meta stock

S&P 500 Dips As Meta's Plunge Affects Tech Outlook | Daily Market Analysis

Key events: Japan - BoJ Interest Rate Decision USA - Core PCE Price Index (YoY) (Mar) USA - Core PCE Price Index (MoM) (Mar) The S&P 500 closed lower on Thursday, although it recovered significantly from session lows as Meta trimmed some losses. Rising Treasury yields, fueled by economic data indicating slowing growth but persistent inflation, compelled traders to delay bets on a first rate cut until December.

Read more

S&P 500 Edges Up Amid Tech Surge; USD Trends Amid Fed Policy Uncertainty | Daily Market Analysis

Key events: USA - GDP (QoQ) (Q1) USA - Initial Jobless Claims Wednesday saw the S&P 500 managing a slight uptick, albeit amid pressure from climbing Treasury yields and softness in industrial sectors. However, a surge in Tesla shares bolstered the tech sector ahead of looming earnings reports from major tech players. The S&P 500 inched up by 0.02%, while the NASDAQ Composite advanced by 0.1%. Conversely, the Dow Jones Industrial Average dipped by 0.1%, or 42 points.

Read more

S&P 500 Hits Historic High Amidst Jobs Report Uncertainty | Daily Market Analysis

Key events:

Read more

Dow Hits Record, Apple and Meta Shine, Gold Eyes Jobs Report, Dollar Awaits NFP Data | Daily Market Analysis 

Key events:

Read more

US Stocks Rally Amid Megacap Surge, Gold Prices Recover; Focus Shifts to Inflation Data and Central Bank Strategies | Daily Market Analysis

Key events:  USA - Core CPI (MoM) (Dec) USA - CPI (MoM) (Dec) USA - CPI (YoY) (Dec) USA - Initial Jobless Claims USA - 30-Year Bond Auction On Wednesday, US stocks saw an upward trend with a boost from mega-cap companies, although gains were tempered in anticipation of forthcoming inflation reports and significant bank earnings later in the week.

Read more

Meta Platforms: Navigating Investment Opportunities and Risks in the Digital Age

Meta Platforms, previously known as Facebook, stands as one of the world's largest conglomerates, boasting a market capitalization exceeding $794 billion. Ranked as the 7th largest company globally by market cap, it follows giants like Apple, Microsoft, Saudi Aramco, Alphabet, Amazon, and Nvidia. This prominence naturally piques the interest of traders and investors, especially those with a short-term focus. In this article, we delve into Meta Platforms, exploring its vast reach and revenue streams, and assess the safety of investing in its stock.

Read more

Wall Street's Ongoing Selloff Amidst Rising Yields and Fed Uncertainty | Daily Market Analysis

Key events:

Read more

Wall Street Ends Positively Amidst Treasury Yield Pause and Inflation Anticipation; Gold and Eurozone Inflation Data Create Market Ripples | Daily Market Analysis

Key events:

Read more

S&P 500's Volatile Climb Amidst Rising Rates and Global Uncertainties | Daily Market Analysis

Key events: USA - GDP (QoQ) (Q2) USA - Initial Jobless Claims USA - Pending Home Sales (MoM) (Aug) On Wednesday, the S&P 500 managed to secure a marginal uptick in a volatile trading session. Investors found themselves in a dilemma, contemplating whether it was the right time to seek out undervalued opportunities following a recent market downturn driven by soaring Treasury yields and uncertainty surrounding future interest rate trajectories.

Read more

Markets Respond to Tesla's AI Surge, Gold Stability, and European ECB Anticipation | Daily Market Analysis

Key events:   USA - OPEC Monthly Report     USA - Federal Budget Balance (Aug) On Monday, the Nasdaq experienced a significant uptick in performance, driven by Tesla's (NASDAQ: TSLA) remarkable surge fueled by optimism surrounding artificial intelligence. Investors were also eagerly awaiting inflation data set to be released later in the week.

Read more