Meta shares doubled since Jim Cramer apologized to viewers

Shares of Facebook’s parent company Meta have fallen since CNBC anchor Jim Cramer emotionally apologized to viewers on Oct. 27 for touting tech giant Meta’s stock as a buying opportunity. has nearly doubled in value. Meta shares closed at $188.77 on Thursday — compared to a closing price of $99. On the 74th, Cramer’s sombre […]

Amazon shares slide 3% despite beating Q4 sales forecast

Amazon said on Thursday that layoff savings could not offset the economic impact of restrained spending among consumers and cloud customers, which could result in zero operating profit this quarter. Amazon’s holiday season earnings beat Wall Street’s expectations, but the company’s chief financial officer told reporters that long-profitable cloud revenue growth is set to rise […]