Investors have turned their backs on tech stocks after a series of disappointing results from the biggest names in the industry, including Apple, Google’s parent Alphabet, Microsoft, Amazon and Facebook parent Meta.
By Edward Moya US stocks have been struggling for direction all week after a mixed bag of earnings was accompanied with economic data that supports the idea that the economy is weakening.
While Facebook’s active user base continues growing on a global scale, the world’s largest social networking platform seems to be losing ground in the European market where monthly active users plunged by
By Craig Erlam Equity markets stabilised a little in the middle of the week, with big tech earnings failing to steer them significantly one way or another. It’s been a mixed bag
By Jeffrey Halley Equity markets were higher in Asia Thursday as US index futures rallied after Facebook-parent Meta posted minuscule growth in user numbers, along with robust financials. The results came too