Meta plunges and sets off Wall Street's worst drop in nearly a year.
Shares of Meta, the parent company of Facebook, fell more than 26 percent, a loss that wiped more than $230 billion off its market value.
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Shares of Meta, the parent company of Facebook, fell more than 26 percent, a loss that wiped more than $230 billion off its market value.
Investors took the strong jobs showing as a reason for the Federal Reserve to move quickly as it starts to raise interest rates this year.
Meta’s stock prices plunged after the company reported that Apple’s privacy features would cost it billions this year. It’s not the only tech giant to take a hit.
The company showed that people would flock to an audio-only social media app. Can it fend off the imitators?
The company showed that people would flock to an audio-only social media app. Can it fend off the imitators?