Facebook finds itself at the center of another controversy. Australia’s consumer watchdog agency (ACCC) has decided to sue Meta (MVRS) – Get Meta Report, formerly Facebook, for having allegedly “aided and abetted celebrity scam ads on Facebook that have cost some Australians hundreds of thousands of dollars.” Meta “engaged in […]
stocks
The Dow Jones Industrial Index stood at 32,944 heading into a new trading week. That’s down 1.99% in the past week and 9.34% on a year-to-date basis. Meanwhile, the S&P 500 is off 10.9% year to date; the Nasdaq Composite is down 17.6%; and the Russell 2000 index is of […]
Wall Street’s main benchmarks attempted a comeback into Tuesday’s close but turned lower as investors weighed an announcement by President Joe Biden that the U.S. will ban Russian imports of oil and energy, stoking worries the move could raise gas prices further and worsen inflation. [Click here to read what’s […]
What happened Semiconductor stocks tumbled in afternoon trading Thursday. As of 3:10 p.m. ET, Nvidia ( NVDA -2.09% ) shares have lost 2.6% of their value, Micron Technology ( MU -4.42% ) is down 4.5%, and Advanced Micro Devices ( AMD -5.33% ) is leading the whole pack lower — […]
The stock market has not been kind to investors so far in 2022. Year to date, the S&P 500 ended Monday’s trading session down by more than 8%. And in recent days, it has been off by more than 10% from its peak — by definition, a market correction. […]
FuboTV (NYSE:FUBO) stock dropped slightly following the announcement of mixed results. Having reported revenue ahead of their previous estimates, they are now expecting that the next quarter will be slower. Source: Tada Images / Shutterstock.com It could not have come at a worse time for FUBO stock. The stocks of […]
If you’re an investor, the past month has probably felt like a data and news tsunami. Everything from geopolitical unrest to domestic inflation data has, in some capacity, influenced the stock market. But what if I told you that one of the most important data releases occurred less than two […]
The new year has had no shortage of big news events. Federal Reserve meetings, inflation data, coronavirus vaccine trial results, and Russia-Ukraine conflict updates, are just some of the events moving the stock market. But what you might have missed last week was one of the most important data releases […]
Predicting the next big thing has been notoriously hard. Nobody doubts that the Metaverse has its uses, but Mark Zuckerberg believes in it so much he has bet Facebook’s future on it to the point of renaming his company Meta (MVRS) – Get Meta Report. That would be like if Amazon […]
Berkshire Hathaway (NYSE:BRK.A)(NYSE:BRK.B) CEO Warren Buffett has a knack for making money. The Oracle of Omaha, as he’s come to be known, has a net worth above $114 billion, not counting the $41 billion he’s donated to charity since 2006. More importantly, he’s created over $700 billion in shareholder value […]