fee was first reported by [...]
CMA: Amazon and Meta agree to retail competition improvements November 3, 2023 As part of the new commitments, Amazon has agreed to give independent sellers a fair chance of their offers being featured in the site’s “Buy Box”, where most sales on the platform take place.
TSB calls on Meta to make ‘urgent’ interventions on fraud or consumers risk losing up to £250m June 14, 2023 TSB Bank has called on Meta to make urgent interventions to protect consumers from spiralling levels of fraud with customers at risk of losing hundreds of millions of pounds. According to current industry projects, consumers could lose up to £250m from Meta platforms in 2023 without action from the tech giant. Earlier this year, TSB [...]