Tag: meta platforms inc

20 posts

Snap, Twitter, Facebook Shares Fall Abruptly

The shares of Snap, Twitter, and Facebook dropped at the end of last week due to the updated privacy policy of Apple. The quotations of the first company lost almost 27%, the quotations of the two remaining ones — 5%. Tech analysis of Snap, Twitter, and Facebook shares for October 25th, 2021.

What is happening to shares of Facebook and other IT giants?

On Monday, shares of Facebook, Apple, Amazon, Netflix, Alphabet, and Microsoft plummeted. A hypothetic cause is a rally in the US 10-year bond yield. Apart from that, Facebook had some other reasons. Tech analysis of shares of Facebook, Amazon, and Netflix for 06.10.2021.

Facebook Shares Are Falling: Apple Is to Blame

Facebook shares lost almost 4% of the price, reaching $343.21, after a negative forecast about its financial performance. The latter is expected to worsen due to a slump in the revenue from ads. The reason is the new privacy policy of Apple.

S&P 500 Set New Record

US President Joe Biden announced an investment of $2.3 trillion in the national economy. This made the shares of US IT giants grow, pulling market indices after itself. The S&P 500 got over 4,000 points for the first time in history.

IT Giants Grew by 50% during Pandemics

In 2020, the overall yearly income of major IT companies increased by 24% to 1.1 trillion USD, while their market capitalization grew by 50%, reaching 8 trillion USD. As you might have guessed, we’re talking about Apple, Microsoft, Amazon, Alphabet, and Facebook.

Musk’s Tweet Sent To Orbit Wrong Company’s Stocks

Thanks to Elon Musk’s tweet, the quotations of Signal Advance grew by 6,350%. The agitation among investors reached its peak. The company’s capitalization grew from 55 million to 1.4 billion USD. However, there is one crucial detail. What is it? Get to know right now!

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