Fantastic day for Facebook stock
Dow Jones Market Data Group:
On pace for largest percent increase since Jan. 28, 2016, when it rose 15.52%
Would be highest close since April 20, 2022, when it closed at $200.42
Meta Platforms Inc.
$
200.00
An ETF can mirror the S&P 500
Symbol | Price | Change | %Change |
---|---|---|---|
SPY | $417.92 | +0.72 | +0.17% |
Twitter investors left with limited visability
Symbol | Price | Change | %Change |
---|---|---|---|
TWTR | $48.16 | -0.38 | -0.77% |
Breaking News
Investors shrugg off 1Q GDP contraction
McDonald’s wins from price hikes in 1Q
U.S.: Comparable sales growth was driven by strategic menu price increases, strong marketing promotions featuring the core menu and growth in digital channels, which continued to benefit from the prior year launch of the Company’s loyalty program — “MyMcDonald’s Rewards.” – company reported.
Global comparable sales increased 11.8%
U.S. increased 3.5%
International Operated Markets segment increased 20.4%
International Developmental Licensed Markets segment increased 14.7%
Stock futures rise ahead of GDP, Twitter, Apple earnings
U.S. equity futures traded higher Thursday morning ahead of earnings from five Dow members, as well as economic reports on growth and jobless claims. Continue reading
Facebook parent Meta’s shares jump despite revenue slowdown
Facebook parent Meta’s reported quarterly profit jumped past Wall Street’s expectations, as did its number of daily users. Shares rose 18% in the premarket. Continue reading
Bitcoin price moves toward $40,000
Bitcoin has a bit of a rally going, moving above $39,000. Heading into Thursday, Bitcoin has been up three of the last five days. Continue reading
Oil prices react as demand concerns linger
Oil prices reacted Thursday morning as markets remain concerned about falling demand, especially in China due to COVID-19 restrictions. Continue reading
Gasoline gains continue
The average price for a gallon of gasoline
in the U.S. rose on Wednesday to $4.141, according to the latest numbers from AAA. The price on Tuesday was $4.134. The record high was $4.33, set on Friday March 11, 2022.
Read More: GDP contracts, Twitter-Musk latest, Apple earnings on tap