Facebook parent Meta Platforms (META) on Wednesday reported fourth-quarter earnings and revenue that topped Wall Street estimates. Revenue guidance for the March quarter came in below views amid worries over currency exchange rates and a strong U.S. dollar. Meta’s outlook for 2025 operating expenses came in much higher than expected. ↑ X NOW PLAYING Stocks…
After US stocks (^DJI, ^IXIC, ^GSPC) closed lower following the Federal Reserve’s announcement that it will pause cutting interest rates, Julie Hyman and Josh Lipton, joined by Interactive Brokers chief strategist Steve Sosnick, take a look at the top stories on Wall Street, namely on Big Tech earnings. Microsoft’s (MSFT) earnings were better than expected,…
All eyes are on earnings from major tech heavyweights expected Wednesday, particularly as this week’s DeepSeek-fueled tech sell-off has led to further scrutiny on the high valuations and artificial intelligence ambitions of U.S. technology stocks. With Meta Platforms , Tesla and Microsoft each set to report quarterly results after the market close, CNBC Pro combed…
Stryker (SYK) stock dipped late Tuesday after the medtech company beat Wall Street’s fourth-quarter forecasts, but announced its plan to divest the U.S. spinal business. ↑ X NOW PLAYING How To Buy Stocks: Cup-With-Handle Chart Pattern The company plans to sell the business to Viscogliosi Brothers, a family-owned investment firm that will spin it out…
Dow Jones futures edged lower after hours, along with S&P 500 futures and Nasdaq futures. The Federal Reserve meeting will conclude Wednesday but the attention will quickly turn to Tesla (TSLA), Meta Platforms (META), Microsoft (MSFT) and ServiceNow (NOW), due Wednesday night. The stock market rebounded Tuesday, with the Nasdaq leading after Monday’s AI-led losses. AI…
The busiest week of the earnings season is here, with some of the world’s largest tech companies slated to report. Apple, Microsoft and Meta Platforms are among the roughly 90 S & P 500 companies due to post their latest quarterly figures. General Motors and Starbucks are also on the docket. It’s been a solid…
It was what Wall Street wanted. And this week at least, it’s what Wall Street is getting: A market-friendly Donald Trump – talking up policies to boost growth and lower taxes, while dialing back plans to immediately disrupt the world trading order. Despite the protectionist threats of the campaign trail, Trump held off on imposing…
Meta Platforms (META) Chief Executive Mark Zuckerberg on Friday called 2025 “the defining year of AI,” saying the tech giant plans to invest between $60 billion and $65 billion in capital expenditures. That’s more spending that analysts had forecast, but Meta stock still gained in Friday trading. ↑ X NOW PLAYING Zuckerberg Is Investing Billions…
Dow Jones futures will open Sunday evening, along with S&P 500 futures and Nasdaq futures. The stock market rally had a strong week to start President Donald Trump’s return to the White House, though Friday saw tech-led losses. Many leading stocks flashed buy signals or extended runs. Magnificent Seven stocks Tesla (TSLA), Meta Platforms (META),…
Check out the companies making headlines before the stock market opens. Boeing — The airplane maker slipped slipped 1.3% after preliminary fourth-quarter financial results reflected ongoing struggles. Boeing said it expects to report a loss of $5.46 per share for the fourth quarter on revenue of $15.2 billion, less than analysts’ expectations, according to LSEG…