Meta Platforms (META) to introduce ad-free subscription for Facebook and Instagram in Europe

Facebook and Instagram To Offer Subscription For No Ads In Europe (META)

October 30, 2023 8:04 AM EDT

Meta will offer people in the EU, EEA and Switzerland the choice to pay a monthly subscription to use Facebook and Instagram without any ads. They can alternatively continue to use these services for free while seeing ads that are relevant to them.We believe in a free, ad-supported internet and will continue to offer people free access to our personalised products and services regardless of income.Whether people choose to use our products for free with ads or subscribe to stop seeing ads, we are committed to keeping peoples information private and secure, under... More

Satori's Dan Niles says he covered shorts in Tesla and Apple, looks to re-short higher

October 27, 2023 6:05 AM EDT

Dan Niles, a prominent hedge fund manager, said on the social media platform X that while he covered shorts in Tesla (NASDAQ: TSLA) and Apple (NASDAQ: AAPL), he is still looking to reshort higher.

Tesla shares are trading in a... More

Amazon, PCE data, Bank of Japan - what's moving markets

October 27, 2023 4:52 AM EDT

Investing.com -- Amazon shines with its third-quarter earnings, helping push Wall Street into a positive close to the week. The Fed's favorite gauge is due later in the session, while crude prices gain on elevated Middle East tensions. Next week's Bank of Japan meeting also looms large. 

1. Amazon shines in third quarter

Amazon (NASDAQ: AMZN) was the latest of the major tech companies to report third-quarter results, and the e-commerce giant topped expectations as growth in its cloud business continued to stabilize and advertising... More

Meta Platforms Inc. (META) PT Raised to $375 at DZ Bank

October 27, 2023 3:37 AM EDT

DZ Bank analyst Ingo Wermann raised the price target on Meta Platforms Inc. (NASDAQ: META) to $375.00 (from $370.00) while maintaining a Buy rating.... More

Inflation report, energy earnings, Colgate-Palmolive: 3 things to watch

October 26, 2023 4:40 PM EDT

Investing.com -- Stocks were lower on Thursday as investors continued to digest earnings reports from big tech companies.

After the enthusiasm for artificial intelligence earlier this year that provided a catalyst for the tech sector, the Nasdaq has fallen sharply in recent days. Earnings from Microsoft (NASDAQ: MSFT) and Alphabet (NASDAQ: GOOGL) showed that progress in AI is uneven among firms, while Meta... More

Stock Market Today: Dow closes lower as tech wreck continues amid Meta slump

October 26, 2023 4:40 PM EDT

Investing.com -- The Dow closed lower Thursday, pressured by a Meta-led slump in tech as concerns about slowing advertising growth offset better-than-expected quarterly results.

The Dow Jones Industrial Average fell 0.8% or 251 points, and the S&P 500 fell 1.2%, the Nasdaq fell 1.8%.

Meta leads tech lower after downbeat outlook on advertising demand

Meta Platforms (NASDAQ: META) fell more than 3% after it flagged weaker advertising demand seen in the fourth quarter so far. Concerns about slowing growth overshadowed Q3 results that beat analyst estimates on both the top and bottom lines... More