Meta stock price jumps 19.11%

Note: This section contains information in English only.
Source: Dukascopy Bank SA


The stock price of the Facebook owner Meta soared at the start of the day's trading, the surge was attributed to the company announcing a $40 billion stock buyback and the CEO of the company announcing a "Year of Efficiency".

Meanwhile, the company's profits have fallen from $10.29 billion to $4.65 billion and earnings per share are down to $1.76 from $3.67 on an annual basis.

In general, the company's stock had been previously sold off by investors due to what was called the "Metaverse Lunacy". Namely, CEO Mark Zuckerberg had been dedicating major financial resources to the creation of the Metaverse. Comments made by Zuckerberg after the earnings publication indicated that the experimentation with the project might end and resources would be allocated to more profitable departments.
Back to articles

Actual Topics

Fri, 03 Feb 2023 14:35:08 GMT

US top stocks miss expectations and gap down 2.00%-7.00%

Last night, three top US companies Apple, Alphabet and Amazon have published their quarterly earnings results. In general, all companies have missed earnings and revenue estimates, which were already reduced due ongoing decline of consumer demand. Apple missed earnings per share by 3.03%. Earnings came in at $1.88 instead of expected $1.939. Total revenues were below expectations by 3.44%. The company

Thu, 26 Jan 2023 14:25:15 GMT

Tesla jumps on market open

At the start of the day's trading, the stock price for Tesla jumped by nearly 10.00%. The stock price started the day at $158.37, compared to the previous close of $144.44. The boost of the stock price occurred due to the quarterly earnings results that were released after Wednesday's market close. The company had beaten its earnings forecast by

Subscribe to "Fundamental Analysis" feed

Subscribe
Per scoprire di più sulla piattaforma di Dukascopy Bank per Forex/CFD, sul SWFX ed altre informazioni relative al trading,
la preghiamo di contattarci o richiedere di essere contattato (callback request)
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
Per scoprire di più sulla piattaforma di Dukascopy Bank per Forex/CFD, sul SWFX ed altre informazioni relative al trading,
la preghiamo di contattarci o richiedere di essere contattato (callback request).
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.