Staff cuts at Meta lead Jefferies to lift price target for social media giant
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/24/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Needham Starts NeoVolta (NEOV) at Buy
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
Italy to investigate Meta (META) over abuse of position in music rights case
April 5, 2023 12:18 PM EDTItalys antitrust authority announced Wednesday that the regulator would be investigating Meta Platform (NASDAQ: META) over the possible abuse of its position in talks over the rights to music posted on Meta's platforms and potentially hurting competition in the sector.
The dispute involved... More
Meta Platforms (META) deep cost cuts to boost profitability, claims Argus
April 5, 2023 10:05 AM EDTMeta Platforms (NASDAQ: META) was upgraded to Buy from Hold with a $270 price target at Argus on Wednesday. The firm said it believes the social media giant's deep cost cuts will boost profitability even in an uncertain macroeconomic environment, while increased competition in the social media space,... More
