Page 22 - Meta Platforms News Today

Shareholders hope the next three years are better than the last three.

STORY: Wall Street ended mixed on Monday, following soft manufacturing sector data and after a glitch on the New York Stock Exchange briefly caused trading halts in several stocks. ... -June 03, 2024 at 07:05 pm EDT - MarketScreener

After a positive start and a subsequent retreat that resulted in a fairly long spell in negative territory on Monday, U.S. stocks recovered in afternoon trades and ended the day's session on a mixed note.

Carmignac Gestion lessened its holdings in shares of Meta Platforms, Inc. (NASDAQ:META – Free Report) by 2.2% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 983,329 shares of the social networking company’s stock after selling 22,201 shares during the period. Meta Platforms accounts for approximately […]

Accuvest Global Advisors lowered its stake in Meta Platforms, Inc. (NASDAQ:META – Free Report) by 27.0% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 6,652 shares of the social networking company’s stock after selling 2,459 shares during the period. Meta Platforms makes up 2.5% […]

"As earnings accelerate outside of Tech, investors will likely become more price sensitive and seek out cheaper earnings growth," BofA said.

Belpointe Asset Management LLC raised its position in Meta Platforms, Inc. (NASDAQ:META – Free Report) by 52.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 32,513 shares of the social networking company’s stock after purchasing an additional 11,135 shares during the quarter. Meta […]

Chip stocks, including NVDA, AMD, QCOM, ARM, and Big Tech stocks like MSFT, META, GOOGL, AAPL, and AMZN, are trading lower due to TSMC's plans to raise AI chip production prices.

Premier Fund Managers Ltd grew its position in Meta Platforms, Inc. (NASDAQ:META – Free Report) by 85.9% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 32,900 shares of the social networking company’s stock after buying an additional 15,200 shares during the period. Premier Fund […]

U.S. stocks experienced gains in choppy trading on Tuesday following softer-than-expected labor market data, increasing expectations of a Federal Reserve rate cut. Job openings fell to a three-year low, indicating a loosening labor market. Despite some sector losses, major indexes and megacap technology stocks posted gains.