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Meta's earnings call is today at 5 pm ET. META stock heads into the report up 15% YTD. Analysts are focused on AI monetization efforts and DeepSeek.
Meta delivered fantastic results for Q4 2024. The company increased earnings per share for the quarter by 50% year over year, reaching $8.02. The figure well exceeded Wall Street's expectations of ...
Meta is hiring again, after laying off more than 20,000 workers since late 2022. Meta's headcount was 72,404 as of September 30, an increase of 9% year-over-year, and up from 70,799 at the end of ...
Ronald G. Insana (born March 31, 1961) [1] is an American finance reporter, author and former hedge fund manager. He presents the Market Score Board Report with Ron Insana radio show, syndicated by Compass, and is a senior analyst and commentator at CNBC.
The Online News Act was in effect by year-end, but Meta will not participate in the regulatory process. [88] In October 2023, Zuckerberg said that AI would be Meta's biggest investment area in 2024. [89] Meta finished 2023 as one of the best-performing technology stocks of the year, with its share price up 150 percent. [90]
Pisani has worked for CNBC since 1990. Until 1997, Pisani largely covered the real estate industry and corporate management. Since then, he has reported live from the floor of the New York Stock Exchange, surrounded by floor traders. He mainly focuses on activity in major stock market indices and is CNBC's senior markets correspondent.
Shares of Facebook owner Meta plummeted 26% on Thursday, the biggest single-day slide in market value for a U.S. company, after the social media giant issued a dismal forecast, blaming Apple Inc's ...
CNBC 101: Bob Pisani presents the "CNBC 101" segment on Thursdays. News Update: News headlines from outside the world of business, broadcast at 2.30pm ET. Econo Smackdown: Seen during the first hour with Steve Liesman (in studio) and Rick Santelli (in Chicago ).