Meta Platforms (META) stock experienced a 14% surge on Thursday after the company’s Q1 results, released late Wednesday, exceeded expectations. The company also raised its forecast for the current quarter while lowering its expense outlook....
Tag : Microsoft
In a stunning turn of events, the UK’s Competition and Markets Authority (CMA) has blocked Microsoft’s proposed acquisition of video game maker Activision Blizzard, a deal valued at $69 billion. This move has put a...
A broad selection of US stocks was purchased by Saudi Arabia’s Public Investment Fund (PIF), bringing its investment portfolio’s value to about $40.8 billion at the end of the second quarter. According to a US...