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Facebook’s Shares Plunge After Profit Decline

CFO News Room

startled investors with a sharper-than-expected decline in profits and a gloomy outlook in its first earnings report since Chief Executive. Facebook also cited inflation as a weight on advertiser spending. and Canada, two of the company’s most profitable markets, the results show. Facebook parent. Meta Platforms Inc.

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The Seven Samurai: How Big Tech Rescued the Market in 2023!

Musings on Markets

That bias notwithstanding, these seven companies have been extraordinary investments, not just in 2023, but over the last decade, and there are lessons that we can learn from looking at the past. First, let's look at the performance of these seven stocks in 2023, when their collective market capitalization increased by a staggering $5.1

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Is Robinhood Safe? – Good Financial Cents®

CFO News Room

It was founded in 2013 by two Stanford roommates, Baiju Bhatt and Vlad Tenev, who wanted to make investing simpler and more accessible to everyone. They also offer educational resources to help users learn the basics of investing. Their CRD # 165998 which can be found on their FINRA BrokerCheck firm summary. Is Robinhood Safe to Use?

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Q3 Ad-Buying Rebound Bodes Well For Holiday Sales

PYMNTS

The latest earnings reports from Big Tech giants and social media platforms show that advertising spend is through the roof at present, after basically falling off the roof earlier this year. did strong Q3 numbers, with PYMNTS reporting that “Alphabet said search and other advertising revenues rose 6 percent year over year to $26.3

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The Three A’s Of Alphabet’s Q3: Advertising, AI And Ambient Computing

PYMNTS

By the numbers, Google’s biggest and most notable miss was on its net income, which logged in at $7.07 Google’s advertising revenue — far and away its most profitable and core business line — hit $33.92 Pichai said that growth has been driven by the expansion of automated bidding among advertisers. “In billion or $10.12

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10 Wednesday AM Reads

Barry Ritholtz

My mid-week morning train WFH reads: • Is Rolex a Non-Profit? The Federal Reserve chair spent the early pandemic bemoaning the loss of a strong job market. The Guardian ) • Vivek Ramaswamy’s investment firm dials back anti-woke rhetoric. Answers to Your Burning Questions About the Rolex Watch Company. Can He Keep It?

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Back to Earth or Temporary Setback? Revisiting the FANGAM Stocks

CFO News Room

In this post, I will be valuing each of these companies, both to assess whether to invest in them individually, and to examine whether there are lessons for the market in their price entrails. For the latter, I am reporting on the trailing 12-month numbers, to ensure that I have the calendar year numbers.)

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