Facebook’s Meta mission was laid out in a 2018 paper declaring ‘The Metaverse is ours to lose’

Small toy figures are seen in front of displayed Facebook’s new rebrand logo Meta in this illustration taken, October 28, 2021. Dado Ruvic | Reuters In June 2018, Oculus executive Jason Rubin sent an email to Facebook board member Marc Andreessen with the subject line “The Metaverse.” “We believe that the right way to break … Read more

Stocks making the biggest moves in the premarket: Procter & Gamble, Johnson & Johnson, Travelers and more

Take a look at some of the biggest movers in the premarket: Procter & Gamble (PG) – The consumer products giant beat estimates by 2 cents a share, with quarterly earnings of $1.61 per share. Revenue also topped Wall Street forecasts. P&G said it was facing increasing commodity and transportation costs, however, and its shares … Read more

Earnings are the big catalyst for stocks in the week ahead, as Tesla and Netflix report

Traders work on the floor of the New York Stock Exchange (NYSE), September 21, 2021. Brendan McDermid | Reuters Stocks appear to have shaken off the often spooky trading pattern of October for now, and whether that continues could depend on earnings in the week ahead. Dozens of companies are reporting, from Netflix and Tesla … Read more

Here are Tuesday’s biggest analyst calls: GameStop, Netflix, McDonald’s, Amazon, J&J & more

Here are the biggest calls on Wall Street on Source link

5 things to know before the stock market opens Friday

Traders at the New York Stock Exchange, July 20, 2021. Source: NYSE Wall Street was set to open lower on the final trading day of July as investors get three Dow stock earnings and another reading on inflation to digest. Nasdaq futures were leading the way down Friday, with a decline of more than 1% … Read more

Procter & Gamble names Jon Moeller as new CEO, will replace current chief David Taylor in November

Procter & Gamble said Thursday that its current chief operating officer Jon Moeller will become CEO in November, replacing David Taylor, who will become executive chairman of its board. The 57-year-old Moeller currently is also vice chairman of P&G. In addition to becoming CEO, he will also take over as president, another title Taylor currently … Read more

Earnings and the Federal Reserve are next big catalysts as stocks enter week ahead on an upswing

Traders at the New York Stock Exchange, July 20, 2021. Source: NYSE Here comes one of the biggest market weeks of the summer. First, the Federal Reserve meets Tuesday and Wednesday. While no action is expected, there could be some mention of the central bank’s possible wind down of its bond program. That could move … Read more

Ad-supported streaming steals the show at TV upfronts

Signage for the AT&T Inc. WarnerMedia HBO Max streaming service is displayed on a smartphone in an arranged photograph taken in the Brooklyn Borough of New York, U.S., on Thursday, May 28, 2020. Gabby Jones | Bloomberg | Getty Images During its annual upfront presentation to advertisers this week, Fox ran a spoof pharmaceutical ad … Read more

These stocks have a ‘winning strategy’ that might be unstoppable, analysts say

Charter Communications’s office in Newtown, Connecticut Yvonne Hemsey | Getty Images Wall Street analysts said this week that there are a bunch of companies that are executing flawlessly exiting earnings season. These stocks not only have strong earnings momentum behind them, but have the right formula for success and are poised to head higher, according … Read more

Attention shoppers: Price hikes are ahead, but consumer companies hope you won’t notice

Shoppers search for items at a Costco Wholesale store August 4, 2020 in Colchester, Vermont. Robert Nickelsberg | Getty Images Inflation is coming. Look no further than Coca-Cola and Procter & Gamble sharing plans this week to raise prices to offset rising commodity costs. The costs of raw materials, ranging from lumber to resin, are … Read more