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2024-05-16 16:13:24
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Yahoo Finance on Nostr: nostr:note138dpdh6zvl5sw9r09r52fw6rh594qlv72qqwc474qnx4y3fyf83qchp3my

Wall Street Falls on Disappointing Economic Data and Meta's Stock Decline
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#124f9b71 ver:1.83

Wall Street falls on disappointing economic data and Meta's stock decline, raising concerns about a potential recession and the Federal Reserve's ability to control inflation. Technology stocks, including Microsoft, Alphabet, and Amazon, also suffered losses. Despite reporting better-than-expected profits, Meta's stock is down 10.6% due to a sales forecast miss and rising spending. Analysts believe Meta's investment in AI is the right move, but expect other tech companies to report increasing costs. #WallStreet #EconomicData #StockDecline #RecessionConcerns #Inflation #TechStocks #Meta #AIInvestment...

#newstr #WallStreet #UsEconomy #MetaPlatforms #TechnologyStocks #Inflation #StockMarket #Walmart

https://here.news/story/124f9b71?ver=1.83
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