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Facebook parent Meta Platforms Inc on Wednesday reported quarterly daily active users above Wall Street estimates, even as it recorded its slowest revenue growth in a decade.

(RTTNews) - Meta Platforms, Inc. (FB) announced a profit for first quarter that decreased from the same period last year but beat the Street estimates.

What happened Shares of Meta Platforms (NASDAQ: FB), the Facebook parent, were falling today on a number of concerns, including fears about the company's earnings report after hours today, a post-earnings sell-off in rival Alphabet, and an errant report from Bloomberg that showed

Facebook parent Meta Platforms Inc on Wednesday recorded its slowest revenue growth in a decade, singed by advertisers trimming marketing budgets in the face of global economic growth uncertainties and the war in Ukraine.

Qualcomm Inc forecast third-quarter revenue above analyst expectations after beating second quarter revenue estimates on Wednesday, largely due its move to focus on the growing non-handset business to cushion a likely hit from slowing smartphone demand.

The S&P 500 ended higher on Wednesday following a steep drop the day before, with strong revenue forecasts from Microsoft and Visa helping to alleviate worries about slowing global economic growth and rising interest rates.

In this episode of the Motley Fool Money podcast, Motley Fool analyst Jim Gillies discusses:

Looking at the sectors faring worst as of midday Wednesday, shares of Services companies are underperforming other sectors, up 0.3%. Within that group, Warner Bros Discovery Inc (Symbol: WBD) and Meta Platforms Inc (Symbol: FB) are two large stocks that are lagging, showing a

In trading on Wednesday, the Invesco China Technology ETF is outperforming other ETFs, up about 6.2% on the day. Components of that ETF showing particular strength include shares of Autohome, up about 7.2% and shares of Joyy , up about 4.8% on the day.

Wall Street bounced back on Wednesday following a steep drop the day before, with strong revenue forecasts from Microsoft and Visa boosting investors who have been about fretting about slowing global growth and rising interest rates.

Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Meta Platforms Inc (Symbol: FB), where a total of 387,205 contracts have traded so far, representing approximately 38.7 million underlying shares. That amounts to about

The following companies are expected to report earnings after hours on 04/27/2022. Visit our Earnings Calendar for a full list of expected earnings releases.Meta Platforms, Inc. (FB)is reporting for the quarter ending March 31, 2022. The internet software company's consensus ear

U.S. stocks rose in choppy trading on Wednesday, as strong earnings from Microsoft and Visa lifted investor spirits dented by concerns around slowing global growth and a more aggressive monetary policy.

Worries about consumer spending decreasing continue to affect the tech market. Today's video focuses on recent news affecting semiconductor companies like Taiwan Semiconductor Manufacturing (NYSE: TSM), ASML Holdings (NASDAQ: ASML), and Nvidia (NASDAQ: NVDA). I also discuss recen

Investors in Meta Platforms Inc (Symbol: FB) saw new options become available this week, for the September 2023 expiration. One of the key data points that goes into the price an option buyer is willing to pay, is the time value, so with 506 days until expiration the newly ava

U.S. stocks edged higher on Wednesday, as strong earnings from Microsoft and Visa lifted investor spirits dented by concerns around slowing global growth and a more aggressive monetary policy.

Facebook-owner Meta Platforms Inc is expected to report its slowest quarterly ad revenue growth in a decade on Thursday, as businesses pull back on ad spending against the backdrop of soaring inflation worldwide and the war in Ukraine.

U.S. stocks ended sharply lower on Tuesday as investors digested mixed quarterly reports from a batch of companies, while fears of a global economic slowdown led to an aggressive selloff during the close. The Nasdaq recorded its lowest close since 2020. All the three majo

U.S. stocks were set to open higher on Wednesday on strong earnings updates from Microsoft and Visa, following a brutal selloff in the previous session that sent the tech-heavy Nasdaq to its lowest close since December 2020.

A mixed bag of earnings from some of Wall Street’s biggest companies may muddy the outlook for investors hoping to "buy the dip" amid a vicious stock market selloff.