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Meta Soars by Most in Decade, Adding $100 Billion in Value
Posted inAntitrust Laws and Competition Issues Company Reports Facebook Inc Instagram Inc Layoffs and Job Reductions Meta Platforms Inc Metaverse (Internet) Nasdaq Composite Index Online Advertising Social Media Stock Buybacks Stocks and Bonds WhatsApp Inc

Meta Soars by Most in Decade, Adding $100 Billion in Value

Mark Zuckerberg’s company recorded its biggest daily market gain in nearly a decade, as the mood brightens among tech investors.
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Posted by By Isabella Simonetti
Ford Said Sales in January Increased 2%
Posted inCompany Reports Electric and Hybrid Vehicles Factories and Manufacturing Ford Motor Co Production Sports Utility Vehicles and Light Trucks Supply Chain United States

Ford Said Sales in January Increased 2%

The company’s deliveries of electric vehicles more than doubled, compared with the same month a year earlier.
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Posted by By Neal E. Boudette
Shell’s Profit Soared to $42 Billion in 2022
Posted inCompany Reports Global Warming Great Britain Natural Gas Oil (Petroleum) and Gasoline Sawan, Wael Shell Plc

Shell’s Profit Soared to $42 Billion in 2022

The record haul, pushed by high energy prices and a hunger for liquefied natural gas, came as a new chief signaled a more “balanced approach” to renewable energy.
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Posted by By Stanley Reed
Meta Posts $4.2 Billion Restructuring Charge
Posted inAdvertising and Marketing Company Reports Computers and the Internet Facebook Inc Instagram Inc Meta Platforms Inc Mobile Applications Social Media Virtual Reality (Computers)

Meta Posts $4.2 Billion Restructuring Charge

The company, which is in the midst of shifting to become a metaverse business, also forecast revenue would beat Wall Street predictions.
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Posted by By Mike Isaac

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