Meta posts sharply higher Q4 profit, revenue, topping Wall Street's expectations
Meta Platforms Inc. posted sharply higher profit and revenue for its fourth quarter on Wednesday, thanks to higher ad revenue on its social media properties
Read more at ABC News
Topics
-
Tractor Supply’s stock slides on narrow Q4 earnings miss, weaker-than-expected guidance
Tractor Supply’s CEO said the company “performed well in a challenging retail environment.”MarketWatch - 5h -
Wolfspeed posts revenue beat, cites ‘significant progress’ on new operating plan
Wolfspeed Inc.’s stock rose in extended trading Wednesday, after the semiconductor company beat Wall Street’s revenue expectations in its fiscal second-quarter results.MarketWatch - 17h -
Meta shares pop after company beats on revenue
Meta reported earnings after the bell. Here are the results.CNBC - 19h -
Tesla earnings miss Wall Street expectations despite record sales
Tesla has been losing market share in several countries as growing competitors offer customers alternatives.CBS News - 19h -
Why more Wall Street firms are growing worried
The stock market is extremely overvaluedMarketWatch - 2d -
DeepSeek rattles Wall Street. What the Chinese startup means for Nvidia, Meta and the rest of our AI stocks
We explore DeepSeek's wide-ranging implications for our investment portfolio.CNBC - 2d -
Why China's DeepSeek shocked Wall Street
News of DeepSeek, a Chinese artificial intelligence company, have impacted tech stocks in the U.S. as fears emerge that it could rival OpenAI's ChatGPT. CBS MoneyWatch correspondent Kelly O'Grady ...CBS News - 2d -
Top Wall Street analysts recommend these dividend stocks for stable returns
TipRanks' analyst ranking service pinpoints Wall Street's best-performing stocks, including AT&T and Diamondback EnergyCNBC - 4d -
Why AMD could surprise Wall Street with better-than-expected earnings
AMD is under heavy pressure to defend its stock-market valuation.MarketWatch - 5d -
Adidas to cut up to 500 jobs after posting better-than-expected holiday profits
Adidas plans to cut as many as 500 jobs in a bid to simplify its business, a person familiar with the matter confirmed to CNBC on Thursday.NBC News - 5d -
Boeing books charges and warns on fourth-quarter revenue and profit
Aerospace group cites $2.8bn hit from last year’s strike, lay-offs and rising defence business costsFinancial Times - 6d -
Adidas to cut up to 500 jobs after posting better-than-expected holiday profits
Adidas plans to cut as many as 500 jobs at its corporate headquarters in Germany in a bid to simplify its business—not to cut costs.CNBC - Jan. 23 -
Real Madrid post record revenue over $1 billion
Real Madrid have become the first club to record over €1 billion in annual revenue in the Deloitte Football Money League, the consulting firm said Thursday.ESPN - Jan. 23 -
Nvidia Supplier SK Hynix Posts Record Profit on AI Boom
The South Korean memory-chip maker reported record quarterly and annual results after stronger-than-expected earnings for the final quarter of 2024 on robust chip demand.The Wall Street Journal - Jan. 22 -
Lofty expectations pose tough earnings test for Wall Street
Strong results from $25tn worth of companies needed to help drive rally after shaky few weeks for S&P 500Financial Times - Jan. 18 -
How the bonus season now unfolds on Wall Street
The past dramas of ‘comp days’ have given way to more sanitised proceduresFinancial Times - Jan. 17 -
Taiwanese chipmaker TSMC posts 57% surge in profit thanks to the AI boom
Taiwan computer chip maker TSMC has reported its profit in the last quarter rose 57%, buoyed by the artificial intelligence boomABC News - Jan. 16 -
TSMC net profit hits record high as fourth-quarter results top expectations on robust AI chip demand
TSMC, the world's largest contract chip manufacturer, produces advanced processors for clients such as Nvidia and Apple and has benefited from the megatrend in favor of AI.CNBC - Jan. 16 -
Wall Street stocks post biggest rally since Trump’s election victory
Easing underlying US inflation and strong bank earnings boost equitiesFinancial Times - Jan. 15 -
JPMorgan Chase posts record profit as the bank's massive scale pays off
JPMorgan Chase on Wednesday posted record quarterly and annual earnings and revenue, reinforcing the company’s status as the biggest and most profitable bank in U.S. history.NBC News - Jan. 15 -
JPMorgan Chase posts record profit as the bank’s massive scale pays off
The bank said profit rose 50% to $14 billion in the fourth quarter as noninterest expenses fell 7% from a year earlier.CNBC - Jan. 15 -
Experian Posts Revenue Growth in Line With Guidance
The company reported total revenue growth of 8% at constant exchange rates for the third quarter of fiscal 2025, and confirmed its guidance for the year.The Wall Street Journal - Jan. 15 -
Retailers post early holiday results — and Wall Street isn’t impressed
Lululemon, Abercrombie & Fitch and American Eagle all hiked their holiday guidance, but Abercrombie's growth is slowing.CNBC - Jan. 13 -
Moderna’s stock tumbles to post-COVID lows after revenue outlook disappoints
Moderna’s stock tumbles after a disappointing outlook for revenue and the need to accelerate its cost-cutting plan.MarketWatch - Jan. 13 -
Macy’s stock slides as retailer warns Q4 sales could be weaker than expected
Macy’s gave its fourth-quarter update just days after announcing a slate of store closures.MarketWatch - Jan. 13 -
Big US banks set for $31bn quarterly profit as Wall Street business booms
Trading activity boosted in final quarter of 2024 by Donald Trump’s election winFinancial Times - Jan. 13 -
China's imports post surprise growth in December; exports beat expectations as higher tariffs loom
Economists are expecting exports to make a notable boost to China's economic growth last year when the figures are released later this week.CNBC - Jan. 13 -
Consumer expectations for higher inflation soar in early January
Americans’ expectations for overall inflation over the next year jumped to 3.3% in January from 2.8% in the prior month, according to the University of Michigan’s gauge of consumer sentiment.MarketWatch - Jan. 10 -
A $28 Trillion Corner of Wall Street Is Flashing a Warning About the U.S. Economy
Bond yields have surged since the Fed began cutting interest rates.Inc. - Jan. 9 -
Wall Street names 13 of our stocks 'top picks' for 2025 — here's the list and our takes
These are names analysts say can not only weather any headwinds but will thrive in the new year.CNBC - Jan. 9 -
China steps up defence of renminbi against Wall Street bets
Currency softens over weakness in world’s second-largest economy and fear of Trump tariffsFinancial Times - Jan. 9 -
Exodus by Wall Street Banks From Climate Group Worries Advocates
The end of the year saw five of the six largest U.S. banks leave the Net-Zero Banking Alliance, as conservative pressures discouraged their climate change policies.Inc. - Jan. 6 -
Michael Barr to step down as Fed’s top Wall Street regulator
US central bank’s vice-chair for supervision will leave his role in February but stay on as a governorFinancial Times - Jan. 6 -
Foxconn Posts Record Fourth-Quarter Revenue on AI Demand
The Taiwan-listed assembler of Apple and Nvidia products posted record revenue for the fourth quarter, helped by robust demand for servers to power burgeoning artificial intelligence technologies.The Wall Street Journal - Jan. 5 -
Top Wall Street analysts pick these dividend stocks for 2025
TipRanks' analyst ranking service reveals three dividend-paying stocks, including Ares Capital and ConocoPhillips.CNBC - Jan. 5 -
Why Wall Street Expects the Stock Market to Have a Big 2025
Analysts see corporate earnings improving beyond just big tech names.Inc. - Jan. 2 -
Gold set to rally further this year, say Wall Street banks
Yellow metal expected to continue to benefit from buying by global central banksFinancial Times - Jan. 2 -
Wall Street ends 2024 on down note but made substantial gains for the year
Wall Street ended 2024 with stocks slipping, but NBC News' Brian Cheung reports that overall, the year was good for investors.NBC News - Dec. 31
More from ABC News
-
The oldest evidence for lead pollution comes from ancient Greece
Researchers have found the oldest known evidence of lead pollution dating to around 5,200 years ago in ancient GreeceABC News - 2h -
NASA's 2 stuck astronauts take their first spacewalk together
NASA's two stuck astronauts are taking their first spacewalk together, exiting the International Space Station almost eight months after moving inABC News - 5h -
Meta agrees to pay $25 million to settle lawsuit from Trump after Jan. 6 suspension
Meta has agreed to pay $25 million to settle a lawsuit filed by President Donald Trump against the company after it suspended his accounts following the Jan. 6, 2021, attack on the CapitolABC News - 18h -
Microsoft reports 10% quarterly profit growth as it works to show AI investments paying off
Microsoft Corp. said Wednesday that its profit for the October-December quarter grew 10% from the same time last year as it works to capitalize on the huge amounts of money it has spent to advance ...ABC News - 21h -
Gilgo Beach suspect seeks to bar DNA evidence and have separate trials in 7 deaths
The New York architect facing murder charges in a string of deaths known as the Gilgo Beach killings on Long Island is challenging the DNA evidence against him and is seeking separate trials in the ...ABC News - 23h
More in Tech
-
BattleTech Anniversary Edition Gets New Expansion And Miniatures Packs
The long-running tabletop mech game BattleTech has spawned numerous video games, including MechWarrior, MechAssault, and 2018's BattleTech, but if you've ever wanted to get into the board game that ...GameSpot - 33m -
Eternal Strands Review - Magic Weaver
Eternal Strands weaves together a deeply intriguing scene from its earliest moments, stitching together a picture of a fantasy world built around the concept of magic emulating threads. It's a ...GameSpot - 38m -
Magic And Gunplay Collide In First Look At The Directorate: Novitiate
Fans of Control may want to take note that there's a new third-person action-RPG that blends magic and gunplay. Nesting Games has announced The Directorate: Novitiate, a game that puts players in ...GameSpot - 1h -
Video Game History Foundation's Massive Digital Library Is Now Open To The Public
After a brief tease last week , the Video Game History Foundation has officially thrown the virtual doors open to its massive digital library . Designed to be a free-to-access resource for ...GameSpot - 1h -
Summer Game Fest Returns On June 6 With A Showcase At The YouTube Theater
Geoff Keighley has confirmed that the next Summer Game Fest showcase will take place on June 6.. Summer Game Fest is an annual event Keighley started in 2020 in lieu of E3. Since 2021, there has ...GameSpot - 1h