Meta shorts book $1.7bn profit in a day as shares plunge
Meta’s 13% plunge on 25 April wiped out over $150bn from the firm’s market value
Revolut says Mark Zuckerberg’s Meta platforms are ‘hotbed’ for scams
The fintech said that over 60% of scams reported by its UK customers originated from Facebook, Instagram and WhatsApp
2 min read
AI investors nervous ahead of Microsoft, Meta and Alphabet earnings
Analysts say the picture isn't necessarily rosy for big tech giants
2 min read
Short-sellers make billions in Meta’s stock plunge
Meta has become the second most profitable short bet of 2022, new data suggests
2 min read
Can investors disrupt the market for fake news?
As misinformation becomes an increasingly serious problem, understanding the market for this content is essential to mitigate its impact
4 min read
Blue Whale dumped Meta before its crash. What did it buy instead?
Star UK manager turns to financials, casting doubt on technology companies' future prospects
3 min read
Blue Whale’s Stephen Yiu on dumping Meta stock and why ‘it will get worse’
‘Facebook will face a lot of headwinds. It’s not something that will disappear,’ says manager of one of the UK’s top retail funds
4 min read
What Facebook’s crushing projections mean for social media stocks
Wall Street is asking questions over whether Meta Platforms can keep revenues hot against stiff competition
4 min read
Facebook’s CFO warned of pending doom before the carnage. Now what?
Meta Platforms shares plunged nearly 23% in 2 February’s extended session after another warning from chief financial officer David Wehner Wehner
4 min read
Why Facebook’s metaverse venture could bite profits
Shares of Meta fell more than 7% in January alone, extending a more than 16% slide since the company closed at a record high on 7 September
4 min read
Tech stocks could slump for a decade as Rob Arnott warns valuations are ‘very extended’
‘I am confident that the real return for tech will be negative for the coming decade,’ says leading investor
Facebook’s head of crypto project steps down
David Marcus said he would step down at the end of the year to pursue entrepreneurial projects outside the company
Why the metaverse might not be worth as much as you think
The metaverse concept is being cheered as a market that could be worth up to $8tn — or much, much less.
Facebook and Google duck questions about earnings from scam ads
MPs wrote to the online giants to ask how they deal with finance scam ads
2 min read
Facebook investors slam ‘damage it is inflicting on our society’
Investors have voiced concerns about the company's governance and societal impact in the wake of leaked internal documents
5 min read
UK lawmakers probe Facebook over Instagram’s stock picking ‘finfluencers’
The tense discussion between MP Alison Thewliss and Allison Lucas, Facebook's content policy director, highlights challenges posed by social media for financial regulators
3 min read