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
Short sellers profit from Big Tech selloff as Nasdaq's losing streak continues /
npub1v5h…n5dc
2024-05-16 15:57:34
Author Public Key
npub1v5h3zwv07nf446e7wy4uumr7sdv62n8ejgxyudag8yw83g9aj3wq8yn5dcPublished at
2024-05-16 15:57:34Event JSON
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"content": "Wall Street Falls on Disappointing Economic Data and Meta's Stock Decline\n===============\t\n#124f9b71 ver:1.83\n\nWall 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...\n\n#newstr #WallStreet #UsEconomy #MetaPlatforms #TechnologyStocks #Inflation #StockMarket #Walmart \n\n https://here.news/story/124f9b71?ver=1.83",
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