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FAANG shares report strong numbers – Are they unstoppable?
Amazon.com Inc (NASDAQ:AMZN), Apple Inc (NASDAQ:AAPL), Facebook Inc (NASDAQ:FB) and Alphabet Inc (NASDAQ GOOGL) all reported. Are they unstoppable businesses?
Formerly Facebook, Meta Platforms (NASDAQ: META) is ‘The Social Network’, with more than 3 billion active users across its three platforms of Facebook.com, WhatsApp and Instagram. It generates most of its revenue from targeted advertising on its platforms. It also owns virtual reality headset company Oculus.
Amazon.com Inc (NASDAQ:AMZN), Apple Inc (NASDAQ:AAPL), Facebook Inc (NASDAQ:FB) and Alphabet Inc (NASDAQ GOOGL) all reported. Are they unstoppable businesses?
The US economy shrank at an annual rate of 4.8% in the first quarter, confirming the worst fears that the world’s largest economy is already in a recession. This was much worse than the 3.5% expected.
The Facebook Inc (NASDAQ:FB) stock price has been a stellar performer for investors but what’s next?
Facebook Inc (NASDAQ: FB) released results for the June quarter this morning and it has beaten estimates for earnings per share and revenue. Here’s what you need to know.
Has the sun set on ‘FAANG’ stocks Facebook (NASDAQ:FB), Apple (NASDAQ:AAPL), Amazon (NASDAQ:AMZN), Netflix (NASDAQ:NFLX) and Google (NASDAQ:GOOGL)?
Is it just me or do Australia’s best investors have something in common?
According to media reports Facebook Inc (NASDAQ:FB) is on the brink of announcing its cryptocurrency.
Facebook Inc (NASDAQ:FB) stock jumped 11% on Thursday after the social media giant released its fourth-quarter results to investors.
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