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Tech’s Biggest Companies Discover Austerity, to the Relief of Investors

Company Reports Computers and the Internet E-Commerce iPhone Meta Platforms Inc Microsoft Corp

Tech’s Biggest Companies Discover Austerity, to the Relief of Investors

After years of expansion and billions in profits, Big Tech is pulling back from its famously lavish spending as a long boom finally ends.

By Tripp Mickle Karen Weise and Nico Grant

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

Antitrust Laws and Competition Issues Company Reports Computers and the Internet 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.

By Isabella Simonetti and Mike Isaac

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

Antitrust 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.

By Isabella Simonetti

Wall Street Likes Meta’s Plans to Cut Costs

Bank of England Berkshire Hathaway Inc Blackstone Group, The European Central Bank Foreign Investments internal-storyline-no Khan, Lina Meta Platforms Inc Munger, Charles T Ramaswamy, Vivek (1985- ) Stocks and Bonds Strive Asset Management

Wall Street Likes Meta’s Plans to Cut Costs

Meta’s chief executive, Mark Zuckerberg, called 2023 the “year of efficiency,” a pronouncement that is reassuring investors and sparking a wider rally in tech stocks.

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