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The Latest Breaking News from Meta

Five Great Reads: Covid’s human toll, Meta in freefall, Black Francis quizzed

Guardian Australia’s weekday wrap of good writing and sensational stories, selected by lifestyle editor Alyx Gorman

The Guardian - AU

Bank of England raises interest rates to 0.5pc, Meta faces historic market wipeout, ASX higher on late rally

Bank of England raises interest rates to 0.5pc, Meta faces historic market wipeout, ASX higher on late rally

Australian shares close in positive territory after a choppy session. Meanwhile, global equity markets tumble as frightened investors digest disappointing updates from major central banks about the outlook for inflation and interest rates.

Metaverse Cryptos Skyrocket Amid Meta Platforms' Plunge

Metaverse Cryptos Skyrocket Amid Meta Platforms' Plunge

Meta Platforms Inc (NASDAQ: FB) — the metaverse company behind Facebook and Instagram — saw its stock plunge 26% Thursday.

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How Much Will Apple's iOS Privacy Changes Cost Facebook In 2022?

Meta Platforms, Inc.

Metaverse Land Just Sold For $157,800 (60,000 MANA) In Decentraland

What happened: Virtual land tokenized as an NFT just sold for $157,800, which is 12.78x the current floor price of 4.6999 Ethereum (CRYPTO: ETH) ($157,800 USD). The collection consists of over 97,000 plots of land –– at the current moment each plot Land parcels are 16m x 16m, or 52…

This Plot Of Digital Land Just Sold For $20,994 In ETH In The SandBox

What happened: Virtual land tokenized as an NFT just sold for $20,994, which is 2.03x the current floor price of 3.94 Ether (CRYPTO: ETH). The estate consists of 166,464 plots of land –– each plot is 2,500 square feet in the metaverse.

This Plot Of Digital Land Just Sold For $23,618 In ETH In The SandBox

What happened: Virtual land tokenized as an NFT just sold for $23,618, which is 2.28x the current floor price of 3.94 Ether (CRYPTO: ETH). The estate consists of 166,464 plots of land –– each plot is 2,500 square feet in the metaverse.

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Metaverse Land Just Sold For $49,047 (18 ETH) In The SandBox

Metaverse Land Just Sold For $49,047 (18 ETH) In The SandBox

What happened: Virtual land tokenized as an NFT just sold for $49,047, which is 4.74x the current floor price of 3.94 Ether (CRYPTO: ETH). The estate consists of 166,464 plots of land –– each plot is 2,500 square feet in the metaverse.

Why some Australians are paying real money for virtual land in the metaverse

Why some Australians are paying real money for virtual land in the metaverse

Virtual real estate is booming. So what exactly is it, what are the risks for potential buyers, and who are the Australians taking the plunge?

Can Mark Zuckerberg 'Catch Lightning In A Bottle' Again? Here's Why This Investor Is Avoiding Meta's Stock

Can Mark Zuckerberg 'Catch Lightning In A Bottle' Again? Here's Why This Investor Is Avoiding Meta's Stock

Meta Platforms Inc (NASDAQ: FB) is on pace for its worst one-day decline in history following the company's weak earnings results. Ritholtz Wealth Management's Josh Brown thinks there is an even bigger issue at play.

Here's How KeyBanc Views Meta, Snap

Here's How KeyBanc Views Meta, Snap

KeyBanc analyst Justin Patterson lowered the price target on Meta Platforms Inc (NASDAQ:FB) to $280 from $420 (16% upside) and kept an Overweight rating on the shares following quarterly results. The analyst notes measurement headwinds are clearly more significant than envisioned, and estimates reset materially. The positive is that Meta has historically managed these transitions before…

Meta makes history by losing nearly a quarter of its value overnight

Meta makes history by losing nearly a quarter of its value overnight

Spontaneously losing $210 billion is kind of impressive in a way.

PreMarket Prep Stock Of The Day: Snap Falls With Meta

PreMarket Prep Stock Of The Day: Snap Falls With Meta

If you are a shareholder of Snap Inc. (NYSE: SNAP) you are probably wondering why it is getting walloped on Thursday ahead of its fourth-quarter report after the close.

Meta Platforms Crashes On Earnings: What's Next For Facebook's Stock?

Meta Platforms Crashes On Earnings: What's Next For Facebook's Stock?

Meta Platforms Inc. (NASDAQ: FB) shares are trading significantly lower Thursday after the company reported worse-than-expected fourth-quarter EPS results and issued guidance.

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What's Going On With Amazon Shares?

Amazon.com, Inc. (NASDAQ: AMZN) shares are trading lower by 7.2% at $2,796.23 Thursday morning, possibly in sympathy with Meta Platforms Inc (NASDAQ: FB), which reported worse-than-expected fourth-quarter result

FAANG No More? Facebook, Netflix 'Fracturing' Away From Elite Tech Group, Says Gene Munster

Mark Zuckerberg-owned Meta Platforms Inc (NASDAQ: FB) and online video streaming platform Netflix Inc (NASDAQ: NFLX) are fracturing away from the elite FAANG group, Loup Funds co-founder

The Times of India

Data price hikes limited Facebook user growth in India: Meta

NEW DELHI: Increase in data rates in India limited the user growth of Meta (formerly Facebook) in the December 2021 quarter, the social media major said.

The Independent UK

Meta, formerly Facebook, faces historic drop as stock tanks

Shares in Facebook parent company Meta are in the midst of their worst day ever Thursday after the social media giant reported a rare decline in profit due to a sharp increase in expenses as it invests heavily in its transformation into a virtual reality-based company

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The Times of India

Meta shares fall over 25%, erasing $200 billion off its value

NEW DELHI: Shares of Facebook parent company Meta Platforms crashed more than 25 per cent on Thursday, biggest in stock market history.

Benzinga's Top Ratings Upgrades, Downgrades For February 3, 2022

Meta Platforms's Return On Capital Employed Insights

According to Benzinga Pro, during Q4, Meta Platforms (NASDAQ:FB) earned $10.29 billion, a 11.87% increase from the preceding quarter. Meta Platforms also posted a total of $33.67 billion in sales, a 16.07% increase since Q3.

Why Snap, Pinterest, Twitter and Roblox Shares Are All Falling

Shares of several social media and metaverse-related stocks, including Pinterest Inc (NYSE: PINS), Roblox Corp (NYSE: RBLX), Snap Inc (NYSE:

Why Meta Platforms Shares Are Falling Over 25% Today

Meta Platforms Inc (NASDAQ: FB) shares are trading lower after the company reported worse-than-expected fourth-quarter EPS results and issued guidance.

The Guardian - UK

Why the Facebook owner’s shares are in freefall

Analysis: shares in Meta fell by 25% after latest results revealed first-ever decline in daily users

Gene Munster Says Next Six Months Will Be Challenging for Facebook

Meta Platforms, Inc. (NASDAQ: FB) reported weaker-than-expected earnings Wednesday for its fourth quarter and issued a weak forecast.

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