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.
Gaurav Sodhi is Deputy Head of Research at Intelligent Investor, an investor and prolific investment writer. Given that I have followed him for many years, speaking to Gaurav Sodhi on The Australian Investors Podcast was a real treat for me.
The Playside Studios Ltd (ASX: PLY) share price is down 40% in 2022 despite ratching up revenue and securing an extended work-for-hire deal with Meta Platforms Inc (NASDAQ: FB), otherwise known as Facebook. What’s next for the Playside share price?
The S&P/ASX 200 (INDEXASX: XJO) and All Ordinaries (INDEXASX: XAO) ended slightly higher on Wednesday despite the Liontown Resources Ltd (ASX: LTR) share price and Pilbara Minerals Ltd (ASX: PLS) share price taking a bath following concerns over lithium prices.
Weaker-than-expected US economic data hit US stock markets overnight as Snapchat (NYSE:SNAP) shares crumbled 43%.
US stock markets dropped their bundle overnight after the Bank of England warned of double-digit inflation and rising recession risk in the UK.
US stock markets moved sharply lower on Friday as economic growth, inflation and corporate results continue to bite.
Bob Desmond is the Co-Portfolio Manager and Head of Claremont Global. He joins Raymond Jang on The Australian Investors Podcast to share his investing journey and the inner
On this Australian Investors Podcast episode Dr Anirban Mahanti and Owen Rask tackle Apple Inc (NASDAQ:AAPL), PlaySide Studios Ltd (ASX:PLY), Alphabet Inc (NASDAQ:GOOGL), Commonwealth Bank of Australia (ASX:CBA), Twilio Inc (NYSE:TWLO), Nanosonics Ltd (ASX:NAN), Meta Systems Inc (NASDAQ:FB) and Computershare Ltd (ASX:CPU).
The US stock market continues to recover lost ground as Chipotle (NYSE:CMG) shares gained more than 10% overnight.
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