Straits Times Index
3,272.72 +47.55 (+1.47%) S&P 500
5,010.60 +43.37 (+0.87%) Dow
38,239.98 +253.58 (+0.67%) Nasdaq
15,451.31 +169.30 (+1.11%) Bitcoin USD
66,171.48 +284.77 (+0.43%) CMC Crypto 200
1,419.22 +4.46 (+0.32%)
Meta Platforms, Inc. (META)
Pre-market:
| Previous close | 481.07 |
| Open | 489.65 |
| Bid | 481.56 x 100 |
| Ask | 481.82 x 100 |
| Day's range | 473.40 - 492.01 |
| 52-week range | 207.13 - 531.49 |
| Volume | |
| Avg. volume | 17,353,866 |
| Market cap | 1.222T |
| Beta (5Y monthly) | 1.18 |
| PE ratio (TTM) | 32.35 |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | 2.00 (0.42%) |
| Ex-dividend date | 21 Feb 2024 |
| 1y target est | N/A |
- Yahoo Finance
Why the Magnificent 7's 'momentum is collapsing'
Six of the largest tech companies are expected to see earnings growth slow over the next year, leaving room for other companies to lead the next leg of the stock market rally, UBS analysts say.
- Yahoo Finance
Zuckerberg wants more companies to build Meta-powered headsets
Mark Zuckerberg says Meta will open up its Quest operating system so that third-party companies can build new headsets.
- Yahoo Finance Video
Mag 7 is 'over-owned', trade on strength instead: Strategist
Big Tech is next on deck to report earnings results this week, injecting some enthusiasm into the stock market (^DJI, ^IXIC, ^GSPC) after April declines. Longview Economics CEO and Chief Market Strategist Chris Watling joins Yahoo Finance to share his insights on the market outlook. Watling notes that most corrections are "good things for the market," saying he wouldn't be surprised if volatility persists. Watling advises investors to "think about selling into strength" as he foresees shifts in the global market. He encourages investors to look beyond the Magnificent Seven tech stocks, stating: "Every man and his dog owns the Magnificent Seven, it's over-owned. We need to rotate into something else." Regarding the uncertain expectations for interest rate cuts from the Federal Reserve, Watling acknowledges that they have been continuously readjusted and priced out. However, he highlights that "there's plenty of upside" in many stocks, as the market is in a rate-cutting cycle. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance. This post was written by Angel Smith
