Meta shares soar almost 20% on fourth-quarter revenue beat
Facebook-parent Meta reported revenue for the fourth quarter that topped estimates and gave a forecast suggesting that sales could rise in the first quarter.
Facebook-parent Meta reported revenue for the fourth quarter that topped estimates and gave a forecast suggesting that sales could rise in the first quarter.
AMD reported earnings as many of its rival chipmakers have stumbled in recent weeks, citing lower consumer demand for finished electronics.
Meta, Apple, Google, Amazon and Snap are slated to report earnings this week as an economic slowdown and Apple privacy changes weigh on prospects.
Cramer also reviewed next week’s roster of earnings.
Tesla shares rose 33% to close their best week since May 2013, boosted by positive economic data and an earnings beat.
Evusheld was a key antibody treatment taken by people with weak immune systems as an added layer of protection.
Intel called for a loss in the first quarter, while analysts had expected income. The chipmaker is dealing with a sharper-than-expected PC market contraction.
Electric vehicle maker Tesla reported earnings after the bell. Here are the results.
Microsoft saw slower Azure growth and device execution challenges in a quarter where it took a $1.2 billion charge, mainly for cutting 10,000 jobs.
Microsoft announced a new multiyear, multibillion-dollar investment with the artificial intelligence lab OpenAI, according to a release Monday.