Meta stock soars 20% after Zuckerberg hints at more layoffs

Meta CEO Mark Zuckerberg says the social media giant will make 2023 the ‘year of efficiency’ as Wall Street takes a liking to news the company will begin a $40 billion share buyback. It reacted, suggesting more layoffs could come. Meta’s share surged nearly 20% in pre-market trading on Thursday as Facebook’s parent company’s fourth-quarter […]

Stock market live news updates: Tech stocks soar after Fed's latest rate hike – Yahoo Finance

Tech stocks rose Wednesday after Federal Reserve announcement recent interest rate hike After Fed Chairman Jerome Powell suggested the economy was showing signs of ‘disinflation’. When the closing bell rang on Wall Street, the tech-focused Nasdaq Composite (^IXIC) rose 2%, with market charges rising following Chairman Powell’s comments. S&P 500 (^GSPC) rose 1% and the […]

What's Going On With Tesla Stock Today – Benzinga

Tesla Inc. TSLA The stock fell 3.19% to trade at $172.22 on Monday afternoon. Stocks are pulling back during Monday’s session, following last week’s rally after Wednesday’s company. Reported better-than-expected results Fourth Quarter EPS and Sales Performance, and Fourth Quarter Total Production and Total Shipment Year-over-Year Growth. Shares of EV-related and clean-energy vehicle stocks also […]

Why Tesla Stock Is Popping Off Today – Benzinga

Tesla Inc. TSLA The stock traded 10.59% higher at $177.24 on Friday, continuing the company’s upward momentum. Reports Fourth Quarter EPS and Revenue Better than ExpectedTesla reports total production in the fourth quarter was 439,701 units, up about 44% year-over-year. In the fourth quarter he shipped 405,278 units, up 31% year-on-year. A number of analyst […]

Chevron to Buy Back $75 Billion in Stock After Record Profit – Yahoo Finance

(Bloomberg): Chevron to buy back $75 billion in shares, pay dividends after a year of record profits when soaring energy prices weighed on consumers and sparked angry outcry from politicians around the world We are planning to increase the amount of money. Bloomberg’s most read articles The share buyback program will begin on April 1 […]